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A slight deviation is that yesterday I thought both mainstream and altcoins would decline today, but the actual situation is that altcoins are falling while mainstream liquidity has recovered, offsetting the original downward trend of altcoins.
From the perspective of altcoin momentum, it is not a reversal, because altcoins generally have several times the gains of mainstream assets. If it were truly a reversal, combined with the recent altcoin rebound, it should have broken through the previous hourly high. Instead, it is now in a weak state.
I believe the B-wave rebound should have occurred in February. Currently, I remain bearish, so I am still waiting to short.