Leverage wipeout on ETH and bitcoin was wild but not unexpected. It's good to flush out late lev longs.

Looking at pepe HTF structure still in tact finding demand around the 5036 area. One notable thing is each sequential correction is deeper and feels like the trend is weaking - have a feeling we either see a weak recovery indicating things may start rolling over soon or there may be a large impulse move up coming to help reset trend momentum (could happen BTC breaks ath and consolidates). On a lower timeframe it looks like momentums fighting to swing back to the upside. Generally even with today's volatility and low caps pricing in the worst case (ofc), until price dictates otherwise there still feels to be a lot of strength in this market

Much is unchanged, alot of he market still showing strength in trend. Sol has started to catch up to mirror ETH's move as well, now both are just teasing and along those resistance levels. PEPE move up and temporarily put in a new ATH. PEPE's trend strength looks like it's softening a bit, but like mentioned before 1 big impulse move up can reset that. ATM it's relaxing for a second, along with MOG. Underneath the surface we're seeing things like HPOS finally putting up a new ATH while smaller caps like SPX, smurf are showing a lot of strength as well.

Overall i remain the same, unbiased in expectation just flowing with the market. Not much has changed, I would still rather sell late giving back some gains than sell early in this environment.

forgot to mention- bitcoin still tapping ATH's rn while Total 3 outperforming overall

Sol was fun, it's looking like it may be ETH's turn again. PEPE daily still really strong, 4H looks like momentum about to shift back to the upside.

Don’t forget the bigger picture by getting distracted with day-to-day LTF movements

Bitcoin’s monthly candle still hovering near/at ATH’s. If it manages to close out the month in above prev ATH’s (body of the candle vs wick), it’s highly probable we don’t see a breakdown to below again. In its history, once Bitcoin has a monthly close above ATH’s it never gone back down below and usually starts the mark of the first innings of the heart real bull market (3rd/4th inning). Ofc there’s a first for everything so staying open minded to the possibility we break down again (but feel like it’s v unlikely barring a black swan event)

Outlined why before but where we are in this cycle just feels so much like 2017 - fast and violent

nice structure forming resting right above the weekly candle of last cycle ath. I've been on the same side with wen on macro being generally favorable for btc. I think worst cast for the downside would be a test of the monthly (idk if that happens at all and have no opinion whether or not it does, but that's what i'm expecting being a "worst case scenerio" to the downside)

bitcoin also has never had a monthly close above the prev cycle monthly ath and then preceded to go below those highs. This cycle has also felt so much like 2017 to me as well vs. feeling like last cycle, esp pa wise and the way the markets moving. I still think theres a cohort of people that think we have to dip huge (30-40%+) bc of the halving, but thats not consistant across cycles. Also 1) there's a group of people onboarded onto crypto that cycle so thats predominantly their bias; 2) The world is not shutting down anytime soon this year like last cycle; 3) Recency bias is playing a role in the "big dip pre-having" view.

zoomed out to zoomed in - squiggles arent exact, but think it's the two likely outcomes for pa depending on what btc does here. rn btc's kinda resting right on that weekly close, what it does form here prob determines which of the two general outcomes more likely to happen.

This is just what im lookin at rn to guage april may look like atm