Everyone should have heard of the "flash crash" phenomenon that often occurs in a bull market.
Bull market adjustments are mostly horizontal consolidations, using time to digest previous gains and accumulate momentum for future increases.
"Flash crashes" are often a result of profit-taking, and their intensity is related to the previous gains and the amount of profit-taking involved; the more it has risen and the more profit there is, the greater the intensity of the flash crash.
When a trend has just started, if the price rises sharply and continuously, the intensity of the flash crash during profit-taking will be severe; if the price fluctuates hesitantly during the initial stage, suddenly spiking to attract retail investors to chase the rise, a flash crash may follow.
Currently, BTC is basically using time to exchange for space to gradually push up prices. Those who have not positioned themselves at ideal buying prices may become impatient and exit during the volatile upward trend.
Therefore, it is recommended that large funds hold BTC, ETH, SOL, and BNB steadily, while small funds can take this opportunity to explore altcoins. As long as there is sufficient liquidity, hundreds of thousands to millions in altcoins can provide room for operation.