$BTC just dropped sharply to 107k, almost clearing the entire strongest long cluster this morning, then rebounded slightly, indicating that BTC has killed the long positions first.

👉 It is highly likely that ETH has one more drop to synchronize and "catch up with BTC", after which it will rebound together and trap the next short (extremely feasible if BTC continues to "play the lead role" to guide the entire market).

If BTC rebounds too quickly while ETH hasn't dropped → that is a sign that ETH is being held at a price to trap separately → be careful of a fake pump.