BTC is only 2-5% below its all-time high, which is usually a bullish signal.

✅ But the market is extremely bearish because BTC dominance is at a multi-year high of about 65%. Altcoins are not moving at all.

✅ There is a lot of whale activity right now: new whales are buying, old whales are selling.

✅ As soon as we see a clear breakout in BTC with volumes, altcoins will recoup very quickly.

✅ For example: ADA grew from $0.15 to $3.10 - this is x20 in just 8 months, and this is a large cryptocurrency. Good things come to those who know how to wait. Have a nice weekend everyone!