Bitcoin is experiencing a correction phase, currently priced at $63.2K. This correction is considered healthy, and if it dips further to around $50K, it wouldn't be unexpected. However, there's optimism that Bitcoin will rebound to the $60K to $72K range within the next 7-10 days.
The recent decline in altcoins can be attributed to the increase in Bitcoin dominance, which has risen from 50.2% to 52.5%. Once Bitcoin stabilizes within the mentioned range, expect to see a surge in altcoins.
This presents a promising buying opportunity, particularly for AI-focused coins such as $AGIX, $RNDR, $FET, $NEAR, $TAO, $GRT, $THETA, $ROSE, $ARKM, and others.
Additionally, coins like #SLP/USDT , $#AXSUSTD , #IMX , #GalaToMoon ,$#SANDUSTD , #MANA, $PEPE, $SHIB, and $BOME, along with Ethereum-related tokens, are worth considering.
In essence, while Bitcoin undergoes its correction, it's a chance to diversify and potentially benefit from the upcoming surge in altcoins. Keep an eye on promising projects in various sectors, including AI and gaming.