The big coin is still at a high position, but I don't know why the altcoins have collectively plummeted. Including the edu that was very popular a while ago, this is a bit hurtful, and currently there are no signs of stopping the decline. The most critical part is that the big coin is still at a high position. If the big coin starts to pull back to a daily level, more than half of the altcoins could return to a deep bear market, or even fall to a historically low price.

This is definitely good news for those who are in cash. However, friends who are holding will be very painful.

I don't know what happened to edu, but its unusual drop really leaves me speechless. The current price is 0.4406, which is only a 7% difference from the previous low of 0.4117. A slight tremor could bring it down. It is only 23% away from the historical low of 0.3581.

It turns out that altcoins cannot be bottomed out; left-side trading can only use the big coin as a signal. When the big coin hits the bottom, that's when to bottom out the altcoins. Before the big coin hits the bottom, bottoming out the altcoins will only lead to lower prices.

If it can return to above 0.4705, this large bullish triangle will still hold, and according to the analysis, a big breakout will happen by the end of January. If it cannot return to 0.4705, then there really will be no bottom.