Analysis: The next step for altcoin devices depends on China's economic stimulus measures.

CoinTelegraph article points out that China's Central Bank's stimulus measures may redirect Liquidity towards Crypto Assets. The rise in U.S. Treasury yields indicates a drop in risk-averse sentiment, supporting the potential recovery of the alts market.

Central banks around the world stimulate economic growth by lowering interest rates or providing special financing conditions, thereby effectively increasing the money supply. This dynamic benefits risk assets such as stocks and crypto assets. Traders are now closely watching whether the People's Bank of China will provide liquidity support, ultimately pushing alts to surpass previous historical highs.