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DoomPosting
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Degens Deteriorating
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Important to look at $BTC, and not the smaller ones like $SOL, when seeing if there are obvious patterns in the price movements

Not only because there are much clearer patterns on $BTC,

But because, mechanically, fair to say that

(1) The much larger $BTC drives the smaller ones, in the longer timeframes

(2) The smaller ones are, in the longer timeframes, often simply a distorted interpretation of the $BTC’s price movements, exceeding BTC’s highs when the market is optimistic, and underperforming BTC’s when the market is pessimistic

So yeah, in retrospect, BTC’s local top here perfectly fit the pattern

What happens next? Good question.

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BTC back on the climb?

Out of the trenches?

Fakeout?

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Rockets go up,

crypto goes down

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