$BTC OBV now working on the comeback to reclaim support. First time showing some strength in a while.
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The picture is not all bleak, however. Some signs of recovery emerged after Fed Chairman Jerome Powell’s speech at Jackson Hole, but overall the market remains extremely fragile and unpredictable.
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$ETH Ethereum now in reaching distance of its 2021 all time high. What a cycle it has been so far. After being stuck between ~$2.8K-$4K for most of this cycle, it finally managed to break out last week. Anything above $4K-$4.1K I will consider as bullish. There will be ups and downs along this trend but as long as the larger structure remains bullish I will go with that trend.
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