It sounds like you’re discussing altcoin market behavior and its correlation with Bitcoin's price movements. If altcoins recently experienced significant capitulation, it’s reasonable to expect some stabilization or retest of lows rather than another sharp drop, assuming Bitcoin’s price movement remains relatively contained.
However, the possibility of altcoins forming a higher low during a BTC retest depends on several factors, including market sentiment, macroeconomic conditions, and specific catalysts in the crypto space.
That said, your insight about the potential resilience of altcoins seems valid, especially in a market that has already witnessed major sell-offs. Monitoring BTC's liquidity sweeps below key levels and how altcoins react will give more clarity.
Would you like to discuss this perspective further? Or explore current trends to analyze this hypothesis?