In my opinion, it is a big mistake to sell at these levels. Here are my reasons:

Most altcoins have reached significant support levels after a strong correction.
A lot of people are panic selling at these levels. Others, on the other hand, are waiting for lower prices.
Funding rates are quite negative, which confirms the downward trend.
There's a lot of liquidity on the upside."
Crypto Capo, who also shared the TOTAL2 chart, which includes the Ethereum (ETH) and the general altcoin market cap, emphasized that this chart has also reached a very important support point.