Will the market repeat last week's trend?

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5 months ago

Today, the weekly chart of BTC was changed. Both BTC and ETH are bullish on the weekly chart, with ETH having much greater momentum than BTC. Currently, it is a dual-leadership situation, where BTC is weak and ETH is holding up, and when ETH corrects, BTC holds up. The risk ahead is due to insufficient correction, as the weekly chart has been lingering in the critical zone without reaching the extreme critical point. ETH's weekly chart has already entered the critical zone this week, indicating that June may be a risky month. For example, there may be an initial rise followed by a decline, so everyone needs to pay attention later on. The daily chart of ETH has issued a warning, and overall, there will be an initial rise followed by a decline this week. Starting from Wednesday, there will be a certain level of risk during this time period. In the short term, the major market support is at 67300-65800, with resistance at 69400-70500-71300. ETH support is at 3780-3720-3620, with resistance at 3840-3970-4100.

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