Altcoins:

With the rebound of mainstream cryptocurrencies, altcoins have generally experienced a certain degree of increase in the past 24 hours, with an average rebound of about 5%.

Currently, the overall trend of altcoins shows distinct characteristics: trading volume continues to shrink, and the fluctuation range is gradually narrowing, indicating that the market is entering a phase of convergence and observation.

The willingness of funds to participate has decreased, lacking market makers or large funds to actively lead the trend, with major funds focusing more on mainstream core assets.

On the other hand, shrinking volume and oscillation often indicate consolidation. Once mainstream cryptocurrencies end their weak adjustments and initiate a second upward attack, altcoins are expected to welcome a rally.

In terms of operations, it is recommended to pay close attention to top altcoins and leading tokens in popular sectors.

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