In the realm of altcoins, it is predicted that the market for altcoins in the next 1-2 months will be more about survival and self-rescue for project teams, as most altcoins have already returned to their starting points.
Currently, strong assets are in a rebound phase, clearly waiting for a clear signal from Bitcoin. At present, players at all levels of the cryptocurrency pyramid are cautiously observing, reluctant to act easily. Whether there will be a small season of strong altcoin sectors is expected to be revealed in early June.
However, the difficulty of selecting altcoins should not be underestimated. In previous bull markets, it often ended up with one dominant player, and the first choice for bottom-fishing in the secondary market remains BTC (Ethereum may also have the potential to overtake in this wave, with purchases of ENA, LDO, ENS, etc.).
In the DeFi sector, noteworthy tokens include UNI and BANANA.
New projects listed on Binance usually experience a rise followed by a drop, and those with a strong risk appetite can consider short-term trades.
In the AI sector, TAO and WLD are also worth paying attention to.
All of these can be added to the watchlist. If Bitcoin weakens, choose those altcoins that are performing strong and have risen first; during deep declines, focus on strong VC coins, avoiding chasing the weak. There may also be opportunities similar to this wave of AI16Z with several times the lows appearing.
If Bitcoin strengthens directly without retracing, look for the coins among the top 10 by trading volume that have the smallest increase as buy points for supplementary gains, and analyze based on subsequent conditions. Do not let FOMO affect you; once the market begins to move, there will be many opportunities, and timing is the key.