Although the market has not started to decline, but looking at the market trend, it seems that we are in a recession. The prices of altcoins are continuously decreasing and it is continuing. The top altcoins are constantly losing their prices. But we know very well that the prices of altcoins are not likely to recover in the same way that they are losing prices. Because it will definitely take a long time to recover. Especially until the Bitcoin market reaches a stable level, it will be difficult to have good expectations about the market.

If I expect a recovery, then we definitely need some more time for this. We cannot expect much in a short time. Generally, since the altcoins market is very dependent on Bitcoin, we have to keep an eye on the Bitcoin price. When the Bitcoin price becomes bullish, we will also get momentum in the altcoins market.