The altcoin market is currently a "selective bull market," centered on the Ethereum ecosystem and L2. AI and infrastructure are suitable for medium-term holding, while meme and emerging projects are short-term breakout points. After the weekend washout, most altcoins have established a new bottom, with Bitcoin leading the surge, and altcoins have potential for rebound.
Key sectors:
Ethereum L2: ARB and OP have recovered from corrections, and SNX is showing stable performance.
AI sector: Market value has tripled in two years; WLD and TAO are worth paying attention to.
Infrastructure: Institutions are optimistic about XRP, AVAX, LINK, ALGO, DOT, and others.
MEME: High volatility, BONK has quite a bit of popularity.
Note: Altcoins are suitable for trading, not long-term value investment. When opportunities arise, take action, and be decisive with take-profit and stop-loss measures.