Looks like a bearish retest. Even tho the sentiment is at the bear market levels it's best to build positions very slowly and go aggressive once we get some structural confirmation.
Best confirmation would be close inside the log channel, or $ETH strength.
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Altcoins (log chart)
Looks like a bearish retest.
Even tho the sentiment is at the bear market levels it's best to build positions very slowly and go aggressive once we get some structural confirmation.
Best confirmation would be close inside the log channel, or $ETH strength.