It's cold at high altitudes, Bitcoin has approached 110,000. Once it breaks below 100,000, altcoins will also be in jeopardy.

There is a high probability it will touch the last low and drop 10-20 points, repeating the extreme market conditions of December 8 and December 11.

At this stage, there is no need to take such a big risk to buy altcoins. It is essential to wait until Bitcoin has finished its correction before getting involved.