Didn’t expect this to be the lowest point in the past few days.
The drop at this time is just the right opportunity to switch positions; when market liquidity retracts, many CEX tokens will be affected, and fundamentals become less important. Only a few new coins are worth considering.
Before the drop, you should have a pool of coins that you are optimistic about. For those coins that have small declines and low volatility, you might consider switching to those that have dropped significantly but have high rebound potential. However, until a rebound occurs, no one can determine which coins will bounce back. Therefore, there are still a few main investment directions in the market that can be focused on.
For example, DeFi, especially DeFi related to WLFI, or Grayscale’s DeFi index.
For new coins, those that are actively traded usually rebound faster.
Select those coins that are expected to have significant announcements, and choose those that you are confident in holding long-term after purchase. You can also choose those coins that others are reluctant to buy, going further on a path less traveled.
Remember, expectations should be compared to the overall situation of not switching positions, rather than comparing to the coins that rebound the most in the market.
What if you switch incorrectly? No worries, give yourself some confidence and let it “fly” for a while!