The altcoins rose in a sunny day in early November, but now they are falling in a waterfall-like manner. The altcoin season has not come yet, and they have begun to fall! Don't panic, I will explain. First of all, you need to understand what a bull market is. In simple terms, the general trend is rising, and rising sharply and rapidly. This also shows that the volatility is large. The volatility of altcoins is about 10%, and now 15-20% is not excessive in the bull market. Now the altcoins have broken through the extreme support and are beginning to enter the vacuum zone. Some coins with higher market value will be adjusted back by 75%, and those with lower market value will return directly to the pre-liberation period. Don't think that the bull market is gone because of the big drop, otherwise you will lose everything. Remember that in the bull market, even if you are trapped, you can still get out of the trap, but if you are trapped in the short position, you will have to wait for the explosion.
Now the solution for altcoins:
If you hold long positions: Don't sell at a loss, or you will be slapping your thighs when the price goes up again. You can appropriately establish short positions to hedge. Wait for a strong reversal signal to increase positions and lower the average price of long positions, and welcome the crypto carnival after Trump takes office next year.
For those who don’t have long orders or didn’t make big profits in the past period of time: wait for the reversal signal K to be the most, then you have bought in the golden pit of the bull market, and have the best entry position. Don’t buy when you see a big drop, the bull market is for those who are patient. $PEPE
