Overall View for Total Market Cap Excluded BTC

Still following a trendline (yellow line) after being overbought past few weeks ago. let see if the trendline can hold the 2/1 line in the future..
Still in bearish area.

Still have more room to go down in my opinion,

please take this idea as a grain of salt and feel free to share your idea..

peace..

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After seeing 4 hour chart.. This is clearly to me still going down and test the yellow trend line or horizontal fibonacci 0.382 line .. because so many segregated bearish divergence appearing.. no wonder many altcoin goes down so bad in btc value..

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Indicator : cmf + macd + rsi