$BTC is pulling the entire market down with it and all alts have lost their structure with almost all retests invalidated.
This had been the scenario ever since the market started. The reason is that BTC is pegged to stablecoins like USDT and USDC. So basically many investors on the big platforms like Coinbase and Binance will have to buy buy USDT or BTC first to swap with Altcoins. This results in them being pegged to USDT which in turn is pegged to BTC so if BTC falls then it brings the entire market down with them.
The only way for now is for everyone to trade Altcoins on platforms where you have RLUSD available so you can peg it direct with the USD with no correlation to BTC. I think we will see the difference once RLUSD is implemented in Coinbase and Binance but until then you will have to depend on BTC.