In the current situation, the extent of the price correction may be nearing its end, and the key point lies in the duration of the consolidation at this price level.
Naturally, the most extreme scenario would be for the price to break through the established range and drop directly to the blue trend line, although the likelihood of this occurring is relatively low.
When discussing the price decline of altcoins, I have always believed that it remains within a reasonable range, as the price volatility of altcoins is inherently significant. After this large-scale market adjustment, many altcoins are still in the process of market correction, and market sentiment will also have an impact on their price trends.
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