Outlook for the Rest of This Week’s Market｜Watch the Breadth of Any Weekend Rebound
Today is Friday. BTC is up 0.74% over the rolling 24 hours, while ETH and SOL remain lower. This reflects divergence at the moment and shouldn’t be taken as the return for the entire week.
For the rest of the period, focus on two things: whether ETH and other major coins can follow the recovery, and whether BTC can stay strong through the weekly close. If BTC is the only one showing strength, it’s too soon to conclude that risk appetite is broadly recovering. If trading volume thins out over the weekend, any breakout will need further confirmation. Not investment advice. #CryptoMarket
Today is Friday. BTC is up 0.74% over the rolling 24 hours, while ETH and SOL remain lower. This reflects divergence at the moment and shouldn’t be taken as the return for the entire week.
For the rest of the period, focus on two things: whether ETH and other major coins can follow the recovery, and whether BTC can stay strong through the weekly close. If BTC is the only one showing strength, it’s too soon to conclude that risk appetite is broadly recovering. If trading volume thins out over the weekend, any breakout will need further confirmation. Not investment advice. #CryptoMarket