We have clear signs of RSI divergence on (Total3-USDT)/BTC chart.
This chart is basically an alt-season oscillator.
The maximum downside potential from here is another 27-30% The upside reversal potential is at least 75%. To not have FOMO I recommend investing 1/2 of alt-coin deposit in current range. Another 1/2 of your founds should want a potential drop untill Alt-Coin re-accumulation zone. There is a high chance that we'll have a mini bull-run on alt-coins till end of 2024.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.