$BTC.D: this is how they are cancelling any attempt at altseaons

1月7日

Someone is canceling the altseasons.

Every time the altcoin market starts to gain momentum, a sudden BTC correction halts its progress.

Altcoins are inherently riskier assets, and when fear enters the market, investors sell alts first.

Now that ETF providers hold significant amounts of BTC and ETH, they appear to be manipulating the market to maximize their Bitcoin profits. By triggering strategic crashes in BTC and ETH, they effectively prevent an altseason from taking off. Each crash leads to massive corrections in altcoins.

Today’s events are a smoking gun. The correlation with BTC allows ETF providers to instill fear and drive altcoin holders to sell, favoring Bitcoin.

Yesterday, all altcoins looked poised for a breakout. The MACD signaled a daily crossover, indicating sustained growth for the next two months. I even posted that ETH was likely to hit $3800 within a week—*unless* BTC crashed.

Guess what happened? ETH dropped 10% today—entirely due to manipulation.

There’s absolutely no reason for ETH to decline, except for psychological manipulation tied to its correlation with $BTC.

If altcoin holders don’t realize they’re being played by Bitcoin’s puppet masters, altcoins will continue to lose their appeal.

Investors hate losing money, right? ETF providers aim to redirect the crypto market’s wealth into their “new baby”—Bitcoin.

The result?
- BTC.D’s drop was reversed, driven by fear, as more altcoin investors panic-sell.
- USD.D increased as liquidated investors exited the market.

Where will that money go? Some will inevitably flow back into BTC because:
- Bitcoin has limited downside.
- Bitcoin is strong.
- Bitcoin is proven technology.
- Bitcoin isn’t a scam.
- Bitcoin is the most recognized and trusted crypto asset.

This marketing strategy is working. It’s been more than four years since we’ve seen a proper altseason.

1月8日

交易進行

They cancelled alt season again. Same trick than in December 2024. Sad.

1月14日

取消訂單

They’re continuing their liquidity hunt, and this time it appears orchestrated by the exchanges. After liquidating longs at $91k, they’re now targeting shorts at $95k.

This strategy is unsettling for investors, particularly in the altcoin sector, where fear of a crash is prompting sell-offs—a reaction I can understand.

As a result, BTC.D has climbed back to a key resistance level. I anticipate BTC.D will be rejected here and trend lower, creating a promising opportunity to go long on altcoins.

Here’s an updated chart highlighting the critical levels to watch. As you can see, BTC.D appears to be facing rejection, suggesting a potential move downward.