Three important factors on the Total market capitalization for
#altcoins. First of all, the trend remains to be downwards until proven otherwise.
However, trends bottom/top out and therefore waiting for the clear confirmation of a trend reversal is a good sign to add towards positions, doesn't mean that the DCA strategy isn't wise when things have gone down this much (mean reversion play).
Secondly, the gap between current price and the 21-Week MA is enormous.
This has been seen in the previous tick down in Q4 of 2025, but also in the deep corrections during 2022 and could argue that there's some more upside to come to test the 21-Week MA.
Thirdly, the bullish divergence on the MACD is a first indication of a potential bottom to form.
However, the latter one can take months and can still have another low, just like 2022.
All in all, I do think we'll see some more upside to get that mean reversion play (probably 5-10% more on Bitcoin) and then we'll test lower grounds if we can't break through the MA to see where buyers are stepping in.