In lower time frames we see a clear after a bull rally that didn't make much sense from a technical point of view to go straight to the moon as everyone believed. . . What we do know is that we see the same robust behavior from the previous bull market with way less , indicating that it didn't take much but the bulls fail to follow through.
We also see no follow through with the general interest from google trends and the lack of participation from mom and pop investors. Bitcoin tripled it's price in just 6 months and still didn't raise the eyebrows of the normies.
Like i said before, the price action, sentiment, structure, and adoption are all clues that we have been consolidating for 2 years and more to come. Stay tuned. I don't think im going to be wrong about this one, but who knows, I don't have a crystal ball and anything can happen.