The rainbow chart shows that the energy level of each bull market high point continues to decline, and the peak of this bull market is between 135,000 and 160,000.

The current high of the big cake is around 107,793. Recently, the big cake has started to suck blood from all the altcoins to rise.

The overall situation now seems to be that we need to wait for the big cake to stabilize the price fluctuations, the selling pressure of the second cake to stop and increase the daily net inflow of ETHetf, and the second cake will rise again and break the new high, and the altcoin season will come again.