bottomingplay

I still view this as the $ETH $1380 moment (April 7, 2025), but for BTC. Back then, ETH was in the low triple digits, and few believed it could rally to a new all-time high so quickly — yet it did. The ETH/BTC bottom played a key role in accelerating that sharp ETH rebound.

Seeing BTC sub $60K feels similarly undervalued. Considering how BTC/GOLD and BTC/SILVER are stretched, we might witness a bottoming play that sets up a fast BTC reversal.

Precious metals went through parabolic, euphoric spikes followed by deep pullbacks — some consolidation is expected. That consolidation could represent a pending risk impulse finally playing out.

Additionally, DXY below 90 is likely to continue influencing markets in the coming months.

$ETH
#BTC #CryptoMarket #BottomingPlay #AltcoinAnalysis #MarketCycles