The market has been fluctuating, and altcoins have quickly returned to the starting point. Ethereum is back over 3200, Bitcoin has dropped to 9400. Yesterday, there was a rebound driven by the squirrel pnut, which led to a wave of rebounds in neiro act and these memes. This wave of altcoins is indeed difficult, but it's already almost January, and persistence will truly lead to victory.
After experiencing the 312 and 94 events, these old investors are not too anxious because they know that if there is no rally now, there will definitely be one in the first quarter of next year. Before Trump comes to power, there will also be a big hype coming soon. Moreover, from the liquidation data, the amount of liquidated long positions is gradually decreasing. Once the long positions can't be liquidated much, it will be time to push up and liquidate the short positions.
Many newcomers worry about too much of a pullback and how long it will take to break even. In fact, we can look at the wave that started in early March this year and another that started in late November. Once the market starts to rally, it can be very fast. At the beginning of the year, it was basically tenfold in a week. Recently, even a large market cap like XRP has risen fourfold from the bottom. It's not a problem for some small market caps to achieve tenfold gains, so there's no need to worry about not being able to make money. Even in a downtrend, market makers cannot offload their goods without trading volume and depth. So rest assured, the winter solstice has passed, and how far can spring be?