Uncle Meow knows that many people are completely disappointed with altcoins.

However, the market volatility of altcoins has now dropped back into the accumulation range of the deep bear market of 2022, and this data can also help confirm that we are in the second half of the deep bear phase.

The difference is that although this round of the bull market has ended, the altcoins from the past two years have not shown any impressive performance (only doge and some memes have performed reasonably well).

Including ETH, as the king of altcoins, ETH briefly returned to the accumulation range of 2022 back in April last year, but later ETH rebounded strongly, yielding more than three times the return.

Now, the drop data of altcoins is the same as ETH's drop data in April.

Assuming a new four-year cycle begins, Uncle Meow believes that altcoins should follow the small-cap stocks in the U.S. market for another round of market action (based on liquidity overflow).

We still need to have some confidence; perhaps this time period is the optimal time to pick altcoins.