Altcoin Section:

Yesterday, it was indicated that altcoins might enter a correction phase. Given the overall uptrend, a retracement of about 20-30% is expected, after which a new round of upward opportunities will form.

Recently, altcoins have been following the trend of Ethereum, with the daily chart showing multiple peaks followed by declines and upper shadows. Today, the decline continues, resulting in a solid bearish candle, indicating that there is still room for a correction in the short term.

Most altcoins may still have around a 20% adjustment range. Once they stabilize, clear bottom signals will emerge, and the timing of buying can be referenced from Ethereum's bottoming moment.

BTC and ETH have entered a correction phase in the short term; attention should be paid to whether the key support levels are effective.

The correction of altcoins has not yet ended. Patience is required to wait for stabilization signals, as there is still potential for further increases.