The current market situation has become quite tense again. Bitcoin has not yet broken through 100,000, and altcoins are starting to experience a washout.

In this round, the vast majority of altcoins are more suitable for swing trading.

Only a few are suitable for long-term holding to achieve decent profits, especially those worthless VC coins, which have particularly weak upward momentum.

If the price has risen significantly and is at a high level, remember to sell in batches and wait for the washout price to drop before buying again; this way, the risk-reward ratio will be higher.

Currently, the era of Meme coins has arrived.

Pay close attention to leading Meme coins listed on major exchanges like Binance. Once a pullback occurs, it will be an excellent opportunity.

Even if they have already risen several times, the prices still have strong support, especially with Binance backing them up.

Therefore, when a pullback happens, it is worth considering getting in, as long as there is a good narrative coupled with an active community, the price performance will definitely be good!