📊 Again Bulls and Bears are fighting at 50 Day EMA support level to take the control.

Watching who takes control to make the next move.

📊 Current Market Sentiment While Big Companies File for Altcoin ETFs.

We already discussed the lack of an altcoin season due to the thousands of new coins, but the main reason is different.

Every time ETH or any major narrative gains momentum, BTC dumps and spoiling the party.

During the last bull run, Bitcoin's production cost was $30K. Now, after the halving, it has risen to $90K. This explains why BTC has bounced off the $90K support level three times.

We are still trading near the production cost, To keep miners profitable and to maintain BTC Price above production cost, BTC requires liquidity.

Since new liquidity is not entering the market through rate cuts or money printing, they are finding alternative ways to extract liquidity primarily from supressing ETH Price (holders & stakers) and through hype-driven narratives.

So, When Will Altcoin Season Start?

→ Once new liquidity enters (Rate Cute, Money Printing or Alt ETFs)

or

-> BTC Tops and Liquidity flows from BTC to Alts.

Bitcoin is down 1-2% Alts down 5-10%.

Focus should be on altcoins that are highly correlated with #BTC.

If BTC runs they are likely to follow.

📊 Market Tops After Halving :

1st halving : 11 Months
2nd halving : 16 Months
3rd halving : 10 Mo 1st Top & 16 Mo 2nd Top

4th halving : If Double Tops like 3rd Halving.

First Top : Feb - April.

Second Top : Aug - Oct.

➡️ LONG SOLUSDT

❇️ Entry: 197.00000000 - 187.15000000

☑️ Target 1: 206.85000000

☑️ Target 2: 216.70000000

☑️ Target 3: 226.55000000

☑️ Target 4: 236.40000000

⛔ Stoploss: 180.000000

💫 Leverage : 10x

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#SOL/USDT Take-Profit target 1 ✅
Profit: 50.0% 📈
Period: 9 Hours 54 Minutes ⏰

$CHEEMS on fire 🔥 Listed on Binance.

Pump just getting started 🚀