Don't be blindly optimistic; strategy execution must be steady and methodical. I usually divide my bottom-fishing funds into two halves: one half for left-side trading and the other half for right-side trading. The left side involves increasing positions during dips until reaching psychological limits; the right side waits for signs of upward momentum, with higher highs and higher lows, entering during pullbacks. Never watch when the market dips, and don't impulsively chase after a few points of increase, as that will only lead to repeated losses.
The trends in BTC and altcoins are diverging; the direction of the crypto market still depends on Bitcoin. If Bitcoin doesn't make a move, it's hard to say how long altcoin rallies can last; this might be a rebound after a sharp decline or a consolidation by major players to adjust prices.
Wait for Bitcoin to bottom out. If Bitcoin hasn't dropped, has dropped, or is dropping, when Bitcoin hasn't reached its low yet, altcoins may rally to defend prices while waiting. However, last night's rally clearly showed that funds in altcoins are becoming restless. In my view, the overall market is still in a sideways trend, but it is developing positively.
