Many people are still bullish on altcoins, to be honest, after the major crashes like the recent one, it will take at least 4-6 months for market makers to accumulate again as well as shake out the weak hands before pushing prices up. It's similar to a train that must slow down, come to a complete stop, and then gradually accelerate; it can't just stop and then take off immediately. And I believe that right now market makers will not push $ETH up immediately because pushing $ETH means they would have to push other altcoins up as well to take profits alongside ETH. But now that altcoins are probing for a bottom (panic selling), the answer is that it's not the right time yet.
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