BTC hits 80,000, ETH relatively weak


Although the market's oscillating rally hasn't been smooth, it has also reached near 80,000, giving some small-cap coins a chance to rally, but most altcoins in the broader market haven't moved, indicating that market consensus and funds are not fully in place yet
It's unlikely to be the bottom of a bear market here, because the duration, magnitude, and structure of the oscillation, combined with the previous cycle's time and space, make it unlikely to be the absolute bottom
Therefore, the current rebound on the daily chart still requires attention to potential reversals, with resistance levels referencing the daily Vegas death cross, and technically, there is an expectation of a double top. The left shoulder has already formed; now, it depends on the price action at the right shoulder!!
BTC-0,09%
ETH-2,04%
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