#BTCOutlook
So, time to dig into the altcoin dip?
The next few days will be critical in determining whether the altcoin market is truly experiencing an influx of fresh capital.
Recent activity reveals big players scooping up major names – a classic indicator of a bottom forming – but a strong rebound may still be premature.
Why? For one, Bitcoin is still in the early stages of recovery. As outlined earlier, the distinction between “consolidation” and “correction” remains razor-thin, leaving the market on edge.
Even more telling is the ETH/BTC correlation chart below, which hints at further downside unless the RSI reaches historical lows. This uncertainty might keep altcoin investors cautious, at least for now.