Have you noticed that those altcoins that surged the most during the previous crash have barely moved in the overall market rebound in the past few days? Coins like dmc, myx, and tut are essentially propelled by short squeezes. Now, while other coins are rising by three to four percent a day, the attention of the short sellers is naturally diverted away, and no one is watching them anymore, so the 'fuel' for further rallies is gone. How could they possibly continue to rise?

Moreover, during such times, it is highly likely that the market makers will not only refuse to support the rally but may also take advantage of the 'bulls bottom-fishing' sentiment in the market to initiate a sell-off to lure in more buyers, harvesting and harvesting again.