BTC and ETH Falling While Altcoins Stable Is Often a ‘Sign of Strength,’ Says Analyst
Crypto analyst and macroeconomist Alex Krüger thinks the market looks ugly enough to turn bullish.
On Saturday, Krüger wrote on X, that “most crypto charts now look so broken and bearish that it’s bullish.” He argued that when price action looks this bad, the panic has usually gone far enough that a reversal may not be far behind.
The bearish charts
Krüger attached a series of charts from Binance and derivatives dashboards.
They included bitcoin and ether (ETH) spot price charts, both of which had fallen below short-term upward trendlines, creating a technically bearish picture. He also posted a solana chart that showed relative resilience compared with BTC and ETH.
Alongside those, he shared BTC-USDT and…
