The rise triggered by Powell's dovish news on Friday has now been fully retraced, except for Ethereum.

Why is Ethereum strong while Bitcoin is weak?

Altcoins are not following Ethereum's rally this weekend.

There is only one reason.

The main players in BTC have been unloading ETH through switching positions.

Altcoins are completely off their radar.

Currently, Bitcoin is in a topping structure.

U.S. stocks are also in a topping structure.

Altcoins seem to be showing signs of a downward continuation.

The market is really too fragmented.

I don't know how long this false prosperity can last.

It may really take until interest rate cuts are implemented and liquidity is injected to achieve true market prosperity.

Additionally, let me remind everyone,

The altcoin season is not coming back.