Spent the day looking at charts and tbh I still think we have 30-40% lower to go on many alts. Will probably have multiple bounces in between but I don’t see any narratives to start a new bull until that downside is done.
If we do get another 30-40% down I think buyers will step in purely due to value.
Something like eth at 2k, sol at 60 and hype at 15 makes sense to me.
Also 10/10 wick lows are an obvious target for coins that haven’t reached there yet.