BTC has encountered resistance at 100,000 dollars and has started to correct after a period of high consolidation! Is there still a chance for altcoins?

Will BTC's correction reach 89,000 or 84,000 dollars or even lower?

When discussing the market, there are always some big brains claiming "there's no altcoin season anymore," believing this bull market is different and that altcoins have no opportunity. In fact, such statements are heard at the beginning of every major bull market! 🤫

However, our community believes that a healthy initial decline in a major bull market provides the last opportunity for entry, and for those who haven't built their positions or have insufficient positions to average down, don't be timid; I nearly fully invested a long time ago!

This time, everyone is looking forward to Bitcoin breaking 100,000, but the dog trader just fell short of 100,000, driving many who set their take-profit at 100,000 dollars crazy. The upcoming major bull market still has about a year left, so don't rush; the overall direction hasn't changed, and there are still many opportunities.

We need to grasp and believe in market cycles. Although the growth of altcoins may not be as high as in past bull markets, this is the essence of the crypto space; the key is to stick to your own investment principles.

In a bull market, the speed of capital fluctuations increases, which also raises the risk of losses for ordinary investors. Therefore, it is crucial to remain calm, adhere to your investment strategy, and not be swayed by the market's short-term fluctuations and sector rotations.

One fundamental difference between speculation and investment in the crypto space is whether one has a short-term or long-term perspective.

Short-sighted individuals may be very smart, enjoy high-leverage contracts, frequently change positions, and chase highs and lows, but they often have poor temperament and find it hard to achieve significant results.

In fact, this is true in life as well; in recent years, with the unfavorable environment, most people who consider themselves savvy are actually doing worse, often falling victim to shortsightedness and self-righteousness.

So, maintain a balanced mindset, stick to your trading principles, and knowing what you want is very important!

We should earn cash flow when we can, make regular investments when needed! Let's wait for the arrival of altcoin bull markets, and whatever is meant to come will come! Let's enjoy freedom together, then travel, fish, and relax!

Welcome to follow me if you enjoy long-term financial management and value investing!