BTC and ETH Analysis: Bullish Momentum Continues

BTC: Data: Bitcoin spot ETF net bought 7376 BTC in the past week. In the past 24 hours, 2649.33 BTC flowed out of the exchange wallet. In summary, it shows that Bitcoin is still favored by a large number of people in the long run, and the data is good. Fundamentals: Weekly level: A hanging line was closed, although it is not very friendly, but the weekly line closed above the 5-week line, which is still relatively strong. It is expected to challenge above 70400 this week. If it breaks through 70400 and effectively stands firm for 24 hours, then there is hope for a new high in the future. Daily level: A shooting star line was closed, which is currently above all moving averages, and is expected to fluctuate upward, and it is still in the process of a bull market. Strong pressure: around 70400; around 75200;

ETH: Linked to the trend of Bitcoin. Strong pressure: around 3697; around 3850;

Altcoin: The altcoin market has shown some signs of activity recently. With the gradual recovery of the Bitcoin ecosystem, the dynamics of many altcoins have also become active. Recently, many chips in the market have been flowing quite fully, which shows that investors are gradually increasing their willingness to adjust their holdings. The current market environment is still a great time to build positions, because the second wave of rise of many high-quality altcoins has not yet started, which means that investors still have the opportunity to seize this opportunity and continue to lay out. If you want to lay out ambush coins and bull market potential coins, add the administrator WeChat masike2023 to consult and join the strategy group.

Today's hot sectors: DWF; Inscription; BRC-20;

The panic index is currently 76 (extreme greed)

热点：BTC ETH