Altcoins: Market Status Analysis

Significant Adjustments: Influenced by the overall market pullback, altcoins have generally seen declines of over 10%, with the Meme sector adjusting especially sharply.

Three consecutive daily declines, a weekend spike followed by a retreat, short-term buying confidence is lacking, and there has yet to be a clear signal of a bottom.

Divergence in Capital Flow: Market funds continue to be siphoned off to mainstream coins (such as BTC and ETH), with high Beta altcoin sector liquidity being significantly drained.

Altcoins continue to weaken, and there is unlikely to be independent momentum in the short term; further pullback risks should be monitored.

Cautious Observers: Do not blindly catch falling knives, patiently wait for daily level stabilization signals (such as two consecutive long lower shadows).

Maintain caution towards Meme coins; if the rebound is <5% and lacks volume, continue to observe.

Future Opportunities: When the mainstream coins' growth slows and trading volume decreases, some altcoin sectors may exhibit unusual movements.

Preferred Targets: Medium market cap altcoins that have had recent on-chain hot spots (such as new protocols, airdrops, or ecosystem upgrades).

Current market sentiment is weak, altcoins are highly volatile, strict position control is necessary to avoid FOMO chasing and panic selling.

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