for example- last time $ETH was topping, I called bullshit on the move, and $XRP was also topping on a BS move as well around $3.50 which is quite high for XRP
usually the market is strong (as a whole) whenever $ETH is
1. If $ETH is setting up for a biblical run
And 2. When $ETH cooks, altcoins are usually cooking
Then 3. Altcoins are not that far away from cooking
The biblical alt season is dormant, but on the horizon
Ride the waves, sell the waves 🌊🌊🌊🌊🌊
$ADA 5 waves followed by an ABC will remain king
This is the current probability
That is -56% from here (macro speaking ONLY)
But- here's the thing...
ALTS do NOT all move together
If Cardano drops that doesn't mean all coins do
That's a huge misconception on CT
Patience 🙏
"macro speaking ONLY" means, even though cardano is at .186, doesnt mean it starts dropping right now and straight down
it could go up to 22 cents and then start dropping. it could do alot of things.
this is just macro speaking.
$BTC I hate to say it, but this is the subwave 4 to me right now
I am seeing same exact pattern on MANY alts as well (confluence)
Wave 4s always have the psychology of "we're back" or renewed optimism
Guess we'll see, we will know soon enough! 🙌
$BTC.D Dominance still weak 🩸
H&S patterns are very powerful
Still not invalidated
If this plays out, ALTS will be ready to consume more of the liquidity floating around
Patience 👍
when 5 waves occur (unknown size for now) Kathy Wood comes out with targets of $100K and says "ether" all over the timeline everyday
consider unloading the entire position
$ETH/BTC Pairing with a strong pop, reacting off the (c) leg
Give it time, no emotion here, zoom out
Later we will see a FULL RESURGENCE
Last run we saw $ETH outperform $BTC for 126 days 🤝
#DXY US DOLLAR (Kill Zone)
Start of the week, still leaning towards this probability
Zoom out. It takes time. More days.
But if/when this breakdown occurs, this will help crypto find its bottom/REVERSE