Crypto influencer Ansem wrote that a clear SFP (Swing Failure Pattern) pattern can be observed on the weekly charts of XRP, SOL, and ETH, suggesting that the market trend is more like the end of momentum rather than a new bull market. He pointed out that this situation is similar to Litecoin (LTC)'s performance in 2021, and that the price of Bitcoin (BTC) has now fallen below its 2024 high. Ansem believes that the 10-month-long broad-based phase may be nearing its end, lacking new narrative drivers. The MSTR has fallen below its 200-day moving average for the first time since its peak in November last year, turning into resistance, indicating a weak market structure. He added that unless Bitcoin reclaims $112,000, it will be difficult to change its current bearish view.