So, this has been by stables+btc.d thesis since late 21/early 22

I think btc.d's tops will continue to diminish each cycle, as more people use stables as their flight to safety.

And I believe this too will diminish as other top 10 coins ala ETH, SOL, DOGE etc get held more through bear markets.

If I'm right, btc.d + stables dominance is topping out. Could be another few weeks/months to resolve, or it could lose "support" earlier than expected.

This means liquidity flowing en masse back into ETH, and other alts.

Can't take this straight to the bank unfortunately, but it's been what I've been mulling over. A break above the resistance line is of course, on the cards too.

Food for thought, but it goes without saying - we're much closer to the btc.d + stables top than the bottom either way.

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