Just a few words about the next few weeks:

1. If you have spot positions, you may face a sharp retracement. It is entirely up to you whether to avoid risks in advance. Maybe this period will be very painful.

2. If you can hold on and grit your teeth to get through this painful period, I think the next wave of gains will be very beneficial to some key currencies, and even completely wipe out the previous retracement.

3. The market is not "over", and a new upward phase is expected in the next 4-8 weeks. The government of a certain country has a more positive attitude towards cryptocurrencies, and there is less resistance in the macroeconomic environment. These factors have theoretically created a good environment for the market.

4. There is no clear prediction about the next market rotation. It is difficult to judge in advance which currencies or sectors will become the market leaders. From the perspective of rotation, it seems that all currencies will rise, but at the same time there is no overall upward trend.

5. This summer, altcoins experienced a sharp retracement of 75%, which was mainly caused by capitulation sentiment caused by price declines, rather than shocks caused by prolonged time. Although those 6 months seem extremely long to us, compared with the 1.5-year sideways period of altcoins in 2018-2019 and 2022-2023, this adjustment is actually relatively fast.

6. Learn to analyze data continuously every week and constantly re-evaluate the tops and bottoms of the market cycle. When the market starts to turn, the situation may become very complicated. Even if the bull market ends, there will be many people still shouting "the bull market is still there". This situation is always difficult to predict, but you need to be vigilant. Don't try to predict the future too far, accept market information and adjust your strategy according to actual conditions.

If you can exit the market with a considerable profit, you are already a winner.

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