Casually talking about the next few weeks:
1. Spot positions may face significant pullbacks, whether to hedge in advance depends entirely on your own choices. These days may be quite tough.
2. If you can grit your teeth and endure this painful period, the next wave of rising prices will be quite favorable for certain key cryptocurrencies, and the previous pullback might be completely filled.
3. The market has not "ended"; it is estimated that in the next 4 to 8 weeks, a new round of increases will begin. A certain country has a positive attitude towards cryptocurrencies, and the macroeconomic obstacles theoretically create good conditions for the market.
4. The next market rotation direction is difficult to predict accurately. It is hard to determine which cryptocurrencies or sectors will lead. From the rotation situation, it seems that all cryptocurrencies have the potential to rise, but there is no overall rally.
5. This summer, altcoins experienced a significant pullback of 75%, mainly due to panic selling triggered by falling prices rather than prolonged fluctuations. Although the past six months felt quite severe, compared to the 1.5 years of sideways movement of altcoins from 2018-2019 and 2022-2023, this adjustment is actually relatively quick.
6. You need to learn to continuously analyze data every week and repeatedly assess the peaks and troughs of the market cycle. When the market turns, the situation will be extremely complex.
When the bull market comes to an end, even when many people still claim "the bull market has not dispersed," such situations are always hard to predict, so one must remain vigilant. Don't try to predict the distant future; instead, absorb market information and flexibly adjust strategies based on the actual situation. If you can exit with substantial profits, then that counts as a win.