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ALGO is an interesting coin. Its founder is a Turing Award winner, which is like a blue-chip company in traditional stocks—the fundamentals are solid.
Compared to other altcoins that keep hitting new lows in this bull market, ALGO has held firm. Although it is currently oscillating near the bottom, its resilience is clearly stronger. What does this indicate? It shows that the market's recognition of this project is different.
My personal opinion is that since the fundamentals are solid and its anti-drop performance is stable, the bottom range is a perfect entry point. No need to chase high; just accumulate at this price level, hold long enough, and when the next bull market arrives, there will naturally be gains.