If we look purely at the candlesticks, $BTC is currently being tightly suppressed by the weekly-level resistance of 82800. In other words, it is the high point of our last weekly-level rebound. Meanwhile, $ETH and SOL have already broken through the weekly-level resistance and successfully established themselves above it. Other major coins like DOGE and XRP are even weaker than BTC’s. Especially DOGE. The main reason is the same as I mentioned earlier: first-tier major coins like ETH, SOL, and BNB each have their own independent operators and “dog lords.” As for second-tier major coins like DOGE, XRP, HBAR, and ADA, more often than not they end up feeding on the capital overflow coming from first-tier major coins. Once BTC breaks through the weekly resistance, DOGE should also catch up and surge for a period. At the moment, the bottom’s trading volume has started to expand.


