Altcoins are currently in a state of being drained by the major market. The fluctuations in the market feel reminiscent of earlier times. Personally, I think the altcoin season is hard to say this week. Many altcoins and mainstream currencies have broken new highs after this wave of market movements, while some have just reached the positions before the market collapse, and even worse, some at high positions are still stuck... When I say FIL, it doesn't mean the altcoin season has come ≠ your coin's altcoin season has come ≠ you can make a big profit ≠ if you profit, you can escape. Plan ahead: which ones to buy, spot or futures, how to divide positions, how to take profits when it rises, when to withdraw, if others rise and yours doesn't, will you hold on or sell yours to chase others, etc., etc., and whether to keep some positions to prevent unexpected situations. Currently, as long as Bitcoin is still draining, the market can still be considered healthy. Next, we can pay attention to Ethereum's rebound, which might lead altcoins to take off. Friends who are out of the market can try to enter at the right time for a swing trade, but in this kind of market, swing trading can also easily lead to losses. A simple case: a bad mindset: selling high—then chasing—buying the peak—being stuck during the pullback.
Another noteworthy thing: Trump's crypto assets project has bought new assets; mainly including leading Defi applications and the latest four tokens: AAVE, Link, ENA, ONDO. They won't be selective with the tokens, which is actually a barometer and has certain reference significance. However, retail investors are still not suitable to follow the institutions' steps 100%, as the capital sizes are not the same. RWA is also a relatively noteworthy track. Wall Street giants like BlackRock, Grayscale, and Franklin Templeton are gradually adding asset allocation to the RWA track! Tokens such as Ondo, Tru, Pendle, OM, Polyx, RIO, and RSR are all options within the RWA track.