Looking at how crypto assets currently look by RSI - if not now to buy on spot, then it's really unclear when. There is significant weakness or oversold conditions across all timeframes, expressed clearly. In the neutral zone or, moreover, in the strong and overbought - only a few assets even on the weekly timeframe. This is the "perfect storm".

Visualization from #Coinglass, timeframes - 4-hour, 12-hour, daily, and weekly. The vertical lines in dashed dotted line represent how the position of the asset has changed within the current candle of the specific timeframe.