Talk about the recent situation regarding altcoins

Recently, looking at the trends, many second-tier altcoins have quietly changed their trajectory, no longer continuously declining, but instead starting to show signs of gradually higher lows, indicating that the market may be entering the 'final wave of consolidation'.

If the market continues to decline, such as falling back to around the starting point of May 7, or even briefly dipping below that, it could trigger a wave of collective panic. Many people will sell off at this time, which is commonly referred to as the 'emotional bottom'.

We have calculated that, in extreme cases, altcoins could still have an average decline space of 15%-20%. Ethereum currently stands at $2600; if it really falls back to $2200, that would also be roughly a 15% drop, coinciding with a technical support level.

Additionally, Bitcoin's market share may rise to 66%, which would further exacerbate the decline of altcoins. If Bitcoin drops by 7% and the total market value decreases by 10%, then altcoins may have to catch up with an average decline of around 13%.

Of course, this is just an average. Mainstream coins like Ethereum might drop by around 10%, while some less-followed small altcoins could drop by 20%-30%.

Therefore, we recommend establishing a tiered buying range:

• Ethereum: start accumulating in batches around 2400;

• High-quality second-tier coins: reserve a 15%-20% decline space;

• High-risk small coins: it's best to prepare for 20%-30% volatility.

Summary:

• Altcoins still have a maximum of 15%-20% downside potential;

• ETH's extreme support is around 2200;

• Establish buying ranges based on coin types and treat them differently;

• Reserve 30% cash, do not go fully invested;

• The emotional bottom may be approaching;

• If the market rises directly, do not chase, maintaining discipline is more important.