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Bitcoin at $116,000 and consolidation. $ETH breaking out significantly and back to $4,600. Altcoins start outperforming the markets. That's what we're currently in and will be.
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Where do you think BTC tops this year?
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I'm still waiting for $ETH to pick up with the 20-Week MA. I don't think we'll have a severe deep correction; it's more likely that we'll continue to have upside. Consolidation until the Weekly MA comes closer or is in play. That's ultimately what we're waiting for.
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Altseason Signal Flashed!
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At some point it really does look like we'll get a decent looking altseason. Especially if you spend some time looking at the TOTAL3 chart. However, I don't like the term altseason anymore. At least not in the general sense. I think narrative season is the most accurate way to describe what we'll have. Narrative season still includes a tremendous amount of alts. But not all. While altseason usually talks about every single bag anyone is holding. And that is not the case. Narrative season > altseason
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