SMT divergence filters trades by upgrading conviction; absence doesn't invalidate the setup.

And that clue was in that S&T divergence between Bitcoin and ETH. ETH making a lower high, Bitcoin making a higher high. So again, this isn't a setup on its own. This is just another filter, another thing that you can add to your checklist to upgrade the conviction you might have on a setup. Now, if an S&T divergence doesn't exist, if you go look at ETH and it also made a lower low, that doesn't necessarily mean that there's no trade, just means that there's no S&T divergence. Your trade can still absolutely play out and your model might even play out on ETH as well. S&T is a nice to have, right? It's upgrading your conviction, but it doesn't make or break the model.