Bitcoin Resilience Holds, Altcoin Rally Expected After Market Sentiment Shift

I believe Bitcoin remains quite resilient and is holding strong. As long as it stays above the $111,800 level, I see no issues. The dominance trend line is still rising and is currently oscillating around support levels, but the trading volume during these movements is very low, making the market susceptible to rapid reactions from minor shocks. We shouldn't forget about Binance and its impact; while dominance isn't falling sharply, bots tend to keep the trend oscillating until a significant break occurs. Currently, the market is ridden with extreme pessimism, depression, and uncertainty. Once this phase passes, I expect a shift where investors who sell on small upward moves will regret their decisions and buy back at higher prices, experiencing 50-80% losses. This intense psychological manipulation has deeply ingrained fear in investors. I'm confident that altcoins will eventually rally. The main issue has been the excessive patience test and the frustrating sideway movements of 10% up and down, which might tempt short-term traders to take profits and exit. While this short-term gain strategy can be profitable, it risks missing out on the bigger moves when the market finally erupts, causing traders to forgo significant profits.