#牛市不夠牛 $BTC

For most altcoins, I personally think that they will not replicate the glory of the last bull market, and it is difficult to see a violent rise of dozens, hundreds, or thousands of times. The fundamental reason is that the epidemic has hit the real economy hard. In the post-epidemic era, all walks of life are struggling, and the cash flow in the hands of investors is shrinking. It is difficult for current project parties to compare with the strength before 2020. And the rise in the market needs to be supported by the continuous entry of funds. It is difficult for the rise to be sustained by institutions alone. Under the comprehensive contradictions of lack of money and wanting to make money quickly, deflation and inflation, most of the altcoins in this bull market, including ETH and the leaders of various sectors, will not be as satisfactory as the last bull market.

To be honest, if the altcoins return to the high point in March this year, I will reduce my position by 80%. If the price rises by about 1.5-2 times from the current price, I will basically clear all my positions.

Some spot mid-term reduction point planning:

near: target 7.5-9.0, reduce position by 80%;
fet: target 2.50-3.00, reduce position by 80%
sol: target 178-196, reduce position by 30% (long-term profit based on the currency standard, do not pursue the highest point, sell in batches above 178).
gala: target 0.0330-0.0425, reduce position by 30%;
mana: target 0.45, reduce position by 30%.