Altcoins will continue to fluctuate until Bitcoin experiences a "breakout growth"
Based on analysis from experts, the altcoin market is undergoing a bearish phase, but many forecasts suggest that this is a preparation period for a strong breakout in the future. Analyst Benjamin Cowen points out that the bearish cycle of altcoins may soon come to an end, and a "grand finale" could occur in early 2025, similar to the period of 2018-2019, when altcoin prices rebounded strongly after the previous crash.
Analyst Ardizor also notes that major price increases of altcoins often occur in three-year cycles, and if this pattern continues, 2024 could mark the beginning of a new growth cycle.
Additionally, positive signals from some altcoins such as XRP indicate promising growth potential. After overcoming difficulties in the lawsuit with the SEC, XRP could experience a strong growth cycle, with price potential reaching up to 200 USD. Therefore, investors are advised to prepare for volatility in the near future, with expectations of many opportunities as the altcoin market transforms.