For a very long time, minor upward reactions and a continuation of the decline have dominated trends in altcoins. The idea that every rise is an opportunity to short has become so popular that people are discussing not what to buy, but where to short.

But today or tomorrow, I expect the MM to activate its short hunting mode. It's time to punish those who have become obsessed with the thought that it has risen too much and will now fall, as well as those who say they will short on the next rise.

In spot trading, all coins have made an ATL against BTC. I think we should now focus on BTC pair-oriented breakouts and trends, rather than USD pair.