Hello everyone, welcome back to the weekly cryptocurrency analysis, today I'll share my thoughts on several coin trends.
These types of articles are expected to be updated weekly, usually Sunday.
Let's get started!
Since after a few weeks of analysis I found that most cryptocurrencies are following the market trend, from now on the weekly cryptocurrency analysis will present the trend in the form of a chart.
View of the entire market
Let me talk about my views on the entire market first.
This week, the market entered a stalemate, closing each day with small up and down fluctuations, no particularly prominent movements, it can be said to have entered a consolidation range.
BTC Analysis
BTC rose about 10.7% this week, from $37,777 to $41,834, and now appears to be in a state of consolidation.
ETH Analysis
ETH rose about 16.4% this week, from $2,515 to $2,929, a very good performance compared to BTC.
HIVE Analysis
HIVE also gained about 10.73% for the week, from $0.829 to $0.918, similar to the broader market.
The above is for sharing, not investment advice, please be cautious when investing
You can also share your opinion in the comments
Thanks for reading, see you next time.
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