#加密市场回调 The operations of altcoins this time are simply a roller coaster! At the beginning of November, it was soaring, and now it is falling like a waterfall, catching people off guard. Where is the promised altcoin season? Why did it start to drop so quickly? Don't worry, let me explain slowly.

You need to first understand what a bull market is; simply put, it is when the overall trend is going upwards, and it rises very quickly. This leads to significant fluctuations. Altcoins typically fluctuate around 10%, which is already a lot, but now that the bull market has arrived, fluctuations of 15%-20% are not uncommon.

Currently, altcoins have already fallen below the support level and are entering an unmonitored area. High market cap coins may retrace by 75%, and for those with low market caps, returning to the starting point is not impossible. But don't assume that just because it drops, the bull market is over; that could lead to significant losses. Remember, in a bull market, going long means that even if you are stuck, there is still a chance to get out; but if you go short and get stuck, you might as well 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. You can try to take some short positions to hedge a bit. Wait for a strong reversal signal before adding more positions to lower the average cost of your long positions. This way, you can look forward to next year's cryptocurrency frenzy after Trump takes office.

If you don't have long positions or you didn't make money recently, don't rush either. Patiently wait for the reversal signal; at that time, buying will mean you are getting in at 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.