Unlike Ethereum, which still had a large volume during the second test, the trading volume of altcoins generally decreased significantly during the second test, which shows that the selling of altcoins was consumed more thoroughly in the plunge on December 9.

In addition, the holdings of altcoins with contracts generally dropped sharply during the plunge on December 9, and the leverage ratio is no longer so dangerous.

Therefore, during the rebound of Ethereum, altcoins may rebound significantly.

And because the altcoin market is greatly affected by Ethereum, when Ethereum rebounds and falls again, most altcoins are likely to follow suit.

However, since altcoins have been fully deleveraged and the decline on December 9 was very deep, the bottom of the altcoins when they fall again may not be much lower than the bottom of the decline on December 9.