If BTC reaches $10,000 without any pressure, the top 10 currencies will collectively rise

In the unilateral recovery of BTC, only a few currencies can show a strong consistency with BTC, and the recovery rhythm of most currencies is not faster than BTC. Especially after entering June, BTC's market capitalization share further increased to 57.76%, making the gap between the top 10 currencies and BTC widen.
In other words, the upward trend is evolving into a pattern where BTC is the only one that is rising. In this case, BTC is facing the choice of breaking through $10,000. A healthy market evolution means that the overall market price will rebound. At present, BTC is approaching the $10,000 mark. Only when the top 10 currencies make up for the rise over the weekend can the bullish trend be strengthened.

Judging from the characteristics of BTC’s weekly K-line trend, after the price rebounded and broke through the Fibonacci 23.6% corresponding to $7,101, a weekly K-line level adjustment pattern did appear, but it only lasted for one week before the price rebounded again and reached the Fibonacci 38.2% resistance level of $9,542.
I don’t see that BTC’s recovery rhythm is very fast. Although it has shrunk in the short term and rebounded to above US$9,542, a relatively reasonable explanation is that after the main force bought a large amount of coins in the early stage, it used a certain degree of control to pull up BTC.
However, before BTC strengthens further, the rebound of the top 10 currencies can better test the authenticity of BTC's breakthrough.

Let's look at the performance of ETH, which ranks second in market value. During the period of shrinking trading volume, the RSI indicator ran above 50. In terms of price, ETH is close to the upper track of the Bollinger Bands, and in the short term, it is completely running below the resistance level. Given that ETH's resistance near $275 is strong, there are few opportunities for price breakthroughs in the short term without significant volume.
However, compared with the rise of BTC, ETH has a very strong demand for catch-up. Although it is constrained by the pressure level, it should be noted that the linkage between ETH and BTC is relatively good in the previous recovery stages. The rise of BTC and ETH one after the other also often becomes a reality.

XRP is running above the middle track of the Bollinger Bands, and the price performance is very strong. However, since the expansion state of the Bollinger Bands has not changed significantly, the volatility potential of XRP will still be very large. At this time, investors can pay attention to the short-term XRP starting signal from the middle track position of the Bollinger Bands.
Considering the past rises of XRP, it is difficult for investors to obtain chips in the chasing stage. In other words, it is very difficult to chase the rapid rise of XRP. Therefore, when the demand for catching up is very strong, there is still a lot of room for profit in holding XRP.
In the previous situation of a 25% intraday closing increase, we expect XRP’s breakthrough strength to remain strong in order to quickly get rid of the adjustment performance.

During EOS’s recent shock adjustment phase, after the Bollinger Bands have obviously shrunk, if there is no major change in EOS’s growth rate, there is no way to talk about crossing the upper Bollinger Bands.
From the perspective of price increase, EOS has obviously lagged behind BTC. Looking back at this round of price increase, it is not uncommon for EOS price to break through the upper track of the Bollinger Bands. After the breakthrough, the price will rise unilaterally on the trading day.

From the perspective of XMR’s volume and price performance, due to the huge volume of transactions on May 27, the average volume of transactions in the short term is still running at a high level. In other words, XMR is one of the few currencies that maintains a high volume. Therefore, in terms of short-term growth performance, there will be better volume and price performance. As the effect of linkage with BTC gradually strengthens, the market value of XMR is much smaller than that of BTC, only 10.5 billion US dollars. Next, small and beautiful price performance is expected to appear on XMR.
On the positive side, FATF (Financial Action Task Force on Money Laundering) is about to release final guidance on crypto businesses. As the largest cryptocurrency in terms of market value, XMR has received more attention recently, and the price increase trend has intensified. (CoinNess)