$DOGE Now, if ETH experiences any downward spike or pullback, for example around 3300, even just 10%, it would trigger decisive panic because too many people have chased the price up this time, pulling the rug out from under them.
But this means that the time to buy altcoins is getting closer; it is already certain that altcoins are underperforming BTC. For altcoins to hit the bottom, they still need to underperform ETH. The long-term bottom for ETH has already appeared, which is between 2500-3000. At prices below 3000, ETH can maintain its exchange rate against BTC.
In other words, the next focus should be on the altcoin to ETH exchange rate, buying on dips.
