The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
I think accumulation phase has passed a lot of coins because of their current prices now, last month presented a good buying period for most coins but nowadays the market has left a lot of people behind and only those who think long term can risk buying some coins at their high prices today. Also most coins have good FA now and that has contributed a lot of their growth such as ADA, and as well buying at such price you will have to be a long term holder just in case the market dumps.
In my own opinion, some blockchain coins like Algorand can be a good one to look into, because it seems some projects are gradually migrating to Algorand as well as building on it, and if all goes well since one cannot predict this space, the same growth witnessed within SOL might repeat itself.