Recently, we may enter a phase of sideways consolidation, or perhaps experience another sharp drop. Rapid decline ✅ sideways consolidation ✅
You can try to set buy orders at certain levels; sharp declines often break support, and buying in at some ice prices feels quite comfortable. A quick spike can lead to a rebound.
I basically have no spot holdings.
Besides some $SOL for on-chain trading,
I also have some $TIA holding mammoths.
I don't have much left on-chain.
Each round of consolidation is for the next move to a higher place. If it can't go up, it has to come down slowly; being stuck at the top while absorbing altcoin liquidity is uncomfortable for everyone.
When the main market rises, Ethereum follows, and altcoins do as well – this is a normal pattern.
When the main market rises, Ethereum lags, and altcoins perform poorly – this is a blood-sucking mode. Due to insufficient market liquidity, I usually choose to stay in cash and observe market trends, only operating when a certain opportunity arises.
Additionally, in a bull market, don't short the market; declines may be gradual, while rises can happen in an instant.
