Bitcoin has made a recovery impact on most of the market surface but I think altcoins will recover but that doesn't mean it will go up, altcoin bullish trend is not clear yet, free market is create a new trend structure after more FUD happens and the risk on centralized trading is getting bigger and bigger, I think the coins that fit the decentralized trend will get short-term bullish wick by its characteristic oriented to the right needs. I think short-term altcoins are all imo from the news, if you want to watch AAVE, OKB, RPL… I set medium term target at 2024 -2025 so I will reduce short term amounts slightly.
I think we need to see what bitcoin goes to first before we could make any calculations based on altcoins. I know that many people will want to see something great with most of the altcoins they are holding, and have high hopes. However, in the crypto world you see bitcoin rising first, and when bitcoin rises, it takes the others with it, so you need to wait for that bitcoin rise before anything else.
I know that it would take some time before we could see it go somewhere decent, but that doesn't mean that it will be years, so we just need to wait this period out and when the bull run comes, from bitcoin to smallest token, it will start to rise as well.