Bitcoin and Ethereum weekly charts have completed their weekly closing. Currently, from the weekly perspective, there are no major issues. First, let's share the conclusion and outlook: the weekly trend remains bullish. The monthly trend is also bullish. Influenced by the US stock futures opening this morning, Bitcoin and Ethereum followed the market trend. As previously mentioned, there was a liquidity grab below. However, this morning, they went even deeper to acquire liquidity. But there was no breakdown, no unexpected moves. The decline is mainly due to Trump's additional 10% tariffs on his allies. Gold surged this morning, and US stock futures and the crypto market all experienced varying degrees of decline. Tariffs do impact the economy, so short-term downward adjustments to digest sentiment are normal. However, the increase is limited, and the impact is contained. From the daily chart perspective, Bitcoin and Ethereum have retraced into the middle consolidation zone, supported near the MA20 moving average. The weekly chart is also near support levels, and the weekly price remains above the higher-level MA120 moving average. The monthly chart is also above the MA20, clearly indicating a bullish trend. Short-term corrections are opportunities to enter the market. The liquidity above 99,000 for Bitcoin will definitely be taken. Ethereum is aligned with Bitcoin, with liquidity above around 3500. Be patient and wait; there are no major issues. Shen Zichen Village Committee Party Branch
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Bitcoin and Ethereum weekly charts have completed their weekly closing.
Currently, from the weekly perspective, there are no major issues.
First, let's share the conclusion and outlook: the weekly trend remains bullish. The monthly trend is also bullish.
Influenced by the US stock futures opening this morning, Bitcoin and Ethereum followed the market trend.
As previously mentioned, there was a liquidity grab below. However, this morning, they went even deeper to acquire liquidity. But there was no breakdown, no unexpected moves.
The decline is mainly due to Trump's additional 10% tariffs on his allies. Gold surged this morning, and US stock futures and the crypto market all experienced varying degrees of decline. Tariffs do impact the economy, so short-term downward adjustments to digest sentiment are normal.
However, the increase is limited, and the impact is contained.
From the daily chart perspective, Bitcoin and Ethereum have retraced into the middle consolidation zone, supported near the MA20 moving average.
The weekly chart is also near support levels, and the weekly price remains above the higher-level MA120 moving average.
The monthly chart is also above the MA20, clearly indicating a bullish trend.
Short-term corrections are opportunities to enter the market. The liquidity above 99,000 for Bitcoin will definitely be taken. Ethereum is aligned with Bitcoin, with liquidity above around 3500.
Be patient and wait; there are no major issues.
Shen Zichen Village Committee Party Branch