9.23 Altcoins are about to collapse completely 1. Over the past week, many influencers have posted extremely FOMO-inducing bullish content about altcoins, attracting a lot of retail investors. This is basically a death warrant. 2. After experiencing a 5-wave weekly uptrend, the total market cap of altcoins is showing a fake breakout to new highs and is about to form a weekly bearish divergence. This is a disastrous pattern. 3. In the context of quantitative tightening + neutral interest rates, altcoins lacking ETF and crypto-equity buying support will collapse completely.