Altcoin, after 2 days of being red hot, has returned to a bright blue sky...
The uptrend and its dump cycles come and go very quickly; many times, we haven't even had a chance to react before it has already shot up. Anyone who has experienced at least one uptrend season surely knows this.
The uptrend season is also the time when many people lose their holdings and tend to buy at the peak, because there will be many newcomers who are inexperienced or do not have a target far enough for the asset they hold, so they will inevitably drop coins early at low price levels, during times when altcoins were red hot just 2 days ago... Many savvy traders want to optimize every wave, but there will be times they lose coins and fomo buy back at higher prices.
The uptrend will not lack dump cycles like the last 2 days and may even have harsher ones, so only those who have enough faith and a clear plan can withstand it... After the storm passes, holders will see a bright dawn again, while futures and margin traders will have scars that will take a long time to heal...
Congratulations to those who did not panic sell because of the red and bought more; now it's time to enjoy the honeymoon phase, right?
