1) BTC is the king of crypto, so it lays in [0,1] range 2) Applying fibo gives us rough expectations of levels 3) So, we struggled to pass 78% retracement, moving now towards 61% next zone 4) After 61% we are going to test 50%.
Fundamentally, cryptowinter is over, so one is about to take higher risks in alts. Although, BTC is struggling with technical problems, and does not propose solutions, like staking etc