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The key now will be whether BTC drops back below $100k, signaling a deviation. Altcoins haven’t followed this time, which could be an early sign of weakness. Funding rates are extremely high and need a reset, which can only be achieved with a strong pullback. At the moment, I’m expecting an initial pullback to $89k–$91k, with altcoins dropping 10%–30%. If those levels hold, we could see a bounce from there, and some altcoins reaching new swing highs (there could be some short-term opportunities, I'll keep track of them), while BTC forms its first lower high. After that, the correction should extend much lower.
So, once again, keep calm and do NOT FOMO here. 0 reply
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