These are typical bull market characteristics: over the past month or two, the major players first built positions in Bitcoin and Ethereum, and earlier on, Bitcoin and Ethereum rose particularly sharply. But they hadn't built up many positions in altcoins, so altcoins fell hard—the major players hadn't built positions in them yet. This time, the major players have fully built up their altcoin positions at the bottom. I can sense it. But now they're starting to flush out leveraged Ethereum positions, because they had built positions in it earlier. Coins that are rising like this—PEPE, for example—show that the major players had already built their positions. They won't let you buy the dip, so at this point, you can just buy while prices are cheap.

