A bull market, simply put, is when the overall trend is moving upwards, and it rises particularly fast. As a result, the volatility is certainly high. Altcoins usually fluctuate around 10%, which is considered a lot; now that the bull market has arrived, fluctuations of 15%-20% are no big deal.

Currently, altcoins have already broken through support levels and are beginning to enter an area that no one is overseeing. Coins with high market capitalization may correct by about 75%, while those with low market capitalization may even return to their starting points. But don't think the bull market is over just because there's a drop; that could lead to significant losses. Remember, in a bull market, if you're long, even if you're stuck, there's still a chance to break free; but if you're short and get stuck, then just wait for liquidation.

For those holding long positions, don't rush to cut your losses; if you sell now and the price rebounds later, you will regret it. Wait until you see a strong reversal signal, then increase your position to lower the average price of your longs. This way, you can look forward to the cryptocurrency frenzy after Trump takes office next year.