This is how I see it. Two months ago when FTX crash happened, it created a hole in daily S/R levels, as we can see on VRVP on the right, which was easily used to rise the price again, but no significant increase in volume between big moves. The brightness of the candles on my chart is showing volume per candle. Last three days, we got new highs without volume. Judging by the BTC dominance, those highs were created by bleeding from the alts. So... We had the last local bottom on Jan 1st, and it was at the -45 RSI level. Since yesterday we have printed local top at 100 RSI level and reversal of the trend on my indicator. And a hole in VRVP remains. All that tells me a big correction is needed to get another big leg up. If not, a new low.
