Will we ever go up again? Lol
Most alts need at least a 10x just to get up to most recent highs - and some low caps need a 150x to get to the March 2023 highs.
Wild!
Today’s crash is similar to the Covid crash of March 2020, where it felt like it’s over.
BTC and ETH crashed hard.
Alts dumped -70% in a single day.
Almost every long liquidated.
Everyone lost hope.
Shorts piled up.
But you know what happened?
The market went parabolic!!!
BTC $3800 to $69000
ETH $90 to $4800
Alts pumped 25x-100x
So hold spot and just be patient.
@el_crypto_prof Honestly I’ve been waiting for a true drop with quick recovery… all the other drops have had slow recovery and have given folks a chance to get in at the bottom
#Altcoins
Wow, that's a big signal for Altcoins.
This is the first time in 5.5 years that ETH/BTC has broken out of the Gaussian Channel after a weekly higher low‼️
Looks like we'll be copying 2017 rather than 2021.
Altcoin-Season vibes.👀🔥