Explosive moves always superceded with low , low usually means there will be explosive move either to the upside or to the downside. With money flowing into altcoins and shitcoins, with high certainty we know that money is flowing INTO crypto and not out of crypto. The weak hands most probably have been shaken out with these bear market that may last for only 3 months. And with many people are and shorting the crypto market. That itselt might be a contrarian indicator.
No reversal signs seen from the combined market cap of top 10 cryptos, most probably because Bitcoin is the largest amongst them. But if you look at even NEO and EOS, these coins already reversed and move higher.
It is only a matter of time. This might be the bottom for now (at least). We don't know what will happen in the super long term trend (yet). Long and on the crypto market at this point of time.
If you want master this kind of skills. You need to understand how big whales/smart money/sharks operates. There is no difference between crypto and stock market. It is the same idea.
Distribution takes time and the whale needs to be patient in doing distribution to the retails, it will not happen overnight, it will happen over period of time. That is why the best way to make money is by following the smart money and not being smart by doing day trading or trying to find the top where you can short. Understand and follow the smart money/whales.