Not really ideal Hopefully this move just winds up being a wick below. Granted it'd unfortunately be a fitting end to this cycle to just slowly bleed to death 💀

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Believe it or not, this is still holding 4th week of testing the supertrend now.

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Remember the ETHBTC supertrend? We just reclaimed it as support for the first time in about 8 months. Up.

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FYI, with this I expect ETH to rally to ATH and break past it soon. Alternative is the cycle likely ends - think the chances of it ending here are very low.

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If we can get above the 200d and consistently close above it, I'd expect us to have a post-covid style run on alts. Invalidation is if ETH fails to make and hold a new ATH. So many corpses left behind tbh, what a nasty cycle either way.

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Interesting (in the biblical sense) Today, alts hit the exact same level of weakness we saw during the covid crash. I mean, if it helps, if ever there was a time to call the bottom..

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Told you those lines will hold 🎯 ..told you it'd cause 9/11 for altcoins 💀

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happy 9/11 Brought to you by the commander-in-chief ✌️

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gunna have to start calling these "presidential candles"

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it’ll be fine except for your leveraged alts they’ll have another 9/11 if bitty needs those lower supports ..but alts tend to have a 9/11 every other week now, so it’s mostly business as usual either way

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btc.d like a moth to a flame Just get it over with, roundabouts 61% and it should hopefully collapse.

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Picking up a bit of XPL here. Thesis: people won't shut the fuck up about it, and it's 40% down

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Just my 0.02 $degen I don't think there's any fear of a cycle top being in while this is below 0.9.

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So, rly not enough data here to say anything substantial, but I picked up a bit of spot. 0.786 is normally a "last line of defense" for assets before a full retrace to the lows - but Aster is like..a few days old. Buying anywhere under $1.53 should be decent for spot, but just keep in mind that a move to the low ($1.28) is what usually happens after rejection off 0.618. Again though, when stuff is this new, you're mostly just reading tea leaves (even more than usual). My actual assumption is just that CZ starts shilling 🤷

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BTC.D Really hate to say this, but if that was a shitcoin - I'd buy that chart. Our alts may be eating shit until this is resolved one way or another.

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