The accumulation zone of $BTC and the price base of Altcoins I see are completing and the explosive phase of the mad bull wave will happen soon!
The current accumulation zone of $BTC is over 200D, there are quite a few traps to sweep the sl, forcing retail to release goods.
Many brothers are afraid that the price will drop to the 30-40k zone, so they have cut and waited for optimization. Others are afraid of economic fluctuations and recessions, so they are also standing outside to observe.
Currently, if the price goes up, I see that it will bring more skepticism to the majority out there. The mad bull wave will happen soon and the cyclical nature of $BTC will still repeat itself similar to previous cycles.
