Think we’re at a very interesting stage of the market. Bitcoin at that level where the 4 year cycle is technically near its end based on duration. Alts just saw their biggest flushes in probably ever. A lot of market participants already felt dissatisfied with this cycle’s performance. This only added on top of that. The macro view is still looking fine as we speak. BTC trades relatively low compared to Gold and stocks are still trading near their highs, Friday’s flush aside. With many market participants hoping for another move that brings them what they wanted in this cycle, long leverage flushed out completely, and the cycle timeframe narrowing (according to many), you do have an interesting recipe in case the market were to get back to its local highs. I think if you’d ever get some blow off top in some shape or form then you now have the ingredients to do so. Keep in mind, for this you’d want this current FUD to blow over, stocks & gold to keep rallying, and for outside capital to start running these crypto charts back up. Whether that’s realistic or not right now is too early to say. If I knew all those things, I’d be competing with Elon Musk for world’s richest man. The main point I wanted to make is that often the most stupid rallies rise from big crazy market events and the market participants feeling the need to make it all happen in this one move. Time will tell. Could be way too early to call. Think most of this would really become relevant if prices were to get back close to the all time highs again. Pretty tough road between here and there. Just sharing my thoughts.(Daan Crypto Trades)