Altcoins: It is recommended to stay in cash and observe to wait for a new round of certain opportunities.
Altcoin Market: Decreased activity, high short-term speculation risk.
Bitcoin's high-level fluctuations have triggered short-term profit-taking and a wait-and-see sentiment. The activity of Ethereum and altcoins has also declined, indicating that major funds have not yet entered the market on a large scale.
Recently, most altcoins have shown a second dip in daily charts, but the trading volume has not increased, reflecting insufficient willingness from major players to build positions. Hot sectors such as AI, staking, and RWA frequently exhibit "sharp rises followed by rapid declines," which is a typical "inducing long positions and washing out" behavior. Moreover, most cryptocurrencies are still under pressure from downtrend lines, and bulls have not broken through key resistance levels.
The characteristics of funds show a "wait-and-see" state, with short-term speculation leading to rapid switching of heat, lacking sustained market support. Currently, altcoins are not a long-term holding value target, and quick in-and-out operations are needed. However, considering the low profit-taking effect and the expanded risk exposure, it is advisable to stay in cash and observe to wait for a new round of certain opportunities.
