If the value of the cryptocurrency you hold has been falling, possible reasons include:

Big investors’ selling strategy: Similar to Vitalik Buterin’s operation on Ethereum, they may quietly sell while increasing the market heat, causing the price of Ethereum to continue to fall.

Big investors’ washing and absorbing funds: Big investors may force you to sell by constantly washing the market, with the purpose of suddenly raising the price when you are not paying attention, just like OG PEOPLE before.

Poor track of currency: If the track of the cryptocurrency you choose is not good enough, once the heat drops, it will be difficult to recover, and you may eventually have to sell at a loss, or even face the risk of being delisted by the exchange.

Multiple factors of market changes: There are other factors driving market changes, which need to be closely watched.

As for when altcoins will soar, usually after the blood-sucking effect of Bitcoin ($BTC ), when BTC breaks through a new high and goes sideways, the concept hype of altcoins will gradually begin, followed by sector rotation. At present, BTC has reached a higher position, and the later outbreak of altcoins seems inevitable. After the results of the US election are announced on December 16, BTC may have a new opportunity to rise again. It is not impossible for altcoins to rise 10 times next year.

As for when it is best to buy the bottom of altcoins, you can wait for $BTC and altcoins to pull back before investing heavily. At present, you can also build a position in the altcoins you are optimistic about. In spot trading, you often need to wait patiently for opportunities, accumulate strength, and move forward steadily. As the old saying goes: "In the cryptocurrency market, don't rush for success, slow is fast."