$ALGO 4hr pitchfork = strong trend.

This is log scale chart. The pitchfork shows a strong respect of the 1.5 deviation. We've seen a couple of flash crashes to the 2.0 deviation on other bigger coinbase alts like LINK, so those kinds of moves are still on the table. Also if big daddy BTC decides to run? Alt's will bleed / stay sideways for a while. I'm still very bullish on these Coinbase alts.

BTC breaks out into price discovery -> retail normies fomo in -> Coinbase is the onramp -> Bitcoin is "too expensive" -> Normies buy cheaper alt coins, especially ones like ALGO that have staking rewards -> Alt season commence.