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Recently, the Crypto Assets market has shown some encouraging signs. Bitcoin's performance is particularly noteworthy, as the weekly chart indicates it has once again stood above the key trend line, which may signal a new pump. Although there have been some divergences on the MACD indicator, the overall trend remains very strong.
From the daily chart, Bitcoin's performance is outstanding. It is currently above all important trend lines, and the MACD indicator is also showing a golden cross pattern, which is usually seen as a buy signal. It is worth noting that the Relative Strength Index (RSI) has not yet entered the overbought zone, indicating that there may still be room for a pump.
At the same time, Ethereum is also showing positive market momentum and seems to be re-entering a bull market. The strong performance of these two major Crypto Assets, along with market expectations for the approval of the Ethereum ETF, is driving the overall optimism in the Crypto Assets market.
However, investors should remain cautious and closely monitor market trends. Although the current trend looks promising, the Crypto Assets market has always been highly volatile, and the situation may change at any time. Before making any investment decisions, it is essential to conduct thorough research and risk assessment.