The cycle continues in reverse when people have profits from btc they start rotating back into alts that have sometimes higher upside probabilities but usually greater risk. The chart above is perfect to show how that rotation happens. My guess is we're close to finding a bottom, just not there yet. If you are trying to catch the falling knife, anywhere you're buying in here is probably fine a year from now (especially heading into 2024)...election year, btc halving..