For Bitcoin and the vast majority of altcoins, the recovery market in May (the first time MACD's DIF crossed above the 0 line after a deep pullback) is nearing its end. The current decline is still a rather brutal washout process (washing out the newly established long positions), but a new round of a significant market trend is already brewing (i.e., patiently waiting for MACD's DIF to cross the 0 line a second time)!