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I'll say this again
Altcoins are atm squeezed in volatility the most they have ever been. Meaning a move, once this range is over, will be strong.
I've marked where compressions like this have occurred. You can see what I mean. So far they've always resolved to the upside.
So if you're aiming for a breakdown here, then you're basically aiming for the entire sector going to literal zero. Same with Bitcoin. If we enter back inside the 2021 range, then 40k targets are too high.