It is not yet time to bottom fish; we are only seeing a dead cat bounce, and there is a high probability of a second dip! Friends who are fully invested can consider gradually reducing their positions as Bitcoin (BTC) rebounds to around 99,000. Other altcoins can also be referenced based on Bitcoin's price levels, as most altcoin movements follow Bitcoin. When Bitcoin falls, altcoins generally follow suit!
This month is unlikely to reach a new high. During every bull market, the period around Christmas and New Year's is usually a consolidation phase. Therefore, this month we should be cautious about going long, and also be careful when shorting. Because it is still hard to predict a double explosion from the market makers! One must respect the market! Preserving capital is the most important!
