On the higher timeframes, the market forms lower highs and lows, which means that for now, we are in a downtrend. If the market creates a series of higher highs and lows soon, the trend will change and the market will be much better.
Locally, altcoins are forming bullish structures. THETA has broken the trend line and is now squeezing near the resistance level, this is a signal for a breakout and rise. If the price breaks through the resistance and tests it as support, it will be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.