I believe we are at the midpoint of the distribution cycle and the market will put on a show bank runs to induce fear and rip the market up to 480 but not before an extremely volatile summer.
Its clear there's not enough shares distributed of these megacaps and so Ms Market has to rip it upwards. Safe buying commences above 400. Massive multi year rejection to follow SPY 480
as we will likely be in a world war type scenario and poverty ravaging the streets by then. I do believe bitcoin will head up much further than 100k during this time.
The 480 figure is achieved by equal range of a multi-year trading range and we are entering the pivot but could chop before we go through pivot.