Altcoins:
Although the current altcoin market continues to decline, the overall downward momentum is noticeably weaker than in the first half of the year. This does not mean that the downside potential is limited, but rather that the selling pressure in the altcoin market itself is lighter—unlike mainstream coins, which have seen significant increases, deep corrections, and heavy selling.
Unless mainstream coins experience a collapse-like drop that drives altcoins down again, the probability of further significant declines in altcoins is low.
Altcoins may be accumulating momentum for a breakout. Catalysts may include: the Federal Reserve's interest rate cuts bringing a recovery in liquidity, boosting market sentiment; or profit-taking from mainstream coins shifting towards altcoins, triggering a rotation in the sector.
The current strategy should primarily be one of observation, patiently waiting for mainstream coins to finish their adjustments and show clear bottoming signals—this will be the next important opportunity to position in altcoins.
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