The cryptocurrency market is experiencing a significant correction, with many altcoins plummeting to new lows. However, this correction may present a buying opportunity for investors who have a long-term perspective. Key indicators such as the Relative Strength Index (RSI) are showing oversold conditions, which could lead to a bounce in the coming days.

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I agree, this correction could be a buying opportunity for long-term investors. The RSI is indeed oversold, and a bounce is possible.