For altcoins in a strong downtrend, a V-shaped recovery is unlikely; instead, they are predicted to form a trading range, potentially with a false breakout (trap), followed by a continuation of the downtrend.
"When you see the chart that looks like this, you know, and it's just down only, typically what happens is you can see or form a bit of a trading range, right? So price comes up, rejects, price comes down. You might set in a trap like that where it makes everyone think it's going to break out and do this. But ultimately, what's most likely to happen is this."