As u can see from the chart, the buy volume is picking up. Confirmation : if price close above 11.50
BTC bounced once on area 1, but lack of volume and unable to break up last bear candle. If, BTC break and close under 9600, we might go under 9000. 8700 looks strong enough to hold. ALTs looks very bearish right now, better stay away and wait until BTC break out from the correction wave.