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A few days ago, I said that the mainstream altcoins are starting to strengthen, right?
Today, most of them have directly taken off.
The king projects are soaring even more.
Bitcoin is currently oscillating around 80,000.
Ethereum is oscillating around 2,300.
Currently, both Bitcoin and Ethereum are above the weekly support levels.
The bullish trend remains unchanged.
This month, there is a high probability that Bitcoin and Ethereum will close the monthly candle with a positive gain.
Moreover, there is still positive momentum from Trump's visit to China this month.
A potential negative factor is the emergence of a new virus, hantavirus.
It is currently spreading in a small area.
Metaphysical predictions suggest this virus will outbreak in September.
It is expected to spread during the World Cup.
A larger scope would impact the market.
There are only a few months left.
Currently, the bulls still hold the advantage.
The rise of altcoins is also a signal that the market is preparing to rally.
The virus is very strong with a high fatality rate; everyone should still avoid unnecessary movement to stay safe these past two years.