It did look good for a blast through, but at the time the situation with Ledger looked to put a break on that move. It may need to go lower now before it can go higher.
ETH is also looking very bearish. It may need some of that good spot ETF moment to counter some of the FUD going around.
I'll take my lucky x5 on TIA and cash it out TAX FREE
In the long run, BTC is unstoppable in my view.
The market often confuses matters incidental to Bitcoin with Bitcoin itself. Bitcoin doesn't give a shit about Ledger's f-up, nor any bullshit scam exchange, nor any bullshit coin that seeks some affinity with Bitcoin. In the long term, Bitcoin always prevails.
As for Eth, yes, the alt and shitcoiners are learning a lesson that last cycle's "shiny new objects", which did well coming from a very low market cap, will not perform as it did against BTC in future cycles, both because the market has sniffed out their bullshit, but also due to the larger market cap of such shitcoins. Would not surprise me at all if ETH actually underperforms BTC this cycle (far from the 5x some Eth zelots were predicting).
The dollars and cent Robin Hood alt degens, have focused their hopes on the next "shiny new object" (Solana as an example). All these alts are that absolute BS, yet they attract investors who really have no idea at all, beyond believing a BS narrative about how the latest coin will send the world.
I would keep it very simple. There is no second best Bitcoin. And there is only one Bitcoin. If investing in a alt, understand you are buying a token in an unregistered security, whose business is extremely likely to fail. (One rare exception I have found where the coin really does equate with a profit making business which is growing is Filecoin).
Further, it is very likely that once the titans of finance on Wall St have their BTC etf, they will apply huge force to ensure exchanges stop selling any kind of unregistered security. Quite possibly all will be removed from US exchanges. That really could be the plan. Remove SBF and CZ. Do the EFT with the adults in the room. And then crack down on the alts.