The altcoins have experienced a 312 these two days, but this event was a crisis and decline caused by a liquidity run caused by external events.
This is not the bottom formed by a normal decline. For the subsequent market, you can refer to the trend of the currency circle after 312 and the Russian-Ukrainian crisis.
In other words, if there is no worse war situation later, there is a possibility of V-reversal, or V-reversal after a certain amplitude and then oscillation.
Yesterday's low point was the low point after panic selling and clearing leverage. Without more external stimulation, it is basically impossible to go back. Even if there is a retracement after a sharp rebound, it is unlikely to touch this low point.
After the altcoins are washed like this, if there is no profit at the high point, there is no need to sell now, just hold it.
Here is a little more belief in altcoins. Even if the altcoins have been slaughtered in the past two days, the market value of all currencies except Bitcoin and Ethereum has not hit a new low. Therefore, I think there is no need to sell altcoins. As long as there is no leverage and it is not empty, you can recover the blood after a while. $BTC $ETH
