While I personally think the altcoin market has hit their local bottom a few days ago (as earlier mentioned).

It is still in the process of establishing its new support and footing.

It usually can take a certain amount of time to truly confirm support before the next larger leg-up.

(that's often the reason why you see double bottoms in the market or multiple taps at support)

The holidays might also influence market movements a bit as volume is mostly lower than other days.

Let the market gather a bit of fuel for a while to run it back up in January 🤝