(10/29, Fri) btc broke 100MA and 50MA in a day probably following eth's rising of 9.4%

Yesterday(10/28 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $58499, its lowest as $57505, its highest as $62636, its closing as $60625. After the start of Thursday, Bitcoin moved sideways around $59k, then rose strongly from 08:15 and broke through $60k in 30 minutes, broke through $61k at 09:45 and approached $62k at 13:30, then fell $4500 in 15 minutes from 18:30 to a low, then rebounded sharply, reaching a high near 63k at 20:00, and then again dropping by $2,000, closing a final gain of 3.6%.

Looking at the 4-hour chart, Bitcoin, which was expected to move sideways for the time being by breaking below the 100MA the previous day, broke through the 100MA and 50MA in one day with a strong buying power, and then closed in the box. Today's move is the $5,000 whipso that surpassed the $4,000 whipso of the previous day, making it difficult to predict the direction of the market due to abnormal movements.

Looking at the daily chart, it seems that it is not enough for btc to reverse the downward trend after hitting a new ATH. On the other hand, Ethereum, which fell below $3,900 when Bitcoin fell, rose 9.4% during yesterday and rose to $4,300. This situation means that the existing pattern of moving sideways after the btc's hitting ATH and an additional rise in Ethereum is repeated. Considering that Ethereum has increased by an additional 87% in May Bitcoin's ATH in April, this rise of Ethereum is expected to continue to probably $7,000 for upcoming 30 days.