We do not see the aggressive reaction movements we experienced in 2019 and 2021 on the BTC.D side. In fact, we are in a declining trend that has been continuing for 3.5 years. There were two nice reactions during which we experienced 5-10X gains in altcoins.

I have reached the end of my patience for a similar recovery. Before the bounces in 2019 and 2021, BTC.D had reached around 73%; this time we are around 65%. In my opinion, we will not see above 65%-68%. In the meantime, it makes sense to chase trend reversals.