Currently, the trend judgment for altcoins is quite poor, with most in a bearish state.

SOL is considered the leader of this bull market, with a growth rate far exceeding BTC, not to mention ETH.

Currently, the SOL/BTC exchange rate has broken down, and on-chain meme performance is very poor.

Additionally, looking at PEPE/DOGE/PNUT/ACT, these meme leaders all show a bearish state.

Therefore, it is recommended to reduce positions in altcoins and not to open too large; defensive measures should be taken.

At most, continue to hold some long-term Bitcoin spot.

Even if Bitcoin fluctuates between 90,000 and 110,000, if it pulls back to 90,000, altcoins might experience a crash of around -30%. What if it goes beyond 90,000?!

Currently, the weakest are probably the meme coins from the BTC, TON, and SOL ecosystems that are already on the exchanges, right?

So, I suggest not to FOMO.

Calm down for now, observe the situation and then decide.

🤣

I previously mentioned the characteristics of this bull market.

From March to September this year is indeed in the bull market cycle, but how have altcoins performed?

In the bull market, altcoins have not experienced a widespread increase, making it difficult to catch the rotation of sectors. Therefore, when the market experiences a major correction, altcoins will only become more difficult and miserable...

Just barely surviving, at least still alive and not quickly eliminated by the market...

So, I choose to significantly reduce my positions in altcoins...

Wishing everyone a big profit.

🙂🙂🙂