There is no guarantee that there will be a market reversal for altcoins.
Time and again alts blew my expectations into the weeds. I kept thinking 'how can this utter junk keep going?' and then it doubled again. The only things in terms of this market we can depend on are greed and stupidity in the face of it. That means at some point an alt explosion is inevitable.
My thoughts the same but I really don't know when this inevitable thing will happen, as I doubt it will come soon, even in years term. I see people clinging to the worst shitcoins out there, I saw coins getting hit by a 51% and people are still trading and the coin is still in the top 20, and do you know that bitconnect network is still running and there are 143 nodes?
A lot of coins need to be purged but it seems just like I the real world where companies that never made a profit, are bad in everything they do keep on running for years till they collapse in the crypto world it might take decades.
A clean-up is needed but with bitcoin recovering from 4k to 12k and dragging them back up, the inevitable was delayed yet again.
Oh, and:
Quote
BTC Dominance: 69.7%
Probably +/- 0.01% 