In the current market situation, is this considered a second test? However, the bottom of the second test has not fallen below the bottom of the first test.

But it is also possible that most people/big funds in the market want to quickly break even and run away? So they sell off immediately after a surge?

I lean more towards the first reason.

I am more inclined to believe that the later altcoins will enter a sector rotation, and popular altcoins will perform well.