On February 6, analyst @alicharts posted that although the market saw a brief rebound, some Altcoin did not follow Bitcoin's significant rebound. From a chart perspective, many Altcoin will face a deeper decline (such as THETA, FIL, DOT, AVAX, etc.).
@alicharts believes the Altcoin downtrend is still in its early stages. The overall market structure suggests further downside potential, and well-prepared traders still have many opportunities to profit from this market environment.
@alicharts is skilled at analyzing the market using charts and historical trends. His view on the crypto market shifted from bullish to bearish starting last October.
