Now, according to the classic approach, everyone will start shorting, and these unfortunate souls will probably be kicked out feet first, as is usually the case.

We are seeing a beautiful approach to the level and the maximum price of $BTC .

Essentially, everyone stuck in Bitcoin is being given a chance to exit, and this may already indicate that a new ATH will be set.

Yes, later on, of course, the price will be pulled back from somewhere and a correction will be given, but this is not a short.

At the top, there is emptiness; you have no clear stop in this scenario except to hide it behind the maximum, but that usually ends with liquidity being taken.

And any closing of a short position is a market buy, which pushes the price up.

So, just watch the market and remember such moments.

Altcoins look tired, and the sideways movement has exhausted everyone, but it is important to understand that momentum is formed from accumulation, and until that very exit, there’s no point in getting anxious; the market will show everything itself; it needs time.

By the way, at $XVG , there is exactly the same formation as there once was at $XRP .

Well, that's just... an observation; think for yourselves 🤝