Predicted that altcoins will have a 10-20% drop after interest rate cuts, once again validated!
The previous article just reminded that altcoins will still experience a 10-20% drop. A few hours later, it was validated through a sharp decline.
Personal orders were almost all accurately matched, and currently, I have 80% of my holdings in long positions.
If you believe this market trend is a bull market, then the current price-performance ratio of altcoins is very high, and losses will not be significant.
If you still want to use the altcoin prices from August 5 as a reference, claiming that this is not a low point, then subconsciously, you do not consider this a bull market.
The situation with Bitcoin was discussed in the previous article.
As for altcoins, most have already reached their weekly correction positions.
If there is a further significant drop from the current level, it may lead to unpredictable black swan risks.
Regarding whether to adopt a bull market mindset to seek high price-performance ratio levels, or to be cautious and engage in right-side trading, that is subjective.
Lastly, this opinion is a personal subjective view and is for reference only!