The recent crypto market liquidation, the largest of the year, presents a potential buying opportunity for altcoins and memecoins like $USELESS, which saw double-digit percentage drops. Historically, such oversold conditions, coupled with strong performance in stocks and gold, indicate that crypto may be lagging and poised for an aggressive rebound in the coming weeks to months. The $USELESS chart shows it trading near the bottom of a descending channel with an RSI of 36.74, suggesting it is oversold.