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#USNationalDebt $ETH $BTC $BNB Ethereum's current situation is somewhat complicated. The 2185 level could make a difference in price action. It's still too early to talk about it, as Bitcoin's market share is very high.
I don't see any room for recovery in Bitcoin stocks. There's still some downside ahead. A few things may happen in the coming days, so let's keep an eye out.
Yes, cryptocurrencies are on an important rise and the market is positive
But we must analyze things and understand what is happening and why, and know what and how to follow up.
First, the main driver of the market is Bitcoin, and this is well-known as it is the largest financial asset in cryptocurrencies.
Secondly, the driver of alternative coins (altcoins) is Ethereum, and we have noticed how this currency has started to break through negativity, and we see this in ETHBTC. The continued rise of ETH against BTC will create what is called altseason.
For ETH, it is crucial to stabilize this breakout and regain trading above 3000 to officially exit the realm of negativity.
It is also very important to monitor Bitcoin dominance BTC.D; whales in general need alternative coins to liquidate their assets, so we will see significant liquidity rotation from Bitcoin to altcoins.
The TUN currency is moving within a channel The prominent levels are in blue Losing the level of 2.77 achieves 2.3 Not losing the level of 2.77 and maintaining it is good for building an upward movement The nearest level to buy is 3.1