In simple terms, the recent situation with altcoins is that money is becoming increasingly tight, and the inflated components are being squeezed out continuously. When the overall market declines, funds quickly withdraw. At this point, the most vulnerable are the small underlying coins—those with many trapped investors and few willing to take over. Coins that lack significant products or ecological support mostly can only continue to decline.

At this stage, don’t think about making big money. The core goal is to preserve your principal. Never let market sentiment hijack your judgment. Seeing a significant drop in certain assets and trying to buy the dip is often the easiest way to suffer losses. When a rebound opportunity appears, it’s better to take advantage of the trend to clear out those assets that have fallen sharply but show little strength in rebounding, and shift your funds into assets with stronger resilience.

Keep a close eye on Bitcoin’s movements; the 85,000 level is the current lifeline. As long as this level holds, altcoins can still breathe a little, and there might be room for a rebound. But once this line is broken, it’s highly likely to trigger the final wave of panic selling.

The current situation is actually quite simple: those at the top are still waiting for a chance to exit, while those at the bottom are waiting for the moment of stampede. The smartest approach is to hold steady, do less tinkering, watch more, and act less. Time will provide the answer.