The current rise of these altcoins is likely a B-wave rebound at the monthly level!

Many people are puzzled; these coins have not even gone through an accumulation phase and suddenly experienced a V-shaped reversal and skyrocketed.

In fact, a B-wave rebound is just this way—no chance for you to enter at a low price, directly pumping to lure retail investors to chase high prices.

Looking at the trend, it seems very strong, but it might just be setting up for a C-wave dump later on. Of course, Elliott Wave Theory can be interpreted in a thousand different ways.

However, that said, regardless of whether this wave is a rebound or a genuine trend, if it's time to enter, you must do so decisively, stay alert!

Always be prepared for a sudden market reversal; the most dreaded thing in trading is being stubborn. Don’t hesitate to cut losses when it’s time!