Sunday prediction of a crash in altcoins, today all altcoins have dropped over 30%, ETH plummeted 15%, brothers who successfully followed me to escape the peak, give a thumbs up to get more information, not playing those hidden games, I also do not have a paid group membership, purely sharing opinions and providing analysis $BTC $ETH $SOL

Today is December 8th, a relatively critical point in December. Historically, there tends to be a pullback around mid to late December when the phrase 'carving a boat to seek a sword' comes into play. Everyone can feel that many altcoins have hardly risen this weekend, and many have shown short-term topping signals. I suggest that everyone close out some of the weak altcoins they hold and take profits where possible.
I thought for a long time before posting this, for many reasons. Firstly, from a technical perspective, many altcoins are showing topping signals, such as the TD indicator hitting a daily line of 13 tops, like alt, auction, etc. There are also many coins in a consolidation zone, such as tia, sol, etc. Many false breakouts are being blocked, or the bullish momentum is too heavy to lift, and the doomsday meme vehicle is attracting attention again this weekend. I believe everyone knows how long it has been since meme coins have surged. Referring to past washouts, every time meme coins surge collectively, it hasn’t ended well. This is a method of shifting market attention to disguise adjustments in other coins and subsequent pullbacks.
In fact, from the current perspective, the shorts for BTC and ETH have slowly begun to flow in. A significant drop should not occur, and for mainstream altcoins, at most, there will be a short-term small pullback or consolidation. However, altcoins might face a wave of bloodbath, especially with Christmas approaching when cashing out in the U.S. might happen. These are all things to pay attention to.
The bull market will definitely not end; there will be opportunities for ETH and ETH-related altcoins to explode in the future. However, in the short term, holding onto positions and waiting is the best choice. Risk avoidance is something everyone in the market must do.
Of course, what I say may not be accurate, and the market might prove me wrong later, but I will definitely act according to what I posted. I will wait until the end of next week, that is, before the 15th, to close some of the weak altcoins, at least freeing up 30-40% of my position because my first priority is to protect my holdings and wait for opportunities.
Everyone is welcome to share their thoughts in the comments section. I will respond to each one, and please give a follow; your support is my motivation to share my operations.