Bitcoin is currently oversold, with an oversold percentage of 20.7%. While this figure may not seem significant historically, it's extremely high for the current market. This is already the sixth cycle of this correction. If things had followed a normal trajectory without so many negative signals, it would have already rebounded and broken through the highs. But everything seems to have happened at this crucial juncture, with a series of events occurring, ultimately resulting in losses for the cryptocurrency market. Bitcoin's RSI is currently in oversold territory. This is the time to buy in batches on the left side of the chart, buying more as the price falls. Adjust your position size according to your personal funds; don't buy all at once. Use a dollar-cost averaging approach with small, incremental investments. If Bitcoin is in oversold territory, other altcoins are likely in the same situation. See Figure 2; it shows that many altcoins have reached oversold territory, while others are around the key support/resistance level. This illustrates a key point: these altcoins are waiting for Bitcoin to stabilize and rebound. Given that altcoins aren't following Bitcoin's decline, they've clearly reached their bottom. Historically, a 24% drop in Bitcoin has led to most altcoins dropping over 50%, but this time, those that have fallen over 50% have generally rallied before returning to their original levels, without continuously making new lows. The pullback depth is more than sufficient. Furthermore, they're currently at an oversold bottom. As long as Bitcoin consolidates sideways, it will essentially provide a rebound opportunity for altcoins. Before Bitcoin establishes a complete upward trend, these altcoins will likely take off. As we can see from the second chart, there are many coins lingering in the oversold zone and in the weak/neutral zones. They're all waiting for a signal, a signal that will allow them to take off. The root cause is Bitcoin; it has already fallen enough. After a fall, there's a rise. Now, patiently waiting for Bitcoin to stop falling and stabilize will allow altcoins to take off. Enter Bitcoin on the left side, buy more as it falls, you won't be trapped at 60,000. For altcoins, I don't recommend trading too many contracts; wait for the right side of the trend to emerge before entering the market.