@0xshaf
$BTC trying to break ATH is a sensitive moment! Every time it's the same story:
1️⃣ Pump to a new local high
2️⃣ Rapid dump back down with
3️⃣ Pump to a new local high, a bit closer to ATH
While Bitcoin is consolidating this way, here is what happens to alts:
1️⃣ Tiny move up together with Bitcoin
2️⃣ Huge dump because everyone is hedging $BTC rejection
3️⃣ Tiny move up again
Thus, some alts don't even break local resistance when $BTC finally rushes to the new ATH! This is why you should be extremely selective with altcoins now, all eyes on $BTC!
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