The season of altcoins is here! Oh, the collective drop has happened!

Altcoins experienced a meteoric rise at the beginning of November, and now we're facing a waterfall decline. The anticipated altcoin season hasn't arrived yet, and we're already seeing a drop! Don't panic, let me explain. First, you need to understand what a bull market is. Simply put, the overall trend is upward, with significant gains and rapid increases. This also indicates considerable volatility; altcoins typically fluctuate around 10%, and in a bull market, 15-20% isn't excessive. Currently, altcoins are breaking through extreme support levels and entering a vacuum zone. Some coins with higher market caps may retrace by 75%, while those with lower market caps could return to pre-liberation levels—it's not impossible. Don't assume that a significant drop means the bull market is over; otherwise, you risk losing everything. Remember, in a bull market, going long even if you're stuck has a chance of recovery, but if you're short and trapped, you're just waiting for liquidation.

Now, the solutions for altcoins:

If you hold long positions: Don't cut your losses; wait for a rebound, or you'll regret it. You can appropriately establish short positions to hedge. Wait for strong reversal signals to add to your position and lower the average price of your long positions while anticipating a crypto frenzy after Trump takes office next year.

For those without long positions, or who missed out on previous gains: Wait for the maximum reversal signal; this way, you'll have bought at the golden pit of the bull market, securing the best entry point. Never buy just because of a significant drop; a bull market rewards those who are patient. $PEPE

If you want to learn more about the cryptocurrency space and get firsthand cutting-edge information, click on my profile to follow my public account and join the group. For those who can turn their investments into tenfold returns in a month, you're welcome to follow my trades. I release daily market analysis and recommend high-potential coins.