Altcoins had a sharp rise in early November, but now they are falling like a waterfall. The altcoin season has not yet arrived, and the downward trend has begun! Don't worry, I'll tell you. You have to understand what a bull market is first. Simply put, the general trend is upward, and it is rising very fast.

This also means that the volatility is very large. Altcoins usually fluctuate by about 10%, which is normal, and 15-20% fluctuations in a bull market are not excessive. Now that altcoins have fallen below the key support level, they are beginning to enter a bottomless area. Some coins with high market value may pull back by 75%, and it is not impossible for coins with low market value to return to the starting point.

Don't think that the bull market is gone just because of a big drop, otherwise you will lose a lot. Remember, if you are long in a bull market, you will have a chance to get out of the trap even if you are trapped, but if you are short and trapped, you may have to wait for the liquidation.

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