I believe we could see alts drop to 70% of their current value, due to a lack of maturity among the majority of traders.
Only using AGI as it's a great example. At the time of writing there was a sell order of 220K at 542sats.
These type of orders will undoubtedly force the price the down, as these orders scare the market and no one in sound mind would buy from...
Purple line indicates- Stop loss
Green- More or less buy area
Red- Max gain if no breakout occurs.
Lots of accumulation points on smaller time candles.
Only an idea though, with crypto it can go the opposite direction.