The market has fallen like this, and the impact of the U.S. election is actually no longer significant. After all, the news in the market often precedes the changes in the market itself. The recent sharp decline is actually a response that has already been given in advance.
As of now, in this bull market, Bitcoin is fine and standing tall, while altcoins are bleeding profusely and spiraling to their demise.
Currently, BTC is increasingly aligning with the U.S. stock market. Playing with altcoins is only suitable for short-term profits before running away. If you want to hold long-term with a small principal, just choose ETH or SOL. At least these two coins won't be like other altcoins with no bottom.