The price of altcoins depends to much on the price of Bitcoin. When bitcoin falls all altcoins falls too.
But a lot of depends how useful is the coin and about it demand in future.
Thanks blockchain it is possible to invest money in nature protection like this
https://twitter.com/ClimeToken/status/1498942071658405888Now many people thing that cryptocurrency market started to restore.
Many people use bitcoin for investment purposes. That is why the demand in Bitcoin growth.
Many other altcoins follow the bitcoin price. That is why cryptocurrency market rise after Bitcoin.
Cryptocurrency market continue to be volatile and it is very unpredictable.
People are waiting for the growth of cryptocurrency market but it is necessary to wait.