Quick idea - possibly we are repeating the same pattern as recently, but on a larger scale. Similar to a recent idea for HBAR / BTC pairing, which seems to be doing the same thing, but with a different pattern.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.