Hello all thanks for your attention. Last rally this red zone was the bottom for CMT. In sats vallue it made a new ATH, that is because the $ vallue of BTC is much lower then in the beginning of his year. Looking at the correction upwards (start april) it looks like the USD vallue is leading CMT. Because it retraced almost perfectly to the 61.8 fib. level (in usd price)
Lets see if this plays out, red zone needs to hold.
If you agree let me know and leave a thumbs up, if you have any other ideas post a comment