Cutting losers is one of the most difficult skills to master in trading. HODLing extremely volatile altcoins is just silly. An investment strategy which accepts 60% drops in a two months period is utter garbage. To be honest, BTC is the only coin where I swallow that to avoid the tax man, stay clear of USD Tether in-transparency, and because it is the boss. I am sitting on some altcoin bags and this will be the last time, I swear :-)

What I see in the market now is that there is no new money coming in, yet. BTC exclusively profits from altcoin slaughter. Looking at the charts of some larger ones (ADA, XEM, XLM, XRP, ETH...) there is still money left to be sucked from them (careful with ADA btw, it sits on top of empty space!).

In the past (beginning of Dec, for instance), the alts only got their chance once BTC was fat and bored. We are still far from that. New money enters through BTC mostly. Thus, besides some random pumps, I do not expect lucky times for the alts over the next weeks unless a lot of fresh money comes flooding in and BTC does not rocket. How high is the probability of that?

A quick reversal of the cycle is extremely unlikely. It has just begun.

I expect that XEM for example will give away all its gains since Dec (only 25% left!). And it will not be the only one. When some eventually will start off from the floor there is no need to FOMO, as they have a lot to pick up.