Why isn't that a good sign? Perhaps only if you have them. Alts are coming un-pegged from BTC. I think that's a great thing. These startups must deliver use cases soon or meet their doom.
Every negative except XRP TRST and ADA. Even ETH and ZEC looks ugly at the moment.
This is not a bull market it's rotation.
This is a broad market selloff not a bull market run.
https://www.tradingview.com/chart/BTCUSD/qtsXYgrk-BTC-7000-It-s-Lions-vs-Gazelles-not-Bulls-vs-Bears/