Long Term Crypto (Bull vs Bear)

Currently everyone is bullish yet bearish and it's in this "unknown" territory. So I was trying out some ideas and this could explain the quick rally to 60k BTC and the "spikes" in altcoins. Some people say altseason is over and did not really happen. I'd say it is still on with an ugly longer correction.

As a junior learning to trade and trying to see patterns I noticed a similar pattern 2017. This season is not retail season like in 2017... it's institutions season. What do we all know about institutions? They are slow... they don't FOMO. This rally happened reaaally fast. Retail was faster than last season and there is more capital to spend. We now have far more experienced traders and non-fake projects to spend the money on. Retail however is confused about the new space (Defi, Yield Farming, Oracles, etc.) So what does retail do? spend it on memes and shilled projects and hodl as long as it can.

This huge correction needs to happen. Market manipulation? Who knows... it's the life of a trader. At least now I have a bigger picture where it can go... and it explains my bias. If it's confirmed I'll plan my future trades accordingly.

Please critique as much as you can... trying to learn. :)
Happy dyor.

Comment:

Looks like wales want this to happen much earlier. We might half the bars from 1 year to half a year. That's probably the range and would fit with other peoples prediction that bull / alt-season still happens this year. I'm definitely excited by this.

Comment:

I'm still too slow. Everything is faster and earlier than expected. Will need to research how horizontal scales / timescales could be measured. Maybe it's based on the overall markets / years / monthly structures. Makes sense but I'm clueless how these concepts are called and how one can measure them. Especially indicator-wise. Will update

Comment:

<_< hmm... I need to re-evaluate