The monthly candle of Uncle BÊ is still trending upwards, this June is quite important for us.
If a long red candle appears, the double top structure like last season is highly likely to occur.
A green candle appears but it must surpass 111K to be assured that the uptrend will continue.
If it's a doji candle, the psychological torture of trading will continue.
In general, regardless of the candle, what we care about right now is whether there is a wave for the entire market to play, right AE?
#BTC has had a very impressive journey, not to say it hasn't increased, but this Altcoin season is truly miserable, last season BTC had 2 peaks and most coins were at peak 1 more than ten times, then divided about 3-5 times and then multiplied 5 to 10 times again to complete several dozen times in one CYCLE.
This season, on the contrary. BTC is regarded as having 2 peaks, nearly 10 times compared to the bottom while the Altcoins are dividing by 5 or 10 compared to the highest peak or just dividing straight away.