Bull market, simply put, is an overall trend that continues to rise, and it rises particularly fast. As a result, fluctuations are certainly large.

Altcoins usually fluctuate around 10%, which is considered a lot, but now that the bull market has arrived, fluctuations of 15%-20% are nothing to worry about.

Currently, altcoins have already fallen below the support level and are starting to enter an area that no one is managing. Coins with high market capitalization might correct by 75%, while those with low market capitalization could even return to the starting point. But don’t think that just because it drops, the bull market is over; that would be a huge loss. Remember, in a bull market, going long means that even if you get trapped, there’s still a chance to break free; but if you go short and get trapped, just wait for liquidation.

If you have long positions, don’t rush to cut losses; if you sell and it goes back up, you’ll regret it. Wait for strong reversal signals, and then increase your position to lower the average price of your longs. That way, you can welcome the cryptocurrency frenzy after Trump takes office next year.

If you don’t have long positions or didn’t make money recently, don’t rush. Patiently wait for reversal signals; when that time comes to buy, you’ll be buying in the “golden pit” of the bull market, with an excellent position. Never rush to buy just because of a significant drop; the bull market is for those who are patient.