Looking back at this 4h trend, it’s clear that major liquidity players are concentrating on selling off. Originally, market funds in Q4 from October to December are considered the most abundant time of the year, but almost everything got wiped out on 10/11. The good side is that debt levels aren’t high, but the bad side is that this time window has been severely impacted by this event, potentially missing out on a small altcoin season that could have existed. Now, at the same position, there are two doors. We need to patiently wait for the next one and then see which direction the breakout takes.