$ETH

What we see in the news is another coordinated action, I think it is clear to everyone.

The important thing is another matter, that the global model of the reversal of all markets is getting closer, and this means that the time for altcoin growth is becoming less.

S&P still has to reach a peak according to the metrics, $BTC in this model asks for 118-120, but from which figures we will see all this is now unclear.

A falling knife in the market is not traded, the three-day rule must be respected.

Therefore, we will look at the opening of next week, because so far in the current model we can only see a new bounce on Bitcoin and drop even further or simply see further inflow from the current levels.

How I would behave in their place: I would bring Bitcoin back to the highs first, then make a new high, give everyone hope for the start of the altcoin season along with a good movement on altcoins (50-100% and more) and then unload all this in the zone of 86-60 thousand for Bitcoin.

This would be a real disappointment and panic.

But these are just my thoughts, let's see how they play this game.

To make this "horror" easier to understand in numbers, it’s as if $ETH reached $4000, and then went to $1500-1100.

Wishing everyone a great weekend, don’t try to get into this meat grinder for now 🤝