Altcoins:

Recently, the Federal Reserve's monetary policy has signaled a dovish stance, leading to increased market expectations for an interest rate cut in September and a slight recovery in short-term risk appetite.

However, the total market capitalization of altcoins still accounts for less than 20% of the cryptocurrency market, with overall liquidity remaining weak, making the market highly susceptible to fluctuations in sentiment.

Uncertainty: The 90-day tariff suspension policy between the U.S. and China is set to expire on July 9, and if it is not extended, it may trigger heightened risk aversion in the market.

The instability of international situations may exacerbate market volatility, causing funds to flow into safe-haven assets.

Impact of mainstream coin trends: If mainstream coins like BTC and ETH experience a volume-driven pullback after a rise, the altcoin market may face greater selling pressure.

Maintain cautious observation: Currently, the market risk coefficient is high, altcoin liquidity is insufficient, and short-term fluctuations are severe. It is advisable to reduce high-risk operations.

Wait for market warming signals: If subsequent market sentiment stabilizes and liquidity improves, then consider re-entering altcoins.