Whether we like it or not, the past few years and this cycle, altcoins have only been able to run when Bitcoin has been smashing new highs rapidly.

Not when it's been dropping, not when it has been ranging and not when it has been reclaiming a prior local high.

ONLY when it has confidentially broke prior local highs and surged above and beyond.

What does that mean today?

That again, whether we like it or not, alts will only get decent exposure once Bitcoin breaks above $110k WITH CONFIDENCE (not small and shallow breaks).

Does it always have to be that way? No, something needs to change (significant narratives or catalysts like risk-on season with QE or other factors).

When it does it can switch up the current model like we have done before in the past.

But right now this is the way it is for alts.