Are altcoins currently at the bottom range???

It's only been a little over a month since the second half of this bull market started, and the overall launch of altcoins hasn't been long either. Many altcoins just started to rise and were quickly hit back down, repeatedly going up and down. In such a short time, at least three large spikes have already appeared, along with countless smaller spikes. Ordinary retail investors simply can't handle it; profits retract, rise, then retract again, and their psychological endurance is constantly being tested, with many suffering losses on their own.

It seems that the current big players and project teams are very clear that the era of relying on spot profits is over. Back then, you could only make a few times profit while investing capital and manpower. Now is the era of contracts. For example, a certain platform focuses on popular projects, not opening the spot for a certain coin, but opening contracts for that coin shows that $10 can open 100x leverage, and $10,000 can roll into hundreds of thousands. The temptation is immense, and so much money has accumulated.

This round of exchanges working with project teams to continuously harvest longs and shorts is where the real profits lie, and there they can also replenish the spot market, allowing the spot to rise continuously without needing to sell. Therefore, during this bull market, retail investors should definitely avoid opening contracts and leverage; you just need to hold onto what you have, and when it reaches the target, there will be no problem. In the end, when you look back, no matter how many spikes occur, the price will always be higher than before, and it will be more expensive for you to buy back in.

Although altcoins have risen somewhat, have they really risen a lot? Some people say they want to trade, they want to get off the ride, viewing it from a long-term perspective, with cheap chips everywhere. Which exit do you want? One day, just as you get off, they start to move, and when you want to get back on, the vehicle won't stop. Would you regret it?

I still hold the view that altcoins are still at the bottom of a big cycle. When there is a pullback, that's when you can get on board, not get off. If the project team wants to make big money, they must push the prices up and must elevate them! The year 2025 will be the craziest time. What I need to do now is to explore more potential altcoins for everyone in the community and layout for a raging bull market together!!!