TOTAL3 makes me thinks alts still have to bleed

I've layered in some more alts but then I remembered to check TOTAL3 (total market cap without BTC and ETH for those who don't know) and I saw my descending channel hasn't been filled yet.

I think before we can comfortably spend big on our bags TOTAL3 has to test that lower support and reach 253 Billions. More or less it's another -15% drop from here.

My advice is to buy small when you DCA and keep your cash ready for when we bottom because we won't stay there for more.