The current market situation is that Bitcoin and Ethereum have more buying support due to spot ETFs and backing from traditional large capital, so they are unlikely to drop significantly. However, most altcoins lack support from large capital, and once they start to decline, there are no support levels, primarily relying on market sentiment.
Recently, there has been no profit effect from new listings on Binance; prices have generally fallen after going live, and the speed of declines has increased. In times of low market liquidity and negative sentiment, it is advisable not to engage with new projects on Binance.
From the current trend, if Bitcoin continues to pull back, altcoins may fall even harder. Therefore, it is essential to control positions carefully and keep some funds available to cope with a potentially larger pullback around Christmas.