Bitcoin Hesitates, Ethereum Resists – Steady Lads

The weekly analysis provided by trader Cara on the Steady Lads platform of Journal Du Coin highlights a general calm on this Monday, August 10. The absence of marked volatility keeps major indices within their usual consolidation structures. Investors are adopting a cautious stance, as breaking through major technical barriers is essential for triggering a sustainable bullish movement. However, this low activity does not prevent the formation of exploitable secondary setups on shorter time frames. Key points from this article:

• The weekly analysis has highlighted a market calm on this Monday, August 10, with a notable absence of volatility.

• Ethereum has shown a strength signal by validating technical breakouts, while Solana and other altcoins have attempted a rebound in a general consolidation context.

Consolidation of Global Market Capitalization and Neutrality on Bitcoin {#h-consolidation-de-la-capitalisation-globale-et-neutralite-sur-le-bitcoin}

The index of global capitalization without stablecoins, Total ES, remains constrained by a double graphical obstacle on a weekly time frame. The price simultaneously encounters a horizontal resistance and a downward sloping trendline. Nevertheless, daily analysis shows an upward breakout from a descending channel, suggesting a direction towards the upper bound.

On the 4-hour data, the former resistance has undergone two successive retests as support over the weekend. This technical behavior confirms a moderate buying pressure, even though caution prevails before breaking the upper blocks. The TOTALES capitalization is still under two major resistances -- Source: Steady Lads

Bitcoin adopts a comparable dynamic by consolidating below the key zone of $66,500. This level encompasses the horizontal resistance, the closing peak of 2021, and the long-term downward slope. On the daily scale, the protective level maintained by traders remains intact after having played its role of invalidation.

The adjustment of buying positions will depend on the validation of a higher peak, accompanied by a phase of upper stabilization. For now, the absence of a clear breakout implies maintaining current allocations without taking additional risks. Significant resistance zone for Bitcoin on a weekly basis -- Source: Steady Lads

Relative strength signals on Ethereum and attempts at altcoin rebounds {#h-relative-strength-signals-on-ethereum-and-attempts-at-altcoin-rebounds}

Ethereum shows a more offensive configuration by validating the breakout of its two downward sloping trend lines. Although the price still struggles below its weekly horizontal resistance, the preservation of daily support consolidates open positions.

Meanwhile, the ETH/BTC ratio maintains a neutral orientation above its breakout levels. This structural stability encourages the search for entry points on pullbacks, as the market gradually validates the strength of recent lows against the dollar. Ethereum has broken through a resistance but needs to confirm the trend -- Source: Steady Lads

The rest of the sector shows sporadic reactions within a still lateral global altseason index. Solana records a 3.5% increase in daily data after breaking out of its consolidation, aiming to re-enter the $80 threshold.

On its part, Pepe stabilizes near a major weekly trendline, while Dogecoin tests an extended monthly support. The latter also develops a bullish divergence in daily data. These isolated signals translate into targeted opportunities, although the sector awaits confirmation from the Alts/USD index.

The persistence of significant resistances frames the short-term evolution of various assets. The preservation of current support levels supports the hypothesis of a continuation of the accumulation phase. Traders are monitoring the emergence of sufficient buying volume to validate the pending breakouts. To not miss any of Cara's analyses and be the first to know about the market's technical directions, there is only one thing to do: join Steady Lads.

STEADY LADS PORTFOLIO TRACKING $100,000 {#h-suivi-portefeuille-steady-lads-100-000}

Allocation as of 10.08.26:
💵 Stablecoins: 48% --- 💰 Cryptos: 52%

After a long period without new positions, a clear signal prompted Cara to take action again. This entry is based on a clear breakout with a particularly attractive risk/reward ratio. The portfolio now includes two assets, with a weighting close to 50/50 between stablecoins and crypto.

📍 Follow in real-time the complete evolution of the portfolio and Cara's decisions on Steady Lads

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