So after an hour of staring at the wall, it seems that I have cut some of my bags at the local lows, especially solana.
I've learned that it's always bet to cut if it looks horrible rather than hold, frankly panic selling is pretty good tbh, regardless of what happens.
Now how we go forward from here, it's pretty simple
The market is fucking cooked (no matter what happens in the next ~2-3 weeks), most tourists are already dead, people are liquidated, and everyone is turbofucked (regardless of how much they claim to have sold the top or wtv nonsense, and those that do you can literally put them on a few hands).
Last 90D there was so much wealth destruction and wealth extraction in this space that you don't just bounce back in 2-3 weeks.
If SPX pulls a convincing bottom here and does a throwback, i'd be looking at 5860 maybe 5900 in late March early April as a throwback. If that happens, there might be some movement on BTC500 and then majors get carried with it.
Regardless tho, this cycle has pretty much ended (as pretty much expected tbh), alts have already went down 90% so it's pretty much over, people got liquidated or baghold -95% spot assets that nobody would touch with a 10 foot pole. Some might do a 2x/3x from the lows but not much since people dont like bagholders dumping on them and fresh charts always better.
Some cult memes might survive and might get some traction if BTC decides to stop fucking dying (retardio/fartcoin)
tldr - tourists are dead, extracted or baghold randomcrap -90%, btc500 gonna track spx500, there is no more fresh money coming in the "altcoin market", and meme degeneracy they have no more money & are dead. (this has been true for quite some time so it's nothing new, but this doesn't mean they magically got money and are aping in again)
Lower your expectation, take your 5% on majors and learn2trade or just track spx, buy btc, and wait until the market starts going wild. Risk curve always goes from "safeish" to "memecoin degeneracy" so if the spx isn't putting in a bottom, ur memecoin ain't gonna go to 1bn