Let me draw a picture for everyone to take a look—this is also why I’ve always been firmly convinced that there will be an opportunity for a pullback at the weekly level.
At the weekly level, the logic is actually similar to the startup move of the 2023 bull market.
Before the bull market kicked off in 2023, the MACD also formed a golden cross and maintained divergence, then moved near the zero line to confirm, followed by a pullback.
Now, at this position, the weekly-level MACD is hovering below the zero line. And based on the K-lines in the main chart, at this point it will likely continue pulling back downward. The pullback range will center around 66,700–72,300.
So after this wave of pullback is done, we’ll need to focus on opportunities to get in.
$BTC
$ETH
At the weekly level, the logic is actually similar to the startup move of the 2023 bull market.
Before the bull market kicked off in 2023, the MACD also formed a golden cross and maintained divergence, then moved near the zero line to confirm, followed by a pullback.
Now, at this position, the weekly-level MACD is hovering below the zero line. And based on the K-lines in the main chart, at this point it will likely continue pulling back downward. The pullback range will center around 66,700–72,300.
So after this wave of pullback is done, we’ll need to focus on opportunities to get in.
$BTC
$ETH
