Good morning all,

The analysis is playing out so far. BTC should reach 44k-45k first and then possibly 50k. That would trigger massive FOMO again and liquidate all the early shorts. But at the same time, that would complete the w5 of C, meaning the bear market rally is over.

On the other hand, altcoins are bouncing nicely and I expect them to keep pumping as long as BTC stays within the 40k-50k range (local top formation/distribution)

I wish you all a nice week!