Currently, let's review.

Bull market for $BTC & $ETH
Today, we are only looking at the weekly level 👇
▪ From the weekly level:
Since the beginning of 2023, the weekly MACD trend indicator for Bitcoin has been above the 0 line, resonating with various other indicators—the MA60 decision line crosses the price from top to bottom, and the price is above the MA60. These two indicators continue to show a stable trend state. What does it mean? It means that since the beginning of 2023, Bitcoin has remained in a strong bullish position, with fluctuations that can be considered as position washouts or adjustments, but do not change the one-way upward trend!
Let's take a look at Ethereum, the Ethereum path will be rockier, the MA60 decision line does not move as strongly as Bitcoin, Ethereum is more winding. Nevertheless, about 6 weeks ago, the weekly DIF MACD level of Ethereum returned above the 0 axis, as a bullish confirmation of the bearish reversal, I believe the Ethereum bullish market has officially opened, no doubt, no question.
………………………………………
We know:
MACD is a trend indicator,
KDJ is an oscillation indicator,
MA60 is the decision line.
………………………………………
Many people think that if it rises too much, it must come down. Hmm, you are right. But as long as the price is above the MA60 line, the upward trend does not change; price pullbacks are just temporary movements.
………………………………………
▪️Let's take a look at KDJ on the weekly level
If it continues to rise, look at the weekly KDJ performance of BTC over the last two years: no matter how many times it touches the 50 line, it always firmly and quickly returns above the 50 line.
However, ETH funds have shown a winding and hesitant performance over the past two years, causing the weekly KDJ performance revolving around the 50 line to be unstable, and the coin price also shows significant fluctuations.
Currently, the weekly KDJ of Bitcoin and Ethereum are both above the 50 line, and the D value is around 80. This figure is worth discussing further😉
First of all, in conclusion, what level is the value of D at this position? Every time the KDJ experiences a golden cross, there is bound to be a surge, because the higher the value of D, the stronger the bullish power! However, if the value of D falls below the 50 line, it means strong bearish pressure, and bullish will take a hit; you can also consider it as a reversal from bullish to bearish, but currently, this situation is very difficult to occur.
………………………………………
▪️Let's talk about ETH/BTC at the monthly level (Image 3)
I personally believe that this is an assessment indicator for the explosion of the Ethereum ecosystem and the altcoin season. Currently, market patterns show that the KDJ golden cross has been occurring for about 5 weeks, and the MACD will soon golden cross ( below the axis 0). In conclusion: I believe ETH/BTC will undergo a pullback process, after adjustment, and then will start a strong rise (moment of altcoin surge)! Note: The pullback of ETH/BTC does not mean that ETH and BTC will decline, it only indicates the real-time price ratio between ETH and BTC.
So here, it needs to be explained why ETH/BTC will experience a correction first? Because: 👇
The ETH/BTC monthly level, the last KDJ golden cross value was only 12, the bullish trend is very weak, in the near future the J line will pull back, then the J line will tidy up and turn upwards, at that time the D value will be higher ( will be around the 50) line, a crazy bullish market will come, which also means a crazy bull market!
Thank you for reading🙏