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The market looks a bit deliberately arranged.
$BTC is moving closely along the MA line, while $ETH is firmly stuck near the upper Bollinger Band. This precise positioning always gives the impression of manipulation. It's not that there's an issue, but the coincidence of this positioning feels a bit too "perfect."
From a technical perspective, such a layout usually indicates that the direction is still brewing, lacking a clear breakout intention. In the short term, it’s either gathering strength or testing the patience of market participants.