Sjuul

Lately, #altcoins have been beaten up pretty badly.
But at least the $BTC dominance chart is not looking that bad.
Perhaps it can start to break down from here and give us a mini #altseason?

I know the sentiment is pretty bad across the board, but if you open the $BTC chart, we are still basically retesting the last cycle high.
So we are still in a pretty healthy environment of "resistance flip and retest."

The #altcoin chart is in trouble!
As you can see from the $TOTAL3 chart, the altcoins market cap without $BTC and $ETH, just lost the high time frame bullish structure, pointing to a fresh lower low.
Either we reclaim that resistance level in green, or much more pain might arrive.

I know watching the #crypto market right now is pretty painful.
But remember this super important rule in investing...

$MORPHO chart is not looking bad but is moving against an important resistance level.
It is a make-or-break level.
What do you think, will it have the stamina needed to break it?

$PUMP has a chance here to give some nice pumps!
All it needs to do is hold the local structure and go for a higher high.
Can we manifest it?

🚨 WHY NO ONE IS TALKING ABOUT THIS?
YOU WON’T EARN ANYTHING FOR HOLDING STABLECOINS.
LAWMAKERS ARE PUSHING RULES THAT COULD BAN REWARDS JUST FOR HOLDING.
IF THIS PASSES, BILLIONS IN LIQUIDITY WILL HAVE TO MOVE SOMEWHERE!
AND HERE'S WHAT NO ONE IS ASKING....
....Show more

There is not much to say: life is all about perspectives!
Where a normal person sees a terrible red candle, a $BTC maxi sees an incredible opportunity.

Looks like this is our only option now😤

Everyone lately is talking about the underperformance of $BTC vs $GOLD.
Actually, the chart is simply confirming this: $BTC is just down bad!
But maybe we are entering a turning point; if history has to rhyme, we might see some sort of recovery soon.