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The decline was quite significant overnight, and the much-anticipated altcoin rally doesn't seem to have arrived yet. I'm a bit regretful for not taking profits at the high point in time.
**Analysis of Key Cryptocurrency Status:**
BTC still plays the role of the stabilizer. During this adjustment, the bulls are watching its moves closely. The hard-won momentum to stabilize the situation now relies heavily on Bitcoin. If BTC drops further, other coins are likely to follow suit. That's how the market works—often, the trend of a leading coin can determine the rhythm of the entire market.
ETH recently reached the 3300 level, and although it didn't hold, from a technical perspective, it's not too embarrassing. Many in the market are celebrating this rebound, but we all know—this mainly follows BTC's gains, and ETH's fundamentals have been somewhat lagging in this cycle.
SOL has also shown noteworthy performance at key levels these days. The trend of small-cap coins often follows these mainstream coins.
In the short term, the market still depends on whether Bitcoin can hold steady. As long as BTC doesn't continue to plunge, there should still be opportunities elsewhere.