🚨 2020 & 2024 ETH/BTC chart comparison.

In the same scenario, we are now at Higher Low and the altseason is about to start. In my last posts, I stated that BTC Dominance is at a critical level and that there will be sharp movements up and down for weeks. I even shared that you should avoid long trades and highly leveraged trades.

The long rate is still very high in the market, so the system tends to go down. Since the indexes are at a critical level, sharp movements are inevitable and these movements may last for another 3-4 weeks.

If you are patient, an altseason is inevitable. We may be comfortable as spot traders, but avoid high leverage.