The market is on the verge to reclaim the uptrend on weekly.



If the history is of any use here, this pump will be a bearish retest:

$BTC 100K-108K$
$ETH 3600-3800$

And then a brutal bear market sending $BTC to 50K or below.

This bearish thesis will be broken only if $BTC closes above 110K (atleast) on weekly TF.

There's no reason to short atm, one 4-hr candle can turn the structure upside down.

Avoid over-leverage here as there will be wicks along the way!

#TOTAL marketcap chart:
BTC-0.66%
ETH-1.07%
post-image
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