Market's doing what it does best — erasing months of pain in days. Total crypto market cap just tacked on $500B and we're pushing right back toward the May highs and that range top.
This is classic mid-to-late cycle behavior. Violent bounces, fast recoveries, sentiment flipping overnight. If you've been sitting in cash or waiting for "the bottom," this is the kind of move that forces repositioning.
We're testing resistance now. May highs matter. If we break and hold above, that's confirmation we're still in expansion mode. If we get rejected here, expect another leg of chop or a retest lower.
Cycle-wise, this feels like we're still in the window where risk-on works. Rotate into strength, don't chase tops, but don't sit out either. $BTC leading or alts catching up? Watch the dominance. If $BTC.D rolls over here, alts get the green light.
Stay flexible. Take some off if we hit resistance. Add if we break through. This isn't the time to be dogmatic — it's the time to read the tape and position accordingly.
This is classic mid-to-late cycle behavior. Violent bounces, fast recoveries, sentiment flipping overnight. If you've been sitting in cash or waiting for "the bottom," this is the kind of move that forces repositioning.
We're testing resistance now. May highs matter. If we break and hold above, that's confirmation we're still in expansion mode. If we get rejected here, expect another leg of chop or a retest lower.
Cycle-wise, this feels like we're still in the window where risk-on works. Rotate into strength, don't chase tops, but don't sit out either. $BTC leading or alts catching up? Watch the dominance. If $BTC.D rolls over here, alts get the green light.
Stay flexible. Take some off if we hit resistance. Add if we break through. This isn't the time to be dogmatic — it's the time to read the tape and position accordingly.
