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I've read quite a few bearish arguments, but I think the logic doesn't quite hold up. Careful observation of the current market reveals that altcoins show no signs of疯狂逼空 (crazy short squeeze), which precisely indicates that the bull market is far from over.
Referring to the historical patterns of gold and silver, what does a real疯狂牛市 (crazy bull market) look like? It's when all kinds of assets sing in unison, and FOMO (Fear Of Missing Out) emotions are at an all-time high. And now? Many secondary altcoins, especially meme coins, have already fallen back to the bottom range of the 2022 bear market. What does this mean? It means the correction is sufficient, and bottom signals are clear.
More importantly, during the recent Bitcoin correction, altcoins surprisingly did not follow suit—this resilience itself is a sign of strength. From a market structure perspective, now is an excellent window to roll up your sleeves and buy the dip in meme coins and other被错杀 (wrongly killed) altcoins. As long as you hold on until the end of Q1, you'll understand what a真正的市场机会 (genuine market opportunity) really looks like.