MooninPapa flags a 52% BTC pullback mirroring 2022, red May and June risk, ETH cracking support, and BTC dominance targeting 60.95%.

Bitcoin closed down 1.05% in the last session. Three consecutive daily closes above resistance fan support followed. That part is confirmed. What comes next is less clean.

MooninPapa on X flagged the part that’s harder to dismiss. From the 2022 cycle top into its first major pullback, BTC dropped 52%. It then pushed back up into the top of the Ichimoku cloud. That same 52% pullback setup is printing again now  and price is once again pushing back into the cloud. The setup is almost identical, per the note.

That’s the context behind why the 81K CME gap filling first doesn’t change the broader read…