#大盘走势
2024.04.21 Market Analysis
BTC has a long lower shadow on the weekly level, accompanied by a failure to break through the Tongda line, and has verified the 60000-62000 support range four times. The bulls' intention is very obvious, and the accumulation is complete. The current unclear situation is the war between Iran and Israel, and the expected time of the Fed's interest rate cut. However, from the K-line itself, the bulls' intention to accumulate funds and rise is very obvious. The market outlook continues to be bullish.
ETH's weekly line verified the large-scale support of 2885-3150, with signs of long accumulation, and will follow Bitcoin's rise in the future. However, from the weekly level of ETH/BTC, there is still about 10% room for decline. Keep the BTC position larger than ETH until the ETH/BTC reversal signal appears to adjust the position.
