Recently, the performance of altcoins has indeed been sluggish. The root cause lies mainly in the poor overall market conditions, which have heavily impacted market sentiment.

From the K-line trend, it can be clearly seen that both popular and less popular altcoins have mostly been hovering at the bottom for a long time. Many cryptocurrencies are currently at absolute lows, with prices close to historical lows.

If we analyze solely based on independent K-lines, there are actually quite a few altcoins that present ideal entry points at this moment.