Bull Market High - Altcoin Strategy - Chase, Hedge, Refill!!!

When the bull market starts for a while and there are significant divergences and stagnation at high prices,

and altcoins have accumulated a certain increase, it is necessary to watch Bitcoin for altcoins

1. Chase: When BTC is consolidating sideways, or rising from a low point to a pressure level,

and altcoins show a profit effect, even if they are at high prices, there is still room,

a bull market means that low points are raised, and high points continue to reach new highs;

2. Hedge: When BTC tests near the pressure level,

it is necessary to guard against a significant drop if BTC fails to break through,

timely cut losses on altcoins,

even those that haven’t risen should be cut, otherwise when BTC drops,

altcoins will suffer greatly, leading to a 30% drop;

3. Segmentation: The market can be approached in segments, cutting positions near Bitcoin's pressure level,

part of the altcoin positions should be returned to Bitcoin or go to cash and wait, the bull market is a spiral upward,

it cannot be achieved in one go, even if some altcoins have independent market trends that are missed,

there are still other altcoins to choose from;

4. Refill Altcoin Positions

(1) When Bitcoin fails to break through and falls to the support level stabilizing and gaining support,

again refill altcoins, betting on oversold rebounds, the more it falls, the more it rebounds;

(2) When Bitcoin breaks through the pressure level, then increase positions in altcoins,

altcoins have more room for growth after breaking the pressure level.