Recently, the performance of altcoins has indeed been sluggish. The root cause is mainly the poor performance of the overall market, which has heavily impacted market sentiment.

From the K-line trend, it can be clearly seen that, whether it's popular altcoins or those from less popular sectors, most have been hovering at the bottom for a long time. Many cryptocurrencies are currently at absolute lows, with prices close to historic lows.

If we analyze solely based on independent K-lines, there are quite a few altcoins that present an ideal entry point at the moment.