The hot meme from before is starting to see a significant correction! Beware of the risks!
The big coin remains still, the previously hot punt act goat neiro etc.
Just yesterday it adjusted by 20-30%.
If nothing unexpected happens, there may be more adjustments in the coming days.
This is a normal phenomenon, as this way it may be possible for other sectors to take turns, which could give opportunities to those who were not on the ride before or those who are not on it much.
Watch to see how far it can wash out, once it’s about right, the big brother will join in, and they will bounce back more.
If you want to pursue stability, of course, just follow the leaders. These newly emerging washes need to drop by 70-80% before they become overlooked, which counts as a high payout; otherwise, rushing in when it rises won’t end well.
Personally, I have a small position in regular investment, continue to invest during the correction for a while, and when it starts to rise, gradually exit, not asking for much, doubling overall is sufficient.
BTC has broken a new high again, let's discuss the potential market scripts ahead:
First of all, since the big coin has broken new highs again, the market certainly won't end so quickly!
Our beautiful bull market is just such a timing, and the coins in hand begin to see alternating doublings.
So how long will it last roughly?
We mainly focus on the upcoming rate cut magnitude. If the next rate cut is 25 basis points, the market may last a little longer, until the first quarter of next year (January to March).
If it drops very quickly, unexpectedly by 50 basis points, then BTC may accelerate faster.
Altcoins might directly experience a significant surge, rapidly creating a bubble.
If this is the script, a short-term flash crash is highly probable.
So, it depends on whether it steadily moves forward as expected or if there’s a sudden aggressive action.
If it's the former, then there's no need to worry; as long as it's in the main track or branch track leaders, normal regular investments are still possible now.
No need to guess the timing; waiting for a major correction might often lead to a bear market instead.
If it's the latter, then we might need to withdraw when an unexpectedly large rate cut occurs.
Personal opinion.
The current market can follow the cycle:
Each cycle has its altcoin season; when you see 2-4 coins doubling in the Binance gainers list every day, don’t be surprised, this is altcoin season!
BTC leads the surge
ETH SOL SUI APT ADA XRP and other mainstream altcoins lead the way (ETH has been somewhat ineffective in this round of cycles)
The top 100 by market cap are scrambling to maintain their positions, following the rise, mid-market cap projects ranked 100 to 300 are starting to take the lead, while low market cap projects ranked over 300 are going wild, pulling up 200%-300% in a day, the market is completely crazy, fear, greed, anger, FOMO.
Next, in the madness, it may perish, preempt its demise, must let it go wild, start doubting, cursing, FUD.
Finally, the market collapses, a new round of cycles begins!
Having gone through so many cycles, the script is basically the same, all are the effects of capital outflow combined with capital costs!
Strategy to avoid FOMO: large funds embrace BTC, embrace the four major public chains in the U.S., SOL SUI APT NEAR.
Small funds participate in these public chain ecological projects and meme coins. Anti-fragile, barbell principle, attack when you can, and defend when you must!
