Sentiment Shift or Just a Dead Cat Bounce?

Lark breaks down whether the crypto market is staging a real recovery or just teasing traders with a fakeout. He digs into BTC’s technicals, macro triggers, and how market psychology might be setting up a classic contrarian play.

Bitcoin Bouncing But Not in the Clear Yet

Key Highlights:
  • BTC rebounded from $81K to $84K, testing resistance at the 20-day and 200-day EMAs

  • Key breakout zone is $90K which would confirm momentum

  • A higher low may be forming, with $76K potentially marking the bottom

  • MACD and RSI are showing early signs of strength, but no confirmed trend shift yet

"Buy the News" Setup Building?

Key Highlights:
  • Tariff fear could be peaking, setting up a "sell the rumor, buy the news" moment

  • The market may have already priced in the worst-case scenario

  • Lark points to rising bear euphoria as a signal that sentiment may be bottoming

  • April could bring sideways accumulation before a stronger breakout in May or June

Macro and Stocks Show Mixed Signals

Key Highlights:
  • Despite tech dragging down indexes, 7 out of 11 S&P sectors are up year to date

  • Broader market is healthier than headlines suggest

  • Futures remain choppy, but green candles are returning

Altcoin Landscape

Key Highlights:
  • Lark rotated out of Solana, favoring lower-cap altcoins for better upside

  • Most altcoins still sit below their 20-day EMAs, showing structural weakness

  • Names like Phantom, SUI, and Aptos are technically interesting but still need confirmation

The Ethereum Rant

Key Highlights:
  • Lark questions Ethereum’s long-term dominance, calling it the "Nokia of crypto"

  • Says newer chains like Solana and SUI are gaining more mindshare and momentum

  • Layer 2s are viewed as parasitic, providing little value back to Ethereum mainnet

  • ETH still holds DeFi volume, but it's losing narrative power to faster-moving ecosystems

Final Take:
Lark says April could mark the start of a stealth accumulation phase. With fear running high, bearish sentiment peaking, and key support levels holding, a reversal may be brewing. If Bitcoin reclaims $90K, momentum could return quickly and set the stage for a strong move into May and June.