9.23 Altcoins are about to collapse completely 1. Over the past week, many influencers have posted extremely FOMO-driven bullish content about altcoins, attracting a lot of retail investors. In reality, these are like death warrants. 2. After experiencing a 5-wave weekly uptrend, the total market cap of altcoins is showing a false breakout to new highs and is about to face weekly bearish divergence—this is a disastrous trend. 3. Under the backdrop of quantitative tightening + neutral interest rates, altcoins lacking ETF and crypto-equity buying support will collapse entirely. 4. Many people are still habitually thinking this is a bull market leverage wipeout, but this time, what's being wiped out isn't leverage—it's your account balance.