This round of bull market is destined to be a wave bull market, and the pattern of altcoins will no longer be suitable for long-term holding. Operation in stages is the way of the king.

This altcoin bull market may disappoint many people. In the past bull market, altcoins usually brought ten times or even a hundred times the returns, but this time it may not happen again.

The following are several angles of analysis:

Chip angle:

In this round of bull market, project parties, VCs and market makers have more chips than in the previous round. Everyone has chips in their hands, which means that there will be no more scramble for chips and pull-up effects like in the previous round, and there will be no frequent chip turnover.

At the same time, the valuation of the primary market is high, and the amount of funds invested by investors is large, but the safety margin of valuation is small. Holders of a large number of chips can only ship through waves, and sell the unlocked chips at a suitable price at each stage, instead of selling some at a high price and the rest at a low price as before. It is more stable to sell at the middle price every time than before.

More professional market makers:

This round of market depth is better, attracting more professional traditional market makers and quantitative institutions to enter the market. This is why this round of trading has become more difficult, and retail investors always lose. More difficult trading means frequent pull-ups and wash-ups, and continuous pull-ups and drops can get retail investors off the train. The past unilateral rise was too simple and crude, and it is probably difficult to reproduce it in mainstream altcoins this round.

In short, altcoins should be operated in stages, rather than fantasizing about the 10x, 20x, or 100x bull market in the past. This will only make you ride a roller coaster because of the pattern problem. This round should pay more attention to local dogs and meme coins. As long as you are diligent and enter early enough, you have a chance to win!