Recent dips in altcoin prices could be a result of a ‘leverage washout,’ where traders using high leverage were forced to sell their holdings, contributing to temporary market volatility. This move can be seen as a cleansing process that clears out speculative positions and allows for healthier price action in the future. Analysts are now cautiously optimistic about the potential for longer-lasting cycles. If this theory holds true, altcoins may experience more gradual price growth before significant gains, possibly taking much longer to reach peak levels than previous cycles. This extended period could leave investors with a second chance to get involved and position themselves before substantial market rises.