At present, the price of altcoins has fallen to a level lower than that of April 14, 2024. The altcoin craze from October last year to March this year has passed, and the current market is at a level after May 19, 2021.

In other words, the market conditions expected on May 19 and March 12 have already appeared. At present, altcoins are at the bottom area, and it is necessary to go through a period of sideways consolidation before a new round of recovery in the altcoin market is possible.