I'm seeing an interesting behaviour from the MAJORITY of the smart money addresses after the recent crash. • They're VERY indecisive, flip flopping on their bias with every BTC swing. I'm not talking about the average market participant here, I'm talking about the top percentile of profitable onchain traders... • I was seeing decent volume on majors ($BNB, $SOL and $ETH) in the last few days among them, but they rotate in and out quickly and don't seem to have a clear read on PA for now. • There are some specific alt preferences among the smart money tho, seems like they all agree on bidding $MNT, $ASTER and $ZORA. These were the most traded coins among them. • Another interesting pattern I'm seeing is that many of them are now focused on farming stablecoins. (Especially on Plasma). *This is what happens when a group of market participants have made solid profits during the run, and are now content to sit out until the next big move. What do we think of this? Is this the capitulation and a chance to load up on our favourite coins, or is it showing a shift in the market structure? Let me know what your thoughts are on this. 🫡🤝