Every single time when we reached the red zone we had major spikes in altcoin/meme OI.
Every single time instead of money flowing into BTC and helping it break out we had people max risking on alts chasing bigger pumps.
Result - Bitcoin weakness at resistance, which leads to altcoin weakness which leads to BTC dropping and alts getting obliterated.
Is this pump different?
▫️ There is slightly more BTC & ETH volume than usual.
▫️ BTC.D is rising.
▫️ ALTs OI is super high, but not as much relative to BTC as it was in March for example.
