In terms of the current situation, the depth of the pullback has generally approached a reasonable range, and the core issue is how long the consolidation will last at this point.

Naturally, considering the most extreme scenarios, there is a possibility that prices could break through the range I have defined and further decline to the blue trend line; however, this probability is relatively low.

Regarding the decline of altcoins, I have always maintained that it falls within a reasonable scope.

Ultimately, the volatility of altcoins is quite significant, and after such a large-scale adjustment, many cryptocurrencies are still in the process of correction, and market sentiment will also have an impact on their price movements.

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