I consider crypto to be an important indicator of the Animal Spirits. Crypto has rallied lately, but I would hasten to point out that the broken rainbows are still the key. We’ve push BTC back up to the outer edge of the broken rainbow.
![slopechart BTC](https://slopeofhope.com/wp-content/uploads/2021/11/slopechart_BTC-1-640x343.jpg)
Ethereum, which has been exceptionally strong, is also about to see the power of The Ghey.
![slopechart ETH](https://slopeofhope.com/wp-content/uploads/2021/11/slopechart_ETH-1-1-640x327.jpg)
I believe my premise is strengthened by the fact that some of the most handsome bullish patterns in the alt-coin world have been sullied.
![slopechart ENJ](https://slopeofhope.com/wp-content/uploads/2021/11/slopechart_ENJ-1-2-640x327.jpg)