Ethereum (ETH) is dominating the direction of the entire crypto assets market, particularly having a huge impact on the altcoin market. Currently, most altcoins lack solid fundamental support, and their price fluctuations largely depend on the movement of ETH. If ETH experiences a pullback or moves sideways, these altcoins are likely to retreat to their original price levels.

For investors who do not hold ETH but invest in other alts, the situation can be even more tricky. When ETH rises, alts often follow suit, but this is not due to natural capital inflows; rather, it is driven by investors' panic buying psychology (FOMO). However, this upward trend often lacks substantial fundamental support.

Therefore, for investors currently holding alts with insufficient potential, it may be necessary to reassess their investment strategy. In the current market environment, timely closing positions and adjusting the investment portfolio may be a wise choice.

Overall, it is crucial to understand the core position of ETH in the crypto assets market and its influence on the entire market. Investors should remain vigilant, pay attention to market trends, and make informed investment decisions based on their own risk tolerance.