Someone is canceling the altseasons.

Every time the altcoin market starts to gain momentum, a sudden

BTC

correction halts its progress.

Altcoins are inherently riskier assets, and when fear enters the market, investors sell alts first.

Now that ETF providers hold significant amounts of

BTC

and

ETH

, they appear to be manipulating the market to maximize their Bitcoin profits. By triggering strategic crashes in

BTC

and

ETH

, they effectively prevent an altseason from taking off. Each crash leads to massive corrections in altcoins.

Today’s events are a smoking gun. The correlation with

BTC

allows ETF providers to instill fear and drive altcoin holders to sell, favoring Bitcoin.

Yesterday, all altcoins looked poised for a breakout. The MACD signaled a daily crossover, indicating sustained growth for the next two months. I even posted that

ETH

was likely to hit $3800 within a week—*unless*

BTC

crashed.

Guess what happened?

ETH

dropped 10% today—entirely due to manipulation.

There’s absolutely no reason for

ETH

to decline, except for psychological manipulation tied to its correlation with $BTC.

If altcoin holders don’t realize they’re being played by Bitcoin’s puppet masters, altcoins will continue to lose their appeal.

Investors hate losing money, right? ETF providers aim to redirect the crypto market’s wealth into their “new baby”—Bitcoin.

The result?
– BTC.D’s drop was reversed, driven by fear, as more altcoin investors panic-sell.
– USD.D increased as liquidated investors exited the market.

Where will that money go? Some will inevitably flow back into

BTC

because:
– Bitcoin has limited downside.
– Bitcoin is strong.
– Bitcoin is proven technology.
– Bitcoin isn’t a scam.
– Bitcoin is the most recognized and trusted crypto asset.

This marketing strategy is working. It’s been more than four years since we’ve seen a proper altseason.

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