Let's talk about altcoins. The strength of this wave of altcoins can be referenced from the end of May to the beginning of June. We won't discuss $pengu, which is manipulated for pump. Generally speaking, the stronger ones are those that have plundered the highs from that wave. Similar to: $DOGE, $inj, $link, etc. And the weaker ones have tested the highs forming bearish order blocks. What does this form represent? It indicates that the short-term has reached its target. This is also why after I called for profit-taking last week, this week the altcoins have mainly been riding on the waves of $ETH and a few other coins. At this uncertain juncture, I do not recommend buying altcoins. Currently, altcoins are still in a corrective downtrend and have not reached the lower support buying levels. So right now, even if BTC and ETH go up, altcoins are more of a rebound shorting opportunity. Unless BTC and ETH sustain a 10% rise for 2-3 days after a pump, with funds flowing out and altcoins re-establishing themselves at the upper range of the fluctuations, then we might see the next altcoin season. If BTC and ETH at least spike up and then drop, the rebound in altcoins will look more like a shorting opportunity. I still expect BTC and ETH to undergo a downward fluctuation and adjustment, after which altcoins can follow down to the H4 and D1 level order block support to buy in, and then we can see a wave of upward movement.