The altcoin market has not collapsed yet; the pullback is exactly the same as 1107. If it continues to drop, then it will truly break down. If you consider this trend a collapse, I suggest not participating in any alts, as the volatility of altcoins is just like this.

For example, PEPE increased from 7 to 14 in three days, which is acceptable. Why then, if it retraces from 16 to 10 over a month, does it become a collapse?

If you want its gains, you must endure its volatility.

Bitcoin has not broken 100k either; any bullish trend is not surprising. It's actually quite simple: once it breaks 100k, any bullish trend automatically ends, but that hasn't happened yet.

If you want to predict an end, there are indeed indicators to support that, but there's not much to say.

Honestly, starting from 75k in this wave, I think whether to participate is acceptable because every wave from here has its own difficulties. 🤣

If you are bearish, just clear your positions and wait.