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NEW
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I examined about 200 coins this morning. Most have broken their lows, and I haven't seen any signs of reversal yet. The only bull market in the market is for #Btc. The lows are at the bottoms.
Of course, this also discourages everyone.
Except for (btc and stablecoins, I looked at the chart of altcoins. As long as the pink box is not broken on the daily chart, we cannot expect a meaningful rise in altcoins.
Only if the last wave on the daily chart breaks its descending pattern and the bottom of 865.98B is maintained, there is a chance to test the pink box again. Some altcoins may recover a bit.
The real rise will come with a breakout of the pink box.