There is no way out yet (March 27)

The liquidity of the market continues to deplete. From yesterday morning to this morning, btc was 1.6B and ETH was 600M. The only Alts above 100M were Mask and XRP. That means altcoin trading sentiment has reached its lowest point. All altcoins are paper tigers with this level of liquidity.

Arb completely misjudged. No one except professional studios was happy in this TGE incident. So far, only 30% of ARB has not been traded. The market has taken over 800M. This part of the money needs to be spit out before it can flow back to Alts on. But it is more likely that Arb and Alts fell together due to extremely low liquidity.

We are still not optimistic about the short term, and strong events are needed to stimulate the market, otherwise all the gains will be just chestnuts from the fire.