Many friends have questions: Bitcoin and Ethereum have new highs, why is it possible for altcoins to peak earlier?
First of all, Bitcoin and Ethereum will run in the 1-hour and 4-hour Bollinger bands mentioned in my figure.
Every time Ethereum rebounds to the 1-hour Bollinger upper rail and falls, altcoins will also fall after the rebound.
But altcoins such as fartcoin $FARTCOIN have lower and lower highs and lower and lower lows.
In this case, Bitcoin and Ethereum can have higher points, and altcoins may only have secondary highs.
This explains why altcoins peaked earlier than Bitcoin! $BTC $ETH