Bitcoin is up, funds are flowing out of altcoins;
Bitcoin is down, altcoins follow with a sharp decline;
Bitcoin is range-bound, altcoins are oscillating with low volume.
If you hold a large amount of altcoins, there is no need to rush to sell, because most altcoins are currently close to historical lows:
The downside potential is significant, with a possible additional drop of up to 35%;
The downside potential is relatively small, about 20%;
Frequent switching of positions is not meaningful; after a short-term rebound of 20%, the hesitation about whether to exit will only continue to consume confidence and expand losses. Currently, most cryptocurrencies have generally fallen by 50%, and sticking to one cryptocurrency is crucial to better endure the market downturn.$BTC
