A bull market, simply put, is when the overall trend is upward, and it rises very quickly. As a result, volatility is certainly high. Normally, altcoins fluctuate about 10%, which is already a lot; now that the bull market has arrived, fluctuations of 15%-20% are not a big deal.

Currently, altcoins have broken through support levels and are starting to enter areas that no one is monitoring. High market cap coins might correct by 75%, while low market cap ones might even return to their starting point. But don't think that as soon as it drops, the bull market is over; that could lead to significant losses. Remember, in a bull market, going long means that even if you're stuck, there's still a chance to break free; but if you're short and stuck, then just wait for liquidation.

If you have long positions, don't rush to cut your losses; if you cut now, you'll regret it when it rebounds later. Wait for a strong reversal signal, then increase your position to lower the average price of your longs. That way, you can look forward to the cryptocurrency frenzy after Trump takes office next year.

If you don't have long positions, or if you haven't made money recently, don't rush either. Patiently wait for a reversal signal; when that time comes to buy, you'll be buying in the 'golden pit' of the bull market, which is an excellent position. Never rush to buy just because you see a big drop; a bull market is for those who are patient.