The trading sentiment cycle is divided into four stages. Currently, apart from BTC which is still in a bullish technical pattern, altcoins are basically determined to be in a bear market. Therefore, the logic of the transition from bull to bear must follow the sentiment cycle;

Bullish wait-and-see period, FOMO chasing high period, getting trapped and averaging down period, and resting and stop-loss recovery period;

Based on the sentiment cycle, currently, altcoins should be in the resting and stop-loss recovery period. If this complete cycle is followed, those altcoins may have the possibility of rebirth. This is difficult. Let us know in the comments what your thoughts are on XX coin, and I will consider buying some.