Most altcoins have pulled back significantly, keep an eye on those few high-quality altcoin spot targets. The bottom-fishing opportunity has arrived; it just depends on whether you dare to pull the trigger. 1- The chips of top casinos (ETH, SOL, SUI) 2- Service providers with core positions in the DU industry chain, and the best scenario is that the coin price can be linked to cash flow 3- Meme coins (only Doge and Pepe) that have the strongest consensus in the meme track and are seen as the benchmark for the track.
We need to recall and review; historically, all market trends do not happen overnight. Major funds will not give money to retail investors for nothing; pullbacks and fluctuations are inevitable spices in the main theme of the entire rally.
Currently, we are in a violent washout after grabbing positions. After experiencing massive liquidations, market risks have been released. It is expected that after two to three weeks of fluctuations, ETH and altcoins will experience a violent rally!
The fluctuation period will be a golden opportunity to get back in; currently, bottom-fishing (do not go all in) high-quality altcoins is still the best choice.
Choose high-quality altcoins with lower pullback amplitudes: AAVE, UNI, SUI, ADA, CRV, XRP, DOGE, LINK, ONDO.
Avoid those coins with deep deficiencies. Bei Ge believes that the altcoins with smaller declines this time will be the leaders in the next round of increases.
The characteristic of altcoins is that they have high volatility; they rise quickly and sharply, and their short-term amplitude far exceeds Bitcoin, and the same goes for declines.
So during the pullback phase, holding altcoins can feel quite painful, but don't forget, during the crazy rallies, it is you altcoin holders who look down on those who hold Bitcoin! Gains and losses come from the same source.