part of the reason is because in the Green C wave we have already seen 2 impulses. Yet both of them are overlapping which should not usually happen.
Also, if this was wave 3 rather than wave C (GREEN) then we would have shot up more already and covered more ground in my opinion. Usually wave 3 is characterized as the strongest/most violent wave out of the 5. This seems to just not be the case here. IF we are to consider GREEN wave A as wave 1 and GREEN wave C as wave 3, wave 1 looks WAY more impressive as it gained equal price in far less time.... wave 1 gained $80 in 20 days while wave 3 gained $88 (so far) in 61 days. These just are not usually character traits of an impulse in my opinion.
In fact, I see a new bear market low on BTC and ETH.
I see a possible top that can lead to the new low and thats about it for now kids.
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