There have been very important breaks across all market charts on the 4H timeframe.
In the next 4 hours, these breaks will either be confirmed with a daily close, or they’ll turn out to be false breakouts.
If confirmed, this will trigger a continuous price slide for altcoins. This aligns with my earlier analysis before Friday that the drop could extend until Monday or Tuesday. I only pulled back a bit because we were sitting on key support levels and showing resilience, so I didn’t want to miss the chance if that was a potential bottom.
But if it’s not a bottom and this zone breaks, then the likely bottom for most altcoins is still far away…
