Many leading altcoins have already bottomed out, and retail investors probably have little to no holdings or buying interest. Market makers can't even unload their spot holdings; they can only profit by using futures contracts. However, Altcoin futures liquidity is also poor, offering limited trading opportunities. These days, it's completely unwise to buy the dips the dip in altcoins because it's impossible to predict which project will completely abandon the market. Times have truly changed; there are fewer and fewer believers in this industry. BTC have become my only faith.