I'm still in a bullish mood:
Ethereum relative to Bitcoin is making a flag
Dominance is growing in a bearish pennant
Ethereum's dominance relative to the dominance of altcoins made its second peak
Ethereum is still in the structure of a huge correction
Currently, Ethereum is outpacing Bitcoin in institutional purchases
Overall, I think, yes, Bitcoin is living out its life, but I don't think it will drop like a stone; maybe there will be some sideways movement with short squeezes above 120k, even 130k, and that’s it
Moreover, new addresses on Ethereum are increasing at record-fast rates, and gas fees are at a minimum
There was no euphoria, there was no retail, and a large part of retail will enter if altcoins are rising, i.e., institutions and whales will be unloading large amounts specifically to altcoin retail, while Bitcoin has already been unloaded
#MarketPullback #altcoins #altsesaon
