Are we to see the same thing that happened in May (and also Dec/Jan in this idea )
Looking at more juicy buy in levels, but patience is key. People are overly bullish for some reason, that BTC recovers here...while World economics are teetering on collapse.
Invalidation would happen if Stocks continue to (oddly) rise against worrying US inflation figures.
Traders paradise at the moment on alts...with 20-40% swings in a week. Market still overly bullish, don't let people tell you its not, capitulation isn't even close if alts are rebounding like this.