MZCAPITAL

$ETHBTC Update.
The $ETHBTC pair has become active again.
The global support at 0.028 worked perfectly and produced a 10% bounce.
However, volumes are not supporting the move.
What do we see on the chart?
The pair is still trading below the 21 and 50 moving averages.
Above the price there are two strong global resistance levels at 0.032 and 0.037.
And the pair remains inside a clear downtrend.
What needs to happen for $ETH to take the initiative again?
First, a break of the descending trendline.
Second, a move above the moving averages and a confirmed hold above the 0.034 level.
Only after tha

$BTC.D Update.
In August last year $BTC dominance broke below the 21 and 50 moving averages.
Since then a lot has happened.
Altcoins were almost wiped out, yet $BTC.D still remains below these two key moving averages.
Last week $BTC.D retested the 21 and 50 MAs again and was rejected once more.
If $BTC.D closes this week below both the 21 and 50 moving averages, there is a high probability that in the coming months it will move down to test the 200 moving average.
That would finally give altcoins some room to breathe.
Altcoins, led by $ETH, are extremely oversold.
The market is already due for

$BTC This week closed below the 200 moving average.
But as I said before, my view remains the same.
We will not print a new lower low.
Yes, we may retest the 60K level again.
But this level must hold.
Why did the price move below the 200 MA?
Because there were a lot of stops sitting there.
Newly opened longs mostly placed their stops below that moving average.
And the market maker decided to collect those longs.
If someone shows you PnL with million-dollar profits, do not believe them.
In most cases it is either advertising like with MMcrypto, or demo accounts.
The market maker sees all your p

$ETH update ⚡️. This is exactly the moment when $ETH must show its dominance over $BTC. We saw it in January 2021. We saw it again in 2024. $ETH must start its parabolic move 🚀. And pull the entire altcoin market with it. Do not listen to those who bury altcoins. Remember one thing. The crypto industry is built on altcoins, not on Bitcoin. $BTC has become digital gold 🪙. Altcoins are the future 🔮. As soon as $ETH breaks above 3500 🔥. The real show begins. Do not dare to give up at the end of the road 💪. My portfolio: $TEL $TIA $APT $AVAX $ETHFI $LDO $OP $ETH $ONDO $ENA $MANT

Good morning, legends ☀️. Yes, we are broken, but not destroyed 💪. I look at the gold and silver charts 🪙. And I keep thinking about one thing — when this money will flow into crypto 🚀. $BTC and $ETH are waiting for their moment 🔥. My portfolio: $TEL $TIA $APT $AVAX $ETHFI $LDO $OP $ETH $ONDO $ENA $MANTA $ALGO $ZK $XNO#BTC #Bitcoin #ETH #Ethereum #Crypto #Altcoins #BullRun #Trading #AltSeason #DeFi #Blockchain.