See charts of Total Market Cap below!! I don't believe in how most people are using individual coins when trying to determine when the market is going to reverse!! Yes, you can use them to trade during bear or bull trends but when looking for when the market is going to reverse you need to look at the total market. This is speculative market we are trading in!!
Total Market Capitalization shows H&S formation for the whole crypto market:
drive.google.com
If this formation will be in play, drop down to 300-350bln$ may happen (to fulfill that formation BTCUSD needs to dump to around 8000$)
In case of BTCUSD we have now probably bulltrap. Daily volumes are significantly lower when the price is nearing the red dotted...