It's gonna be short review of the market this time. Bitcoin is at the $23k-$24k exactly testing the 0.25 fibonacci fan. Ethereum progressed even more, and is currently around $1,700. It's slready progressed beyond the 0.25 fib, and that is a good sign. I expect for bitcoin breaking to the update, this level is very important for a bulish market. The last time we testing this level was March 28 to May 5. We have been in this area for more than one month. And it's quite possible we might do more of the same this time, go down for a while, find more solid support at the $20k area.

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As long bitcoin stays inside the green circle, I think it should be okay. It would be a healthy sign if BTC would break this important level, this would probably decide if we are really in a bull-market once again. There's also a chance of slowly going to the $19k-$20k zone, big accumulation zone there, while the alts will be on the rise.

Ethereum is on the way to that green circle with the center at $1,870, this is a very important point. It's the apex of 0.382 fib, a long resistance from May, and the upper line of a Broadening Formation pattern. I expect it to break it, spend some time at the top, and then probably go test the $1,800 range.