The current big coin is still in this rising flag pattern. Today’s daily candle close shows that the moving averages of the big coin have formed a “crocodile mouth” with the opening facing upward. This shape suggests a high probability that it will continue to be pulled higher. In addition, the rising flag pattern is also similar for Ethereum. So, right now, the village chief still looks bullish on big coin and Ethereum. Ethereum was stopped out two days ago, then re-entered yesterday. Ethereum is currently up by 50 points. Big coin is still in a losing position. At the moment, Ethereum is moving much more strongly— it directly pushed up to around 2530, above the flag level. After a breakout, Ethereum’s upside room will open up. For big coin, it needs to break above 82,000. If U.S. stocks regain the previous trend and move back above the trendline, it’s expected that U.S. stocks will also rebound. Overall, the outlook remains bullish. The market may continue to move in sync with the external markets’ momentum.
$BTC
$BTC

