Market Insights Bitcoin Consolidation, Ethereum Breakthrough Currently, there is a significant divergence in the trends of Bitcoin and Ethereum. Bitcoin remains in a consolidation phase while Ethereum has independently broken out (driven by continuous buying from coins like BMNR). Ethereum has now reached over 4000, while Bitcoin is still in the 116000 range. Ethereum's highs in March and December 2024 are around 4080, so if it breaks and holds above this level on the daily chart, it will further open up upward space. Previously, I believed that if it breaks 4080, it would quickly reach 4800. I think the current coin companies have strong motives to push the price higher; only in this way can they achieve a positive feedback loop. There is still selling pressure in the market (although much of the selling pressure in the 4000 range has already been absorbed). Yesterday, we thought there would be a pullback, but it seems that hasn't happened today, and the market continues to rise. However, Bitcoin has indeed not broken out yet, so there is still a possibility of a lower high. I believe the key level that would invalidate the pullback theory is at Bitcoin's 119500 level. If this level is broken, then I will no longer look for a pullback but will continue to chase the upward trend. Yesterday, I took a long position on LINK. After entering at 18.3, it has already risen quite a bit, and if it continues to go down, I can still add to my long position. This article is sponsored by #BCGAME | @bcgame @bcgamecoin