Bitcoin extends gains while intensifying altcoin struggle.

Analysis of CoFo Scout Readings

BTC.D lift allows Bitcoin uptrend defense as alts bleed out.

Scout signals out-of-sync. Weekly anchor longs intact but formidable daily shorts.

Medium-term longs gaining momentum, now pressuring higher timeframes.

Locals short dominated but fading over time.

Fragmentation clouds rational decisions: 1) Daily shorts fighting weekly longs 2) Growing medium-term long congestion

Speculative news context also complicates — approaching ETF decision sparking two-way volatility. Reaction could be unexpected.

With long dominance, alts likely catch bid. But medium-term short holds opens door for broader discounting waves.