#BTC Technical Analysis

1. The weekly MACD death cross is confirmed, temporarily inclined towards a fluctuating adjustment similar to 24-3 → 24-8;

2. Currently, the adjustment level has been confirmed to expand to the adjustment targeting the rise since 98200. If it breaks below the 108 position, it will confirm an expansion targeting the rise since 74508. In terms that retail investors like to hear, the position around 108 is very likely to be the support for this level;

3. The adjustment wave is inherently very complex and difficult to predict accurately. Relatively speaking, it’s good to know which market conditions are simple and which are challenging.

#ETH Technical Analysis

1. The difficulty lies in the current divergence between Bitcoin and Ethereum's trends. Ethereum has shown a push pattern since the rise from 4060;

2. Therefore, there are several possibilities for this rise since 4060: 1. It is in the process of topping, referring to Ethereum's movement in May; 2. It is the first wave of a five-wave structure, and the complete five-wave rally that follows could be significant; 3. This is indeed the five waves continuing to form a top.

In the cryptocurrency market, apart from the previous linear plot where $SOL dominated a small portion for a while; the rest is only dominated by Bitcoin and Ethereum.

If Bitcoin declines, or Ethereum tops, and other altcoins perform well, for me, it would be a trap; hence there is no need for analysis, because these coins are not part of the profit-making plan.

With my insufficient skills, in such market conditions, I choose wealth management, and then watch the high-level teachers execute high sells and low buys, shedding envious tears.