When we see a strong drop, we can expect to a strong recovery.
The SEC bad news caused tons of fear and uncertainty, people started to doubt.
This is the perfect opportunity for the market makers to remove the weak hands and thus we end up with a lower low compared to January 2023.
The stronger, bigger Altcoins produced a higher low as #3, the weaker ones a lower low... This is immaterial, what really matters is #4, the new bullish wave.
The weak and the stronger pairs will grow.
Bitcoin and the Altcoins, the entire Cryptocurrency market will grow as whole.
Namaste.