The weekly $BTC chart has created a momentum divergence (RSI) for the third time.
The probability of a BTC correction is high.
Referring back to the previous two bullish waves, there will be an additional 3 weeks for BTC to move sideways at the top. And this is the final phase where BTC releases dominance to #Altcoins before a market-wide downturn.
I don't know if you all have noticed, but BTC volume has been gradually decreasing since last year = liquidity is decreasing.
Some might explain that they are trading on ETFs, so the volume on Cex is decreasing.
Okay, let's assume that's true, but since the beginning of 2025, the volume on Cex has still been decreasing. Meanwhile, ETF volume has remained flat. Overall, it is still gradually decreasing.
So, for timing to play altcoins, personally, I think I will be out by mid-August.
After that, I will wait and see.
Many people are confused about how high BTC will go when it breaks through resistance.
How will Alts perform...
So here is a perspective you can refer to. Of course, no one can be sure it will be correct :)) But at least it has been right twice this season with such signals.
This section analyzes on-chain with on-CEX, honestly, it's all a mess :))
I also don't know how to read it, the arguments and points can't be closed off.
So I choose to view it with the most basic things like volume and price momentum.
If anyone has a different view, please share :3
Okay, some people say that stablecoins are being minted a lot.
So I asked them if they know who mints those stablecoins? After minting, where do they go and what do they do? In the past, when there were signals and such behavior, what was the price like?
So that's enough to refute the idea that minting stablecoins = price increase :)))
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