I believe there is a high probability that many Altcoins are forming bottoms. But, be aware that even if they form a bottom, they often need time to heal the pain of the past month's destruction. For example, SEI bounced 60% into HTF resistance. Be cautious of FOMO, as, again, even if we form a bottom, they tend to form a range after such a brutal market. Even if we’ve bottomed, a range forming first could still mean a -30% to -50% move to the range lows. Not saying we need that to happen, but it would be something that happens more often than not, healthy, but also ideal to find setups and get in. Anyway, if the chart looks like this (a big 50%+ move into HTF resistance), I would either wait for a reclaim and clear acceptance above, or a dip into the lows of the potential bottom range, for a much better risk-reward. Buy red, buy support, not green into resistance.

// $CRV One of the more interesting charts right now. > Clean HTF bottom > Stablecoin narrative heating up > Showing strong relative strength 1. Quick analysis 2. My trade ideas 👇