Greetings to everyone, colleagues and just random subscribers.

So, on the cue ball yesterday there was an exit from the triangle without a retest and a range of movement of almost 7%. He works on one of the options that I voiced at the beginning of the week - he draws the second vertex.

What happened yesterday?

And yesterday there was a regular meeting of the Fed and a little later a speech by its head J. Powell. The decision to maintain the key rate range at 5.25–5.5% per annum coincided with market expectations. Inflation has fallen over the past year but remains quite high, according to the Fed. The department also noted the low unemployment rate. Over the long term, the Fed aims for 2% inflation and maximum employment. Experts associate the stimulation of economic growth with investor interest in risky assets, which include cryptocurrencies.

The total capitalization of the crypto market has grown to $1.57 trillion, but there is still a small margin to the key resistance level of 1.65T, from where I expect a correction along with Bitcoin.

The cue ball reacted with growth, but this growth began several hours before the meeting and actively continued after it began.

#BTC

Now the cue ball seems to be forming a second top, which I expect to see at $44,500-45K, and if we manage to break through further, then the maximum ceiling at the second top is the resistance block of $46,000-48,500, which I talked about in previous reviews and gave an example with a logarithmic chart of the cue ball and Fibonacci. We have a few more days until the end of the week, and if we close 1 Week closer to 40K, then next week we will see a continuation of the fall to the nearest support block of $36,000-38,000. Otherwise, we may see a break in the key resistance zone.

#ETH

Ethereum also does not want to show us the LP with two candles and is trying to gain a foothold in this resistance block and reach the upper limit of $2500. Looking at the decrease in the dominance of the cue ball and the growth of the cue ball itself, Ethereum has a chance to reach these values ​​even this week. Let's see how the day and week close out today. For now, we are watching a retest of the lower border of the resistance block, which could become a continuation of the bearish correction if sellers manage to hold the level of $2290-2300.