The chart is challenging politics! Why did the news fail to break the trend? 📈🇨🇳🇺🇸 Despite the recent political tensions between China and the USA and the events that pressured the market and temporarily pushed prices down, one technical truth has made itself clear: charts don’t lie! After a comprehensive analytical round of most leading coins, the outcome is clear and consistent: all the giants have managed to hold above the ascending trendline, which means the overall trend is still bullish. 🛡️ Resilience of the big players above the ascending trendline:
Bitcoin #BTC is stable and holding above the ascending trendline.
Ethereum $ETH maintains its positive positioning above the trendline.