Trends
$BTC &
$ETH ETH this week – Have the whales positioned themselves?
🔍 Overview:
BTC is still sideways in the range of 117.2k – 118.5k
RSI – MFI neutral, volume has not clearly broken out
Whales are testing supply around 117k but have not accumulated clearly
📊 BTC Technical Analysis (4H):
Wyckoff: may be at LPSY – the final selling zone
Elliott Wave: risk of entering correction wave C if it breaks 117k
EMA9 < EMA25 < EMA99 → short-term downtrend structure
🎯 Scenario:
✅ Holding above 118.8k + volume → potential breakout
❌ Breaking below 117.0k → confirms breakdown, down to 115.3k
📈 ETH – Stronger than BTC?
Currently holding above 3,800 USDT
RSI ~50–55 → still holding strength
Money flow is waiting for BTC to confirm to lead altcoins
⭐ Conclusion from
#forstar :
“Money flow is still observing. Don’t guess, follow the trail. If BTC cannot hold 117k, this week will be a time of clear market polarization.”