Well, Bitcoin has been going through a correction phase as of now. Currently holding the strongest support level at $8000, BTC seems to be pretty Bearish. If it breaks support of $8000, then again crypto market will be gone under a long Bearish phase.

Coin market capitalisation has gone down to $380 Billion while BTC dominance has slightly gone up to 37.2%

Alt coins are also trading Bearish. Although, some coins have shown Bullish momentum in last 24 hours as they have some upcoming news/updates/events. Otherwise majority of ALT coins are still falling.

If BTC goes Bullish from its current level, the Alt coin market will definitely see Bullish phase again.

For now, let's have a look at some Alt coins whose updates are due on 17th May and we might expect some Bullish momentum in these Alt coins:

Hydrogen (HYDRO) : During New York Blockchain week, the team behind the Hydro blockchain will be hosting a Shark Tank style event, blockchain edition. PROOF

Human Iq (HMQ) : "We held a major competition for blockchain-based projects... private screening of the full Humaniq Challenge story is coming up...." PROOF

Dime Coin (DIME) : Unknown Announcement. There's countdown on the website. PROOF

Ethereum (ETH) : "Status.im presents: "The window to Ethereum Blockchain," from from 11:30 AM to 3:00 PM (CDT) in Mexico City. PROOF

Simple Token (OST) : "$OST KIT API v1.0 will go live on Thursday 17 May 2018 — Read our latest blog post to stay up to date." PROOF

Singularity Net (AGI) : Presentation by Dr. Ben Goertzel: "AI on steroids – when AI hits the blockchain". PROOF

Bytom (BTM): CoinTiger lists BTM. PROOF

Red Pulse (RPX) : CEO Jonathan Ha will be on panel "Financial Platforms are Transforming" at Global Challenges Summit May 17-19. PROOF

Patientory (PTOY) : Blockchain in Healthcare Webinar Series "Patientory Stiftung, Patientory, Inc., and PTOY Tokenomics" from 11AM-1PM EST. PROOF

CloakCoin (CLOAK) : "Binance - @CloakCoin Trading Competition - 5,000 $CLOAK Giveaway" PROOF

Lympo (LYMP): "In the upcoming two weeks the LYM token will be added to some great new exchanges!" PROOF

Note: Cryptocurrencies are highly volatile, so please take care of your investments and always use stop loss orders to limit your loss.

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