Tonight there will be a lot of important and interesting news for the MM guys to legitimize the price movement for BTC and Altcoin; there could very well be strong pumps or dumps, so you all need to prepare mentally in advance. I’ll be blunt, I don't care about technical analysis (after several seasons of downtrends and uptrends, I've seen that technical analysis doesn't really help, just play and you'll understand); what I care about is how the market news is and how MM is planning to play. Currently, I've noticed that since everyone is DCAing, entering positions when Altcoin has strong corrections, there is a trend of people getting anxious and gradually exiting because they're afraid BTC will drop (since BTC is continuously breaking peaks while Altcoin is falling hard, there's a very clear reason for them to be scared: if BTC tests the 90K - 95K range, Altcoin will be destroyed). Therefore, I guess MM will give another hard slap and then Altcoin will temporarily recover to see how the market reacts. I firmly believe that in the next 03 days, the market will turn green again to a relatively significant extent.
Currently, the Altcoin strength index is 57 (25 is Bitcoin season, above 75 is Altcoin season); BTC Dom is somewhere around 56 (not great but not too bad yet). The current scenario is 50/50. You all should listen to Kols less, the market predictions right now aren’t accurate, they’re all just guessing, and guessing can be right or wrong. As for chart analysis, I’ll repeat, just forget about it. I don’t understand why many still believe in chart analysis. The market always goes hand in hand with news to legitimize price movements - remember that.