berachain airdrop. Photo by BeInCrypto Monad’s early December run has lost its momentum. The token surged more than 51% between December 1 and 3 but failed twice at the same level, forming a clean double top that usually signals exhaustion. At the same time, the Monad price indicators that normally support a continuation have flipped, showing that large buyers, smart-money traders, and derivatives participants are stepping away. With support thinning and liquidity leaving the order books, Monad (MON) is ...

Market Sentiment - Bitcoin bear markets have never started when the majority of retail investors ("plebes") are predicting a double top and a bear market [1] - The document emphasizes the absence of historical correlation between widespread bearish sentiment and the actual start of Bitcoin bear markets [1]

Market Performance & Key Levels - S&P 500 is approximately 4% above its pre-tariff sell-off high from February [1] - Dow Jones Industrial Average and MAG 7 have returned to their previous highs but haven't exceeded them [2][4] - S&P 400 Midcap is lagging, sitting about 5% below its previous high [3] - S&P 500 equal weight has recouped its losses and is at former highs, identical to the Dow and MAG 7 [4] Midcap & Equal Weight Performance - Since its launch on June 19, 1991, the S&P Midcap has significantly outperformed the S&P 500 [5] - The S&P 500 equal weight has also outperformed the S&P 500 [5] Critical Juncture & Potential Outcomes - The current week is crucial for indices to either break out to new highs or potentially form a double top [2][6] - A failure to break out could indicate a normal dip, drawdown, sell-off, decline, or drop [6] - A breakout requires clearing the former high by approximately 35% to 4%, and sustaining above that level [8] Confirmation of Breakout - A confirmed breakout needs to clear the former high by a certain amount, typically 35% to 4% [8] - Sustaining above the former high is crucial to avoid a double top or bull trap scenario [8]