At this moment it is very unclear which move BTC will make. However, there is a clear trend line that has been tested a few times already. Also a lot of liquidity has been created both on the bottom and the top that whichever side BTC chooses this will be a strong move with a lot of liquidations.
For now it's best to stay on the sidelines and let alts continue to retrace. The bottoms of many coins have not yet been reached.