Altcoins are looking ready to melt faces. One th 1D timefra | Sykodelic 🔪 on Binance Square

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Altcoins are looking ready to melt faces.
One th 1D timeframe right now we have  a strikingly similar setup to previous runs:
- A break in the downtrend
- Golden Cross
- Rising volume on the push higher
The 3D, 5D and 1W look even more bullish, but I just wanted to showcase the 1D here.
If there is to be any bearishness, it will be very short lived.

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$ETH is HUNGRY for $3k. 14 daily closes above the 200D EMA, with wicks below eaten up. Very very clean PA. $3K next, maybe by tomorrow. "I KNOW SOMETHINGGGGG" 😅

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This is a very bullish metric. Long term Bitcoin holders have been aggressively buying since the $74k bottom. Especially over the last two weeks. Long term holders/smart money always buy into bottoms and sell into tops... So it is a great metric to follow for understanding where we're at. But what is even more interesting about now, is that even though we have already broken into new highs, they have not started selling yet. The last two run ups(as pictured) you can see that Long term holders started selling just before we broke higher... Then continued to sell all the way up. What does this tell us? That Long term holders are expecting this to run so much higher.

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I don't know who needs to hear this but... When BTC is breaking ATHs Altcoins don't move. And this is how we want it to be. I'm seeing A LOT of people complaining about alts. We just need to let Bitcoin cook first. As Bitcoin is coiling and breaking, it is sucking liquidity and becoming more dominant. Once it breaks and runs, dominance tops and liquidity then flows into the market. And again, this is how it should. This is the only way a breakout truly works. So chills chads, chills. Let BTC cook, hold on to your positions... And let the market do its thing.

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Bitcoin just hit ATH. And just look at how clean that PA is. Those 50day EMA tags and rising volume push... Aint nothing beairsh here anons. Pray for the bears. PA might be a little wild here, but make no mistake... It's on.

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It’s so funny man. Everyone thought it was over… Then markets pump for weeks. $ETH god candled from $1,800 to $2,700… Then everyone FOMO bought in the last few days at the highs… And are now saying it’s over again cos we dipped after massive moves. If this is you, you are destined to lose unless you can look beyond your current emotional state. Those of us who stayed strong and bought the lows, made great gains these last few weeks and shaved some profits at the highs, whilst most were telling us we’re sidelined. You will see me insanely bullish at bottoms… But you will also see me very cautious at top areas. And that’s because I know this game. We have to become bullish when majority and bearish, and bearish when majority are bullish. Even if it’s just LTF. If you wait for everything to be green before you buy… The ones who bought when it was red, will be selling into your buys. This pattern repeats for investors over and over until they lose it all. If you want to win, you have to level up your game and understand what I’ve said here. Because next, you’ll all be selling the bottom again in panic.

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