Let's talk about the current market situation.
This weekend, many altcoins have started to rebound upwards again, and some altcoins have begun to pump in advance. Currently, the overall trend of altcoins has not yet unified, but they are gradually completing the bottom recovery. It is currently early January, and I personally believe that there will be another shakeout before the market rises, then around mid to late January, a second wave of main uptrend will begin, with some later altcoins possibly reaching early February.
As for the intensity of the shakeout before the main uptrend, it will depend on the strength of each altcoin as well as the extent of the $BTC fluctuations. Weaker altcoins may drop more severely, possibly returning to previous lows, while stronger altcoins may only experience a deeper pullback.
Currently, many altcoins are still in the bottom range. For spot trading, there has been a sufficient time for everyone to dollar-cost average and catch the bottom since December 20, so if a pullback occurs again recently, it might be the last good opportunity to enter.
The above only represents personal views. Not investment trading advice. #比特币诞生16周年 #加密市场反弹 #加密市场反弹 #SUI创新高 #AIAgent热潮