According to Material Indicators, Bitcoin's (BTC) ability to defend the Quarterly Open is a bullish signal for support. The firm emphasizes the importance of closing the weekly candle above this level to solidify this positive trend. This analysis highlights the significance of time-based technical analysis in evaluating BTC's market position.

According to Crypto Rover, Bitcoin's dominance in the cryptocurrency market is about to close at its highest weekly candle since 2020. This indicates a potential shift in market sentiment towards Bitcoin over altcoins, which could lead to increased trading volume and price movements in Bitcoin. Traders should monitor the dominance metric closely as it may signal a stronger bullish trend for Bitcoin in the near future. (Source: Crypto Rover)

According to Michaël van de Poppe (@CryptoMichNL), Ethereum ($ETH) has displayed a promising weekly candle. If it avoids a full retracement, the second week of March could see strong performance for ETH, indicating potential trading opportunities.

According to CrypNuevo, while Crypto Twitter was predicting an all-time high (ATH) and bullish price action (PA) for Bitcoin on Sunday night, CrypNuevo issued a bearish update forecasting a retracement of the recent upward move. This prediction was made despite the prevailing bullish sentiment during the weekly candle close, and notably, the forecast was met without ridicule from the community, as stated by CrypNuevo on Twitter. Traders should consider this bearish perspective when planning their strategies. Source: CrypNuevo on Twitter.

According to Michaël van de Poppe (@CryptoMichNL), $SEI has absorbed liquidity, suggesting a potential upward price reversal. He notes a strong weekly candle could confirm the bottom, recommending it as a strategic addition to trading portfolios. Cited information emphasizes $SEI's current market dynamics and potential for growth.

According to Michaël van de Poppe, AAVE is showing a massive weekly candle, which suggests a potential bottoming process rather than continued decline. The projected price range for the next 3-6 months is between $450 and $600, indicating a possible recovery phase. This analysis highlights a potential buying opportunity for traders looking for long-term gains, as the current market conditions may indicate strong support levels forming. Source: Michaël van de Poppe (@CryptoMichNL).

According to Michaël van de Poppe, NEAR Protocol has taken all liquidity beneath recent lows and displays a strong weekly candle, suggesting a potential price target of $15-20 within 3-6 months.

According to @GreeksLive, the volatility of Bitcoin this week resembles the PnL curve seen in meme coins this year. The current weekly candle for Bitcoin appears very strong, and if it maintains its position through to Sunday, it could be a significant bullish indicator.

According to @CryptoMichNL, the altcoin market capitalization has shown a massive weekly candle. If this trend continues through the week's close, it indicates increasingly positive signs for the altcoin market.