$BTC $ETH Yesterday, the market sentiment started to rebound steadily. Bitcoin's recovery was quite decent, reaching around 78.8k, but Ethereum only managed to hit the 2,325 level. Compared to Bitcoin's movement, Ethereum was a bit weaker!

Currently, what can be said is that we're mainly worried about Ethereum causing some trouble. Although Bitcoin has reached a position near the previous small rally, Ethereum still has a significant gap from that level. If Ethereum truly reaches around 2,360, based on Bitcoin and Ethereum's current positions, then Ethereum could pull Bitcoin upward. This is also why, even when Bitcoin reached that level, the small rally didn't continue, which raises some minor concerns!

Let's talk about the market sentiment now. Right now, Ethereum's situation is a bit frustrating, but the overall trend still looks bullish. First, Bitcoin is forming a double top below 80k, and this pattern is still within that range. The selling pressure above is quite heavy. For Bitcoin to change this, it would need to break above 80k. Second, Ethereum's previous high has been gradually decreasing, and to change that, Ethereum would need to break above 2,400. Third, the support level below isn't strong enough to break through the resistance above, so in my personal opinion, the market might continue to consolidate. However, just to be safe, Bitcoin's position might need a significant adjustment!