Yumo believes that the last time Bitcoin fell to 53,000, the altcoins generally fell 70%-80% from their highs, which is already the relative bottom.

Many people have reached the point where they think the bull market is over, and they are opening short positions, cutting losses, and short positions. The overall panic level is enough.

The current situation is actually the most comfortable to hold a spot position. There is a risk of being trapped when opening long or short positions, and short positions will also be very anxious every day. If you like particularly stable positions, then wait until the right side is established, all altcoins will increase in volume and confirm the upward trend before entering the market.