Eugene: Most altcoins have entered the final stages of decline, while mainstream coins may still have room to drop

Trader Eugene Ng Ah Sio posted on his personal channel that he has successfully navigated the repeated fluctuations over the past month and believes that most altcoins have entered "Phase 5" (Regime 5, see the chart below). It is now time to start compiling a watchlist and placing buy orders.

However, mainstream coins are still in Phase 4—DAT has not truly collapsed yet. Therefore, it is time to watch the market with a "ready to buy" mindset, rather than waiting to short on a rebound.

Eugene stated, "This year has been a struggle for most, but 2026 will be better."