Just been watching the charts and BTC.D hit that 61% target everyone was talking about. Bitcoin's sitting around 80.6K right now with a modest 1% bounce, but here's what's bugging me about it - we're basically in a holding pattern. Bitcoin's been touching the top of the cloud multiple times now, and that's not a breakout signal, it's just a waiting zone. The fourth attempt, and the RSI structure hasn't improved. Still printing lower highs and lower lows.

Meanwhile ETH is getting absolutely left behind. It's up 1.23% but that's nothing compared to Bitcoin's move. Volume on Ethereum is weak, and the RSI just barely crossed back above support at 49.58 - a much lower high than before. That's bearish momentum building right there. There are open gaps too: BTC between 76K and 79K, ETH between 2,260 and 2,339, Solana between 82.85 and 84.95. These tend to fill eventually.

Here's the real concern though - BTC.D is showing bearish divergence. Higher highs on the dominance chart but lower highs on RSI. That means the odds of a pullback are rising with every push higher. Stablecoin dominance barely dropped 1.69%, which tells me money isn't really rotating into alts yet, it's just sitting still. TOTAL3ESBTC fell 2% and is heading toward support from June 2025. OTHERS/BTC has support about 5% lower near 0.1.

Outside crypto, the macro picture isn't clean either. ES and DJI are printing higher highs while RSI keeps making lower highs - toppy setup. DXY wicked lower then started building a higher low. Japan's Ministry of Finance had people on alert through Golden Week, so BOJ intervention risk is still high, which means more yen buying and likely USDJPY heading lower.

DOGE tagged the top of the cloud on the weekly - that's a logical profit-taking zone. Could it push to 0.11 or 0.13? Maybe, but the trend is working against it. WLFI got absolutely crushed again, down another 10%, with RSI at 6.35 - the most oversold this chart has ever been. RAVE confirmed a bullish divergence cluster Friday night, so there could be a short bounce there. NEAR lost support and needs to retrace back up to confirm that as resistance before heading lower. ZBCN dropped 10% after a fourth bearish divergence, RSI at its lowest since March 17.

Bottom line: May's probably going to hurt before it helps. Some of these charts are oversold enough for short pops, but oversold doesn't mean bottomed. BTC.D at 61% is where we expected to be, but what comes next is the question.