Currently, the performance of altcoins varies significantly and can be roughly divided into three categories:
Strong Coins
These coins perform exceptionally well, either having recovered their previous losses or experiencing minimal decline, such as:
SUI, DOGE, AAVE, ENA, OM, COW, VELO, XRP.
Moderately Retraced Coins
These coins have retraced about 40%-50% from their highs. Although they have declined, they still hold potential, such as:
ADA, JTO, AVAX, XLM, RAY, MAGIC, ENS.
Fully Retraced Coins
These coins perform poorly, having dropped directly back to the starting point of their previous rise, such as:
AEVO, WIF, STRK, SATS, ORDI.
Based on this classification logic, it is advisable to prioritize selecting those coins that exhibit strong performance.
Remember this: Choose strong coins, not weak ones. Only the strong can maintain long-term performance, so focus your funds, energy, and time on these strong projects.