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This wave of altcoins is most likely bottomed out.
Sentiment has reached a point where no one is willing to look at pan, and further drops from this position have little marginal significance.
This week, both Bitcoin and Ethereum did not break below the large horizontal pan zone, indicating that the structure is still intact.
Ethereum is also on the rise,
The sideways consolidation has lasted long enough,
The market can't stay stagnant forever.
I lean towards a wave of fan rebounds,
The probability of breaking new lows is decreasing.
The target for the fan rebound in this phase is around 82,000.
Starting now, focus on the few with strong momentum.
When the cycle shifts, capital always moves to the stronger assets.
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