Is this the first time you've seen more altcoins explode than big coins?
In today's market, when $BTC rises, altcoins fall; BTC is sideways, and altcoins still fall; BTC slightly drops, and altcoins drop significantly!
The mainstream thought in the market right now is—"Wait for the big coin to correct, the last drop, we will enter, start the crazy bull, and then together in the atmosphere of laughter begin to earn some small change". If everyone thinks this way, who will lose money?
I personally feel that the current decline in altcoins is not just clearing contracts, but also clearing spot positions. You know, is it really just technical play for those who are manipulating the market? In reality, it is about human psychology, it’s a psychological battle. Just like when I previously brought a friend to do spot trading, does anyone remember that wave of drop before the surge at the beginning of November? He couldn't hold on and secretly sold, and then regretted it immensely! When I asked why, he said he couldn't bear to see the money flowing away...
Still the same saying, if you don't have a "long-term mindset" you probably won't make any profits. In this bull market, when "all coins rise together", everyone will see it. Hold onto your chips and bullets, wait for opportunities, and don’t get easily shaken out. Otherwise, when opportunities come, you can only watch others make profits!
Also, I’d like to share a saying with everyone—"Trading coins is a way to cultivate the mind".