About the High Position Altcoins in a Bull Market -- Pursuit, Hedging, and Replenishment

Conditions: After a bull market has started for a while, when the main cryptocurrency (BTC) shows significant divergence and stagnation at high levels, and the altcoins have accumulated a certain increase, we need to observe the main cryptocurrency for altcoin movements.

1. Pursuit: When BTC is consolidating sideways, or pulling up from a low to a resistance level, and the altcoins are showing profit effects, even if they are at high levels, there is still room for growth. A bull market is about raising the lows and continually setting new highs for the highs;

2. Hedging: When BTC approaches a resistance level for testing, we need to be cautious of a significant drop if BTC fails to break through. We must promptly cut losses on altcoins, even those that haven’t risen should be cut, otherwise, when BTC drops, the altcoins will suffer a significant decline, potentially around 30%;

3. Segmentation: The market can be approached in segments. Cut losses near the BTC resistance level, and partially allocate altcoin positions back to BTC or remain in cash waiting. A bull market is a spiral ascent and cannot be achieved overnight; even if some altcoins miss out on independent market movements, there are still other altcoins to choose from;

4. Replenishing Altcoin Positions

(1) When BTC fails to break through and stabilizes near the support level, gaining support, we can once again add to altcoin positions, betting on a rebound after a significant drop; the more it falls, the more it rebounds;

(2) When BTC breaks through the resistance level, we can further increase altcoin positions, as the potential gains for altcoins after breaking through the resistance level are even greater.