If we really enter a retracement phase, then it will return to the bottom of the month in the range of 52k-62k.
Then alts must also go down to that level. The speed will depend on the coin.
So when it hits the range of 52-62, alts and memes will lose 40% from this price, mostly like that.
Not all of them, because there must be some coins to make a play for the home traders to ride.