The OTHERS index closed the weekly candle below 180B, which is a negative macro signal because it has lost the support level for a year. I believe that in the coming weeks, it is possible to fall below 130B, where we will start to see genuine long-term interest in certain altcoins. In that case, we will focus on the end of the altcoin price collapse phase and signs of macro accumulation zones forming, which will make it easier for us to establish some long-term positions. Any re-test of the 180B-200B region should be viewed as a bearish re-test of the index. Only a recovery to the 220B region will improve the macro outlook for altcoins. I will soon share my strategy for accumulating altcoins during the bear market, which helped us accumulate altcoins effectively with minimal risk and pressure during the last bear market.
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The OTHERS index closed the weekly candle below 180B, which is a negative macro signal because it has lost the support level for a year. I believe that in the coming weeks, it is possible to fall below 130B, where we will start to see genuine long-term interest in certain altcoins. In that case, we will focus on the end of the altcoin price collapse phase and signs of macro accumulation zones forming, which will make it easier for us to establish some long-term positions. Any re-test of the 180B-200B region should be viewed as a bearish re-test of the index. Only a recovery to the 220B region will improve the macro outlook for altcoins. I will soon share my strategy for accumulating altcoins during the bear market, which helped us accumulate altcoins effectively with minimal risk and pressure during the last bear market.