Once the blue was lost, that was the first LTF sign to me that a potential pullback will occur
However this "demand", while good for a bounce, is likely to fail as liquidity now resides down below the "Powell pump" low. That pump which led to the liquidity of ATHs with a failed follow-through
The goal rn is to be patient for the MTF dip to unfold or to wait for price reclaims higher. Further dip on alts has strong case, on ETH decent too
In either case, such drop is still very much ok so do not give in to the bear porn being shared everywhere.
