Onchain data during the recent decrease down to 78k shows that many people have taken losses. Most of those who took profits did so at around the price of 100k$ before.
Continue to monitor to see if MM will push down further or not?
If not, there is a high chance that we are about to enter the next price increase phase of Bitcoin.
As for Altcoin, during the recent decrease, there was almost no significant drop like in previous corrections. Most Weak hands have been shaken out, leaving only Strong Hands in the Altcoin market.
