Although Bitcoin recently experienced a surge of over 2K, most Altcoins are not showing significant growth at the moment. The ETH/BTC index continues to decline.
Meanwhile, Bitcoin, after scanning two liquidity zones at 45K and 46K2, has created a new significant liquidity zone at 44619. Therefore, those considering entering the market at this point should carefully weigh the decision, as there may be another flash dump to gather liquidity before moving upwards.
Additionally, pay attention to assets related to this trend, as the approval of the Bitcoin ETF could likely lead to a strong revival of BRC-20 and PoW. This is especially true in the context of the upcoming Bitcoin Halving. Show Less