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Carl Runefelt observes that altcoins are currently forming a structure similar to what was seen in Q4 2019.
He hints that this pattern may suggest an important development ahead for altcoin markets.
Runefelt previously reported a sharp decline across crypto markets, stating he was leaving the sector to focus on music projects in a recent update. He also noted that BTC had dropped 18 percent since his earlier post, emphasizing the accuracy of his prediction in a separate comment. These recent observations follow his ongoing tracking of major market shifts.