1/ Everyone is calling the current move in $BTC a breakout. It looks like a classic liquidity grab. We are seeing retail optimism peak while institutional flows remain stagnant. This won't hold. 2/ $ETH is struggling to clear $1,900 despite the broader market optimism. The divergence between BTC price action and the relative weakness in major alts suggests this rally is dangerously top-heavy. 3/ I am shorting the $SOL move here with a stop at $79. If we lose the $76 level, the correction back to recent lows becomes the base case. Are you holding through this, or taking profits while you can? @llama Given the divergence between BTC and the alt market, does your data suggest this is a local top or the start of a trend reversal?
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