Because of BTC.D’s weakness and the wide range of BTC’s movement, altcoins have seen a lot of selling pressure in the last two weeks, with several of them recording lower floors and even retesting their ALT. let’s get to Week 1 (2023) Altcoins analysis.

On week 1 (2023) Altcoins, due to the likelihood of Bitcoin’s upward movement, BTC.D may correct, implying that altcoins may see a strong climb. And, because of the severe divergences in their charts, there is a chance that a big number of high-potential altcoins, such as ALPHA, SNX, and DYDX, may see a pump.