Bull market, simply put, is when the overall trend is rising sharply and quickly, which also means the fluctuations are significant.

Altcoins usually fluctuate around 10%, but now that the bull market has arrived, fluctuations of 15%-20% are no big deal.

Now altcoins have already broken through the support level and have entered an unmonitored area. Coins with high market capitalization may retrace by 75%, while those with low market capitalization might even return to their starting point. But don't be quick to think the bull market is over just because of a drop; that could lead to significant losses. Remember, in a bull market, going long means that even if you're stuck, there's still a chance to break free; but if you're short and stuck, you might as well wait for liquidation.

If you have long positions, don’t rush to cut losses; if you sell and the price rebounds later, you’ll regret it. Wait for a strong reversal signal, then increase your position to lower the average price of your longs. This way, you can look forward to the cryptocurrency celebration after Trump takes office next year.

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

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