I am cautious with $BTC? — Comparing the charts #TOTAL, #TOTAL2, $USDT.D, and $BTC to explain my idea.

• The overall trend is downward and we are in a resistance range

• TOTAL2 is also down but far from the resistance area by 22%

• USDT.D is decreasing but is approaching an important 1W support threshold

• BTC is rising but has reached an important resistance area of $108k - $110k

The most important thing here is TOTAL2, which includes ETH and Altcoin.

Since both BTC and TOTAL are near the resistance area and TOTAL2 still has a lot of room, I tend to believe we are in distribution.

While TOTAL and BTC fluctuate at ATH levels, we see rotation and TOTAL2 has time to fill this gap at higher levels, allowing altcoins to rise further, and as money rotates from BTC to Altcoin, USDT.D also reaches its important support level.

Here, I will remain cautious with BTC and play according to the altcoin trend as long as they continue to rise and will only return to BTC if there is a lower correction or if there is a clear ATH breakout and reversal of BTC and TOTAL and support break on USDT.D.