The crypto market has entered the "Monkey Market" stage. The weekly chart is bullish, while the daily chart shows a pullback, bouncing up and down, tugging at each other. After a healthy correction, the overall trend remains bullish, with Bitcoin (Big Coin) still willing to challenge the weekly resistance. Currently, whether long or short, there are profits and no greed. If an opportunity to test the weekly resistance appears, short positions can be entered. This is the fourth week of rallying; after the weekly acceleration, risk should be noted. Meanwhile, today is also the second round of negotiations between the US and Iran. If they remain tough, progress will be difficult. Currently, the market is oscillating at high levels; it can't go up or down, just waiting for the outcome. From the trend, the main players remain optimistic; every dip is met with buying power.



Big Coin: Support on 6- and 8-hour charts indicates the bullish continuation, but the shrinking momentum shows how far the market funds are willing to carry it. About 80% of the time, the market is sideways and volatile; liquidity is poor, and large funds only occasionally move. The market shows frequent pinning.

Despite this, every key dip is blocked by large funds from falling further. Actually, bad news isn't that bad. The possibility of a large-scale attack is low, but small skirmishes are just for shaking out weak hands.

Support: 75,500-76,000, Resistance: 78,000-78,300, 80,000

Bitcoin (Big Coin): The ETH overall long-short ratio has dropped to 0.9 (more shorts than longs), and the funding rate remains negative, but not deeply; short conviction is weak. If spot buying resumes, there is still room for reversal. Watch for levels synchronized with Big Coin.

Support: 2,300-2,320, 2,265, Resistance: 2,350-2,380, 2,400, 2,450
BTC2.16%
ETH2.91%
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