We are seeing the first signs of this phenomenon

I don't think it will last during days but it looks like all the altcoin sellers (=crypto natives) are now exhausted but there are still a lot of (potential!) $BTC sellers.

My guess is we should be close to bottoming here

Crypto Narratives

Crypto Narratives

As someone who is permanently skewed towards a long BTC / short altcoins positioning, this scenario is a scary one that could happen again : In late Feb 2025, when $BTC broke down below its $92k support, it lost almost -20% in 3 days, and surprisingly, the…

We are seeing the first signs of this phenomenon

I don't think it will last during days but it looks like all the altcoin sellers (=crypto natives) are now exhausted but there are still a lot of (potential!) $BTC sellers.

My guess is we should be close to bottoming here

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hottg.com/cryptonarratives1/1943

5.29K viewsJun 22 at 19:30