According to @rovercrc, multiple altcoins experienced a flash crash with intraday drawdowns exceeding 70% before a sharp rebound, source: @rovercrc. The move is described as manipulation, with the rebound framed as a leverage flush that often precedes further upside, source: @rovercrc. The author states they are buying the dip after the washout, indicating a bullish near-term stance toward altcoins, source: @rovercrc.