These days, BTC experienced a big dump in the market, and we can see that some altcoins didn't fall as hard, and even had a little rebound. It's not a relentless fall. This is because altcoins were already at a low level, and the market maker is temporarily in Market Stabilization. I don't think this kind of Market Stabilization will last long.

Purely from the perspective of the candlestick chart, altcoin's recent fall is not as significant, and it does not fall much with BTC. This is mainly because most altcoins fell earlier than BTC and moved quickly. The 1-day MACD is bottoming out, and the 2nd and 3rd days are also showing signs of bottoming. Therefore, when BTC hits a new low and stabilizes or rebounds, altcoins will rebound as well. However, this does not mean that there will be no further decline in the future. If there are no major positive developments at the macro level, the next step is to look at the weekly MACD falling below the zero axis. This will require a long time to bottom out, leading to a deep bear market. After the short-term rebounds of altcoins' 1st, 2nd, and 3rd days end, they will enter the weekly MACD bottoming out phase synchronized with BTC, and there will be several major falling waves. With each new low, there will be a rebound, then a consolidation, followed by further decline to a new low, until the major bottom of the weekly chart appears in the future. This is a typical feature of the bear market cycle in each halving period.
Every round of bear market is the touchstone of the market, and more than 90% of the projects will be eliminated. The vast majority of altcoins will generate a 99% fall on the basis of the current price, and BTCFALL is generally above 66%, that is, "de-bubble".