Since June of this year until October, the market has been in a volatile state. After October, as long as the strategy of buying on dips is maintained, profits can generally be made every month. Even if the capital decreases from 100,000 to 50,000, it can quickly recover by buying on dips. Comparing with the Nasdaq's decade-long trend, it generally shows an upward trend, with no crash-like declines, only regular pullbacks.
Long-term short positions are absolutely inadvisable, unless one is willing to face liquidation or miss out on this bull market. The true peak of the current bull market has not yet been established. Many institutions in the U.S., such as BlackRock, have their entry costs continuously rising while their Bitcoin holdings keep increasing. BlackRock's Bitcoin holdings have now surpassed those of gold, with many institutions having entry points for Bitcoin around 90,000. Long-term short positions are undoubtedly a dead end, and no amount of capital can bear the losses.
This morning, an additional 2 billion USD was issued, making it difficult for coin prices to decline, and the market capitalization of altcoins has slightly increased, suggesting that the altcoin season may have already arrived. With ETH breaking through 4000 points, the altcoin market is about to open a fierce competition reminiscent of the Spring and Autumn and Warring States periods!
