The current market indeed shows signs of a second dip, but the bottom of the second dip has not fallen below the position of the first dip, which indicates that the market may still be undergoing adjustments.
At the same time, we cannot rule out the possibility that large funds or most investors are eager to break even, which may lead to a rapid sell-off during the upward process.
Personally, I lean towards the first scenario, where after confirming the bottom, the market may welcome a wave of rebound.
In this case, altcoins may enter a sector rotation phase, with popular altcoins performing relatively strongly due to changes in market sentiment.
Therefore, there may be good performances in the future, especially for projects with strong fundamentals and broad consensus.
