John Bollinger (inventor of the Bollinger Bands indicator), whose observations (unlike many experts) often prove quite valuable, points to the possible formation of a local bottom in $ETH and $SOL , but not yet in $BTC .
Santiment notes that, according to the MVRV indicator, $BTC , $ETH , and $XRP are experiencing significant pain among short-term holders. Such indicators have historically been a harbinger of a rebound.
