It's possible that this is just setting up for another leg down, however with Bitcoin being weird, it's not impossible for alts to Start another uptrend. Weird news from Tesla, Elon, JPM, and other institutions, plus with the Federal Government (US) potentially implementing massive Capital Gains taxes, it wouldn't be a surprise that people (holders/whales) make a move to make money before those taxes are implemented. Ironically, several other alts look nearly identical to this chart. ANKR being one I'm keeping a very close eye on. It was up to .17 today, and looks primed for a move higher. Keep a look out and happy trading.