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polaris_xbt
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Bearish
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$PENDLE
Looking to buy some spot around $2
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$APE I'm pretty sure we are the only ones that paid attention to this chart. GG if you took this one. #WhichMemeCoin? #MemeCoinTrending
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$BTC Reclaim value area high = PERMABULL Until that happens this is a solid place for fresh short attempts down to 58k.
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$APT The moment it reached the line it started underperforming almost everything. Was a good spot to tp. Now all alts are waiting for a decisive breakout. While $BTC is sucking their souls out. Break through soon or carnage.
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With $ETH being in the bottoming phase against $BTC it is a good time to start assessing alts against ETH. The ultimate goal is not to accumulate alts, but to accumulate more BTC and ETH via alts. All these beta plays are held for swing trades, and only for a brief period of time. What you want to capture is periods of explosive outperformance. Example below đ $ARB vs ETH ... Most likely in the bottoming phase.
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DXY is relentless Sooner or later it will affect $BTC , and especially alts .
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