🔴 ALTS IN DEEP RED — BUT BTC & ETH ARE HOLDING 👀
Something interesting is happening in the market.
Many altcoins are taking heavy hits, while BTC and ETH are showing relatively controlled price action.
📊 On the weekly charts:
₿ BTC: ~$83.3K
Ξ ETH: ~$2.67K
Both have already broken above their respective long-term descending trendlines on the charts.
Meanwhile, the broader altcoin market is seeing much deeper selling pressure.
This divergence is worth watching. 👀
If BTC & ETH continue to hold their structure while altcoins remain weak, the next major rotation could become important for the market.
BTC → ETH → ALTS?
No prediction. Just watching the structure. 📌
TradingBulls 🐂
Technical analysis only. Not financial advice.
#BTC #ETH #bitcoin #Ethereum #altcoins #crypto #TradingBulls
$BTC
$ETH
Something interesting is happening in the market.
Many altcoins are taking heavy hits, while BTC and ETH are showing relatively controlled price action.
📊 On the weekly charts:
₿ BTC: ~$83.3K
Ξ ETH: ~$2.67K
Both have already broken above their respective long-term descending trendlines on the charts.
Meanwhile, the broader altcoin market is seeing much deeper selling pressure.
This divergence is worth watching. 👀
If BTC & ETH continue to hold their structure while altcoins remain weak, the next major rotation could become important for the market.
BTC → ETH → ALTS?
No prediction. Just watching the structure. 📌
TradingBulls 🐂
Technical analysis only. Not financial advice.
#BTC #ETH #bitcoin #Ethereum #altcoins #crypto #TradingBulls
$BTC
$ETH
