If you are a trader, now is the time to look for outperformers.
Look at the Alt/BTC pair and spot those who made a higher low during this dip.
Also, spot alts that are recovering the fastest with every slight upward move in BTC.
These are the alts you need to pay attention to.
Nothing goes down in a straight line, so there'll be bounce backs along the way.
During that, the strong alts will yield the best short-term returns.
If you pay close attention, you can find some alts that will do a 50%-100% move in a few weeks if $BTC shows some rebound.

The worst thing isn't that BTC and alts are going down.
The worst thing is that stocks are holding relatively well.
What if the US stock market drops 2%-3% in a day?
What if the US stock market drops 8%-10% in a month?
What if Powell remains hawkish similar to last FOMC meeting?
There are so many tailwinds, which makes you think that the dump might not be done yet.

Nothing in this cycle has played out as expected.
No AltSeason for 3+ years.
Worst Q4 since 2018 bear market.
"Sell in May" turned out to be wrong.
Alts peaking before BTC.
BTC divergence from liquidity in an uptrend
Looking at all this, I think this cycle will truly transform crypto into a macro asset.
No 4-year cycle gimmick, no bear market after 3 years of uptrend.
Just like the stock market and commodities, there'll be 5-10 years of uptrend with 1-2 years of a bear market.

My entire feed has been full of FUD lately.
It started with "Saylor will sell Bitcoin" FUD.
Then, the "Strategy will get delisted" FUD came.
After that, people started saying that "Quantum will soon kill crypto."
And then, "China warned against crypto for the 1000th time".
Now, the "Tether will implode and BTC will go to zero" FUD is back.
It looks like some entity/institution is hungry for a big dip and pushing out every narrative to dump the prices.

QT ends in 2 days.
Rate cuts are next.
Macro looks the strongest it has in months.
Altcoins are still sitting at a huge discount right now.
What are you guys buying?

$WLFI is still holding its short-term higher-low structure after the pullback from $0.1744
As long as price stays above the $0.155–0.158 zone momentum can rebuild for another attempt toward $0.170–0.175