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It has been 3 weeks
The price decline of $BTC from $76K to $64K has had a very significant impact on the extreme drop of many altcoins.
The price drop of $BTC yesterday also caused some top altcoins like $ETH, $SOL, $BNB, $XRP, $HYPE, $SUI to experience a quite significant decline.
However, if you observe, on the 4-hour timeframe, the strongest support in the near future could hold at the price of $64K
. This includes a fairly strong recovery to withstand further price declines of $BTC .
If within 2-3 months there is no bad news such as war, bad news from The FED,
I think $BTC could return to rise to the price of $70K, and might even re-enter the "Bullrun" phase.
If the above happens, many people hope that this price increase $BTC can also be followed by several top altcoins, especially the Top 50 Altcoins.
If the Top 50 Altcoins start showing a positive trend and begin to rise following $BTC(,
Of course, this could bring fresh momentum to the market,
Especially for investors who still feel "hesitant" to start entering the market.
)