Late Stage Bull Market Reminder: Understand These to Avoid Liquidation
In the late stage of a bull market, especially during altcoin season, once it starts, the market can be highly volatile. Beginners should be particularly cautious about the following points:
Never short with a long-term perspective
Bull Market Characteristic: The explosive potential of altcoins often exceeds expectations, with price increases of several times or even dozens of times. The risk of shorting is extremely high. The worst case: blindly shorting, thinking 'it has risen so much that it should fall', but without a stop-loss in place, one can be crushed by the market until liquidation.
Be cautious with short-term shorts
Extreme Certainty Opportunities: Only attempt short-term shorts when there are clear top signals in the market, and a clear stop-loss strategy is in place.
If you don't understand, don't touch: If you don't know how to evaluate opportunities or set stop-losses, it is advisable to stay away from contracts; protecting your capital is the top priority. Now is the time to position yourself, as altcoin season is about to begin: In every bull market, the explosive window for altcoins is very short. Missing the current low position could mean missing the entire market trend.
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