Current market rhythm is obvious:

• Bitcoin rises, altcoins absorb;

• Bitcoin falls, altcoins collapse;

• Bitcoin consolidates, altcoins fluctuate without volume.

Bitcoin has lost direction in the short term, we can only watch the second-tier coins gain momentum.

Suggestion:

Friends holding a lot of altcoins shouldn't rush to cut losses, most altcoins are near historical bottoms:

• Those with large downward space are only about 35% more from historical lows;

• Those with small downward space are only about 20%.

If you can't hold on and need to change positions, consider whether to run after a short-term rebound of 20%. Repeated operations like this have little significance. Currently, most coins have fallen 50% this round, holding onto a good coin can maintain confidence and avoid continuous losses.

Strategy:

Stay in cash and wait, retreat to advance. #加密市场回调 #btc