Since the significant drop on December 9, the altcoin market has quietly gone through nearly 10 days of turbulent adjustment. Currently, most altcoins are in the 'secondary testing' phase, and the trading volume has decreased compared to the past, which reflects a certain degree of reduced selling pressure in the market.

Looking back at the slight correction of Bitcoin on November 22, altcoins experienced a round of broad increases afterward. Now, Bitcoin is showing a correction again, which may become an opportunity for altcoins to rise again after completing the test.

However, we must clearly recognize that the current market environment is different from before. On one hand, the growth rate of USDT supply has slowed, which means that the liquidity in the market is not as abundant as before, and liquidity is relatively constrained, weakening the driving force of funds.

On the other hand, at that time, Ethereum quickly began a new round of increases after adjustment, while the current trend of Ethereum is relatively flat, failing to show strong upward momentum, which also affects the overall performance of the altcoin market to some extent.

Therefore, in the altcoin market, opportunities and challenges coexist. We can adopt a cautious attitude to explore potential trading opportunities, but we must not be blindly optimistic or overly aggressive; we should fully weigh the risks and returns and move forward steadily.