for sure right now altcoins have encountered a ton of decline and as of not long ago there have been no indications of expanding once more, yet as I would like to think this isn't the finish of altcoin development, on the grounds that the ongoing downfall isn't similar to the decrease in crypto in 2018, where crypto has an extremely profound decay around then, after its we can see altcoins fill quickly in the next year, I prescribe for fledglings to begin effective financial planning with altcoins now since they are entirely reasonable,
Altcoins are really depending on the value of BTC, and if the price of Altcoin goes uptrend then some whales are pumping it. And, altcoins are really worth it to hold if it will go up in the future and that is why we need to only invest what we think an altcoin can last long and you think that is worth for a long term asset.
and this made Altcoins super risky comparing to bitcoin investments , though this can bring us higher return in short time yet? we are afraid of taking this chance specially shitcoins and meme coins.
and now there are NFT , Metaverse and other form that trying to lure us investing.
The price of Altcoins will increase only when the price of Bitcoin will increase. If the price of Bitcoin is increasing now then the price of all Altcoins will increase in few days. But I have invested in several places including Altcoins and hope I will get a big amount of profit from here. And if the price of all the coins is dumping more, I will have to bear a big loss. I am very worried now, I had a big loss before. Now let's see what happens to me.
It cannot be released because bitcoin can be said to be one of the sources. When they go up, there is a possibility that altcoins will follow, but when they crash, altcoins have no hope of flying no matter what.
As for your expectations, actually it depends on what coin you are buying right now because the hope is still there, it just depends on what you have if it is a shitcoin or some meme coin then I don't have much hope for a reversal.
but there are also other altcoins that climb without Bitcoins support, and those are the coins who are supported by the whales in certain time and some calls it manipulations .