The market direction of Bitcoin is indeed difficult to predict accurately at the moment; however, the trends of other encryption currencies (commonly referred to as altcoins) exhibit relatively clear patterns. Based on historical performance, these altcoins may have about 50% more downspace.

To understand this point, we only need to focus on the price relationship between Bitcoin and other cryptocurrencies: when Bitcoin rises by 10%, other cryptocurrencies often struggle to keep up with the same magnitude of increase; conversely, when Bitcoin falls by 10%, other cryptocurrencies often experience a drop of 30% or more.

Considering that Bitcoin has been consolidating at a high range for quite a long time, a correction of around 20% is actually a normal phenomenon in market operations. Even if we assume that the market is still in an upward cycle, experience shows that a significant price pullback usually occurs before a new round of increases—this is a market rule well understood by experienced investors.

Based on these market dynamics and historical patterns, there is a considerable possibility that other cryptocurrencies will decline by 50%. This asymmetric price correlation is an important feature of the cryptocurrency market and is worth close attention from investors.