After scanning a round of altcoins, most of them have reached relatively strong resistance neckline levels after more than ten days of price increases. Prices are fluctuating near these neckline levels and have not quickly decided to break upward.

Most altcoins have shown varying degrees of overbought signs on the daily indicators, and there haven't been any decent pullback trends in the past two weeks.

Bitcoin is fluctuating at high levels, and Ethereum's recovery has also been significant, with daily indicators showing overbought conditions, and prices have reached previous high points. A pullback followed by continued upward movement would be healthier.

Traders chasing highs on contracts need to be cautious, especially those with high-leverage long positions. If Bitcoin and Ethereum decide to adjust downward, altcoins will take the opportunity to drop significantly, leading to larger fluctuations.

Spot trading shouldn't be a concern; this wave of altcoin market will continue. Any downturn is an opportunity for you to buy spot assets. You can buy in batches at lower prices. At least until mid-January, altcoins will continue to rotate.