#Tradersleague
When pessimism is pushed too far, perhaps it's time for us to think about the good things. BTC in particular and the market in general are going through a phase of profit-taking and liquidation, and there are still no signs of cooling down. However, quite a few altcoins have dropped to very important support levels (oversold), and if they hold in the next 8 hours, the possibility of a rebound is quite high. Furthermore, there is a lot of good information supporting this, and the possibility that this correction phase will end in the next 12 hours is feasible. However, there will be no strong increase before June 17, but only entering a sideways range. The next 12 hours are very important as they will determine the overall trend of the market when BTC tests the bottom (around 101-105). From a personal perspective, I bet on the trend of rebounding again after the next 8 hours after testing the bottom for the last time and will fluctuate within a sideways range waiting for news.