Altcoins:

Yesterday, it was indicated that altcoins might enter an adjustment phase. In the overall upward trend, the expected pullback range is about 20-30%, after which a new round of upward bottom opportunities will form.

Recently, altcoins have followed the trend of Ethereum, with the daily line showing multiple highs and subsequent pullbacks, resulting in upper shadow lines. Today, the decline continues with the appearance of a solid bearish line, indicating that there is still room for a pullback in the short term.

Most altcoins may still have about a 20% adjustment range. Once they stabilize, clear bottom signals will appear, and one can refer to Ethereum's timing for stopping the decline to plan purchases.

BTC and ETH have entered an adjustment phase in the short term, and it is crucial to pay attention to whether key support levels hold effectively.

The pullback of altcoins has not yet ended, so patiently wait for stabilization signals, as there is still potential for upward movement.