Didn’t expect this to be the lowest point in these few days.
This drop is just the right time to switch positions; when market liquidity retracts, many CEX tokens will be affected, and the fundamentals become unimportant. Only a few new coins can be considered.
Before the drop, you need to have a coin pool that you are optimistic about. For those coins that have small declines and are not very volatile, you can consider switching to those that have dropped more but have greater rebound potential. However, until there is a rebound, no one can determine which coins will bounce back. Therefore, there are still a few main investment directions to pay attention to in the market.
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 coins that have expectations and may have significant announcements, and choose those you have confidence in holding long-term after buying. You can also choose those coins that others dare not buy, taking a longer path.
Remember, expectations should be compared to the overall situation of not switching positions, rather than comparing with the coins that rebound the most in the market.
What if you switch wrong? It's okay, give yourself some confidence, and let it 'fly' for a while!