Is this the Alts Bottom? History Says YES! 🚨
The sentiment around Altcoins is at an all-time low, but the data is telling a completely different story. We are currently witnessing something that has literally never happened before.
OTHERS (Altcoin Market Cap) is currently -2.5+ standard deviations from the mean. 📉
In history, we have only hit this level twice: The 2020 COVID crash and the 2022 Bear market bottom.
The Difference: Back then, it was just a "wick." Today, we have a full candle body sitting on this level.
Why a 50% further drop is unlikely:
For a market to contract (crash) significantly, it first needs to expand (pump). This cycle, Altcoins never truly expanded. We are at a point of extreme overextension to the downside.
This isn't just a dip; these are generational levels. 💎
Are you capitulating with the crowd, or are you buying when there is blood in the streets? Let’s discuss below! 👇
#CPIWatch #CZAMAonBinanceSquare #USNFPBlowout #MarketAnalysis