Currently, the situation is that BTC has completed the first wave of decline and entered a rebound cycle; altcoin market capitalization has been compressed to the extreme but is showing resilience. This is very much like a "digging a pit" move. All conditions are quietly being prepared, only waiting for an opportunity, or perhaps it simply can't fall any further, leading to a natural rebound.

Therefore, for the upcoming period, I think there's no need to be too pessimistic. A rebound is not a reversal; the major trend may still take time, but a Spring Festival market rally is worth looking forward to.

In terms of trading, don't go all-in at once—that's gambling. But if you still have positions or are waiting on the sidelines, gradually picking some of your favored altcoins that have fallen to value levels and slowly building positions is not a bad idea. After such a deep fall, the downward space is limited, but the upward potential might be greater than many people think.