After scanning a round of altcoins, most of them have experienced a price increase over the past ten days, reaching a relatively strong resistance neckline. The prices are fluctuating around these neckline levels and have not quickly chosen to break upward. Most altcoins are showing varying degrees of overbought signals on the daily indicators, and there hasn't been a decent corrective trend in the last two weeks.
Bitcoin is fluctuating at a high level, and Ethereum has also seen a significant rebound, with the daily chart showing overbought conditions as prices approach previous high points. A pullback before continuing to rise would be healthier.
Contract traders chasing high positions need to be cautious, especially those with high-leverage long positions. If Bitcoin and Ethereum choose to decline for adjustment, altcoins may take the opportunity to drop significantly, leading to larger fluctuations.
There is no need to worry about spot trading; this round of altcoin trends will continue. A decline is just an opportunity for you to buy spot positions. You can buy in batches at lower prices, and at least until the first half of January, altcoins will continue to rotate.