Altcoins have been relatively strong compared to BTC since falling last night from 97,500 to 95,400 at 10 PM.
Many altcoins have surged with each BTC rebound (OP, FTM); many altcoins have not reached new lows.
Market makers are trying to defend the altcoin seasonal bottom line.
The key point now is whether BTC can hold the 94/92,500 level.
After the active buyers for BTC are absent, the passive buyers below have been consistently insufficient, and this situation is particularly evident after the US market opens, hence the risk here remains high.