The current market rhythm is obvious:

• The big cake rises, sucking blood from the altcoins;

• The big cake falls, bringing down the altcoins;

• The big cake is sideways, and the altcoins fluctuate without volume.

The big cake has lost its direction in the short term, and now we can only look at the second cake.

Suggestions:

Friends who have a lot of altcoins in their hands should not rush to sell their meat, most of the altcoins are near the historical bottom:

• The big room for decline is only 35% more than the historical low;

• The small room for decline is only about 20%.

If you can't bear to change your position, you have to consider whether to run after a short-term rebound of 20%. Such repeated operations are not meaningful. At present, most currencies have fallen by 50% in this round. Only by holding a currency can you retain confidence and avoid continuous losses.

Strategy:

Spot wait, retreat to advance.