Currently, I can't say for sure about Bitcoin's trend, but I personally lean towards a pullback. As for altcoins, there is clearly a second buying opportunity. Tonight is crucial; let's see if Bitcoin attracts longs—if it doesn't, it won't drop much. Many altcoins have already released a significant amount, and the bottom support is clear. With support, small positions can be arranged.
Right now, betting on Bitcoin's short position is not as favorable as betting on altcoin rebounds, which could yield greater profits. Just take a look, most altcoins are in the bottom zone. Altcoins may pull back in the short term, but as long as Bitcoin stops its decline, altcoins will have the chance to rally.
Additionally, there are quite a few Bitcoin shorts now, and with future safe-haven attributes potentially aligning with gold, those holding short positions should be cautious: if Bitcoin attracts longs tonight and then drops, it may be time for shorts to exit; if it doesn't drop tonight, one should consider pulling back and going long on altcoins.
Personally, I lean towards a quick pull of longs tonight, followed by a drop, then a real decline starting after the US stock market closes. Altcoins are still in the accumulation phase; the main upward wave is still early, but opportunities are slowly emerging. As long as there's a willingness to drop, one should boldly buy.