I think if BTC is not going to find some support here, we will most likely have a much larger rotation lower towards 85k, which would be basically 9/11 for most of the altcoins.
The reason I was hoping for a quicker bounce is that the longer we stay inside the big volume, the more likelihood of fakeout and the bigger the chance to rotate lower.
We are about to enter very illiquid period of the year so being more cautious is probably worth it, although if you look in the past lot of larger moves happened during the time when less people were paying attention.
