Felix Hartmann, the founder of venture capital firm Hartmann Capital, stated that most altcoins may continue to show a downward trend until the end of January 2025.
Hartmann said: "Some altcoins may briefly rise, but most are likely to experience a slow decline or consolidate within 2 to 6 weeks." He also added: "Chasing after altcoins at this moment might not present many opportunities as many have already doubled or tripled in value within a week and have peaked."