According to Foresight News, Swissblock monitoring indicates that the market is currently at a bottom stage. The last time a top-bottom signal was triggered was on April 7, leading to significant market changes three days later. Bitcoin experienced a rise of approximately 30% over three weeks, while major altcoins saw increases ranging from 50% to 120%.
Currently, only 8% of altcoins are showing negative momentum. Historical data suggests that when this proportion reaches between 15% and 25%, a market bottom is typically formed. Once the signal resets to 0%, Ethereum and other altcoins are expected to lead the rebound.