According to Michaël van de Poppe, $SEI is currently experiencing new lows. The initial step for recovery involves reclaiming the last low as support, with the critical target being $0.19. Achieving this price point would indicate a potential bottoming process, suggesting better trading territories ahead.

According to @glassnode, the SOPR and Realized Loss Z-Scores for BTC have not reached exhaustion levels, suggesting that a market bottom is not yet confirmed. Traders should be aware of potential downside risk until these indicators align, signaling a possible bottoming process.

According to Michaël van de Poppe, a new bottoming process is taking place in the Altcoin markets when valued against Bitcoin, indicating a possible bullish divergence. This suggests potential upward momentum for Altcoins relative to Bitcoin, which traders should monitor closely for trading opportunities. The analysis highlights a critical point for traders to evaluate their positions in the Altcoin market as this divergence could signal a trend reversal. [Source: Michaël van de Poppe on Twitter]

According to CryptoMichNL, the altcoin market is currently undergoing a bottoming process. This phase may present potential buying opportunities for traders as prices stabilize and prepare for a potential upward movement.