2 天前
There’s is no way for me to be bullish on this market looking at the sfps on XRP, SOL & ETH weekly charts. It reminds me of the sfp that Ltc had in 2021 and when I couple this with BTC trading back below its 2024 ATH. I don’t see a bull case. I see an end of momentum and price drooping over. A large 10 month distribution that is coming to an end. There is no fresh narrative. MSTR topped in 2024 November. It’s trading below the 200dma for the first time since 2023 and acting as resistance. ETHBTC has already pumped as it does at the end of every cycle. The only way for me to change my mind is if we get back above 108k.
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