This is where we expected the lower high to occur. This is $82,000 Bitcoin. This is our bearish range. We're in the premium. We're into a fair value gap. This is where I'm looking for that reversal to occur. And right in that area where I'm looking, Bitcoin made a higher high, ETH made a lower high. Now, from top to bottom here, Bitcoin sold off 30%. You can't quite see it, but ETH here from top to bottom sold off 38%. Now, was that SMT divergence a clue that ETH was indeed weaker? In this instance, yes, it's sold off even more, but that's also very common for crypto. ETH usually sells off more aggressively than Bitcoin. But this is a perfect example of an SMT divergence. We're at a key area, and we have a disagreement between these two highly correlated assets.
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