Week-end wrap-up and outlook for the new week | A daily-chart rebound doesn’t necessarily repair the weekly chart
Based on Binance’s UTC+8 weekly candles, as of Sunday 21:30, BTC was down about 2.94% from the start of the week, and ETH about 5.62%. The week has not yet closed.
In the new week, the first things to watch are whether BTC can return to around its weekly open at 83,909 and whether ETH can reclaim around 2,536. These are reference points for recovery, not targets that must be reached. If the two continue to diverge, I’ll focus more on relative strength than on betting in advance on a broad rotation.
Source: Binance public weekly candles; not investment advice.
Based on Binance’s UTC+8 weekly candles, as of Sunday 21:30, BTC was down about 2.94% from the start of the week, and ETH about 5.62%. The week has not yet closed.
In the new week, the first things to watch are whether BTC can return to around its weekly open at 83,909 and whether ETH can reclaim around 2,536. These are reference points for recovery, not targets that must be reached. If the two continue to diverge, I’ll focus more on relative strength than on betting in advance on a broad rotation.
Source: Binance public weekly candles; not investment advice.