BTC and ETH Bounce
BTC and ETH have made some strong movements upward in the short-term after testing support yesterday morning. The MFI is attempting to swing upwards and break short-term areas of resistance while the MACD momentum is preparing to trend upwards. BTC tested the $60k range on Saturday morning, however support proved to be strong. Ethereum showed similar promise after testing support.
Ethereum finds itself attempting to test its ATH once again as the MFI and momentum continue to swing upwards. It tested support around $4,350. The overall market is nearing $2.8 trillion while BTC and ETH dominance holds steadily around 42.7% and 19.6% respectively.