Over the past week, I’ve barely touched altcoins, as there wasn’t much point in taking a position. Almost all of them have followed Bitcoin’s volatile price movements, with profit-taking on both the upside and the downside, without any clear direction. We’re likely to see a few more days of market volatility, particularly in altcoins. To get back on track, however, we need Bitcoin to finally make its move: it needs to break out of this range and choose a clear direction. Until then, activity will be low, and don’t expect any major movements in altcoins. It’s better to wait than to risk your capital in a volatile market.