The reason for the bull's delay is already the release of so many coins into the market, and the person behind this is the former CEO of Binance, CZ.

My expectation for a correction in btcusdt is still ongoing. If btcusdt manages to exceed the ATH point, it could target 124.840$ and 127.170$ . However, this would make the correction I am anticipating even harsher. Currently, altcoins are performing well, except for certain leaders. btcusdt is at 75.000$ , while ethusdt is at 2200$ . Therefore, be very careful when processing your trades. There is still a GAP left by btcusdt at 116.900$ . In any case, it is guaranteed to come here, but I would also advise being ready for it to go lower. This is my personal opinion. I have always stated that ldousdt is a leader; its depreciation falling below the critical level will also pull down ethusdt. The reason is that ldousdt is the major coin for ethusdt's stake. The critical level for ldousdt is 1.438$ .