### Analysis of Altcoins 🔴
Due to negative market sentiment and Bitcoin's high dominance, even minor Bitcoin corrections are hitting the altcoin sector hard.
Given current market conditions and ongoing volatility, altcoins have collectively dropped by 20–30% over the past week, erasing their previous minor recovery.
Considering recent market developments, expecting any significant altcoin rally in the near term would be unwise. With Bitcoin's dominance so high, even a strong Bitcoin uptrend would only marginally lift altcoins. For this reason, most altcoins are likely to trend lower in the short term until market conditions shift to a more favorable environment.
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