Sell in May and Go Away?

Not when Bitcoin just reclaimed $80,000.
Altcoins are in reversal mode.
The "sell in May and go away" line is everywhere on the timeline today. It's also the laziest take in the market right now.
That trade exists for a reason. It works when the prior 6 months were green, sentiment is overheated, and the market is running into May with everyone already long.
That's the setup it was built for.
This year is the exact opposite.
Bitcoin just came off a stretch of 6 red monthly candles, drew down hard from the highs, and spent most of Q1 trading well under its 200-day moving average.
That's a bottoming structure.
And the on-chain data is doing all the talking.
→ Whales accumulated roughly 270,000 BTC over the last 30 days
→ Exchange reserves just hit a 7-year low, last seen in late 2017 before BTC broke $20K for the first time
→ BTC just reclaimed $80K, the first real trend reversal signal in months
The people screaming "sell in May" right now are reading from a script written for a completely different market.
The setup in front of us looks a lot more like an accumulation exit than a cycle top.
Buy in May might age a lot better than the meme.