(5/9, Sun) btc once approached to near $60000 and closed 2.6% up

Yesterday(5/8 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $57422, its lowest as $57036, its highest as $59646, its closing as $58935. Bitcoin reached a low right after the start of Saturday and then began to rise, surpassing $58,000 at 02:30, breaking through $59000 at 08:00, accompanied by a large trading volume, and fell close to the daily starting price at 15:45 with a large sell volume, but rose again, reaching a high at 20:15 and closing 2.6% increase.

If you look at the 4-hour chart, the moving averages gathered on 5/7 showed a pattern of spreading again in a regular arrangement, and bitcoin is on the rise. Even in the daily chart, it can be interpreted positively to rise clearly above 50MA. However, dominance was down to 45.7, and Ethereum, which was $2300 when btc was $65,000 on April 13th, rose 74% leading the great altcoins' bull market. I wonder how long this will last because it has been taking turns between major and minor altcoins.

Looking at the daily chart of Ethereum, it seems that the slope of the upward curve that started on April 25th is almost over 50 degrees, which is similar to it of Bitcoin ascending from $32,000 to $58,000 in early February. At this time, bitcoin began to decline after rising for 20 days, and if applied similarly, it seems that Ethereum may still have upside potential for another week. If so, the target price of Ethereum seems to be able to look up to $6000.