#TOTALES 📊
Total Market Cap excluding stablecoins.
Comparing with the last bear phase ending in 2022, you see that once we reclaim the EMA's 21, 25, and 34 on a weekly basis, it typically takes a lot of weeks to consolidate. ⏳
Does history repeat, or is this time different? 🤔
For me personally, I don't expect months of consolidation around the EMA's.
WHY? Well, because in 2023 we broke out after a bear market, this year we break out after a mid-cycle correction (something we have talked about for a long time). 🔄
I think the last phase of the cycle that began in 2023 is about to start now. With this, ETH and some alts will be the leaders. 🚀
The only question for me is: will BTC do a new ATH, or will it be something shallow while ETH and some alts do crazy returns? 📈
$BTC $ETH #Crypto #Altcoins
Total Market Cap excluding stablecoins.
Comparing with the last bear phase ending in 2022, you see that once we reclaim the EMA's 21, 25, and 34 on a weekly basis, it typically takes a lot of weeks to consolidate. ⏳
Does history repeat, or is this time different? 🤔
For me personally, I don't expect months of consolidation around the EMA's.
WHY? Well, because in 2023 we broke out after a bear market, this year we break out after a mid-cycle correction (something we have talked about for a long time). 🔄
I think the last phase of the cycle that began in 2023 is about to start now. With this, ETH and some alts will be the leaders. 🚀
The only question for me is: will BTC do a new ATH, or will it be something shallow while ETH and some alts do crazy returns? 📈
$BTC $ETH #Crypto #Altcoins
