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
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BTC rebounded from $81K to $84K, testing resistance at the 20-day and 200-day EMAs
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Key breakout zone is $90K which would confirm momentum
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A higher low may be forming, with $76K potentially marking the bottom
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MACD and RSI are showing early signs of strength, but no confirmed trend shift yet
"Buy the News" Setup Building?
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Tariff fear could be peaking, setting up a "sell the rumor, buy the news" moment
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The market may have already priced in the worst-case scenario
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Lark points to rising bear euphoria as a signal that sentiment may be bottoming
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April could bring sideways accumulation before a stronger breakout in May or June
Macro and Stocks Show Mixed Signals
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Despite tech dragging down indexes, 7 out of 11 S&P sectors are up year to date
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Broader market is healthier than headlines suggest
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Futures remain choppy, but green candles are returning
Altcoin Landscape
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Lark rotated out of Solana, favoring lower-cap altcoins for better upside
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Most altcoins still sit below their 20-day EMAs, showing structural weakness
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Names like Phantom, SUI, and Aptos are technically interesting but still need confirmation
The Ethereum Rant
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Lark questions Ethereum’s long-term dominance, calling it the "Nokia of crypto"
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Says newer chains like Solana and SUI are gaining more mindshare and momentum
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Layer 2s are viewed as parasitic, providing little value back to Ethereum mainnet
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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.