Yesterday Ethereum broke through the trendline intraday.


Today morning Bitcoin also broke through the trendline.
Currently the main resistance is the 3-day MA23.
The 5-day MACD has already turned at the reversal point and is moving upward with volume emerging.
The weekly line is also approaching the MACD reversal point soon.
After breaking through the 3-day resistance,
The 5-day and weekly trends will resonate together.
Currently we cannot short arbitrarily.
Visually the 3-day resistance appears unable to hold.
From the 4-hour and daily perspectives,
We're in a unilateral uptrend movement.
Currently,
Bitcoin's strongest resistance is at 80000.
Ethereum's strongest resistance is around 2550.
If both of these can be broken through,
it will break the larger structure's downtrend.
Then the bull market will truly return.
Video analysis this afternoon.
ETH1.73%
BTC0.24%
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