GOOD MORNING!!!

We are starting another day in the land of #BTC and still below $70K...

Prices are still slow, even though some Altcoins are making +5%/7%, it's still little, but we should see this improving as soon as Bitcoin goes above $70K and then $74K.

We fell yesterday below the sideways channel we had been making and this made people think that the decisive movement was made, but I don't think this thought is reasonable, since the upward movement should be what sustains, not downward... this seems more like a liquidity capture than a real movement.

In any case, I still think that around the 14th we will have a more expressive movement.

A close at $69K is ideal for the Bulls, watch those levels!

The dominance of USDT started to give a break, it seems that retail started to feel more confident, but remember: DO NOT abuse leverage and never have excessive confidence in leveraged trades.

The USDT chart also looks good for us to observe today and tomorrow, it tells us a lot about the next movement.

ETH is about to recover $2K, this will help altcoins perform better next week.

ETH
ETH
1,912.97
-2.09%
BTC
BTC
65,337.09
-3.34%