The current market pace is getting faster and faster, with new coins emerging one after another. For example, yesterday's launch of XPL doubled its value in just one day and entered the top 50. This kind of vampiric surge directly pulls away liquidity, resulting in shorter rotations for many altcoins, which rise sharply and fall even faster. Coins like AI, XAI, YGG, and WLD are typical examples; if you don't catch the rhythm, it's easy to get stuck at a high position.

For traders, the most important thing at this time is not to blindly chase hot spots, but to first improve execution ability. If you can act decisively, do so; if you can't, it's better not to touch most fast-paced altcoins. A more stable approach is to thoroughly understand Bitcoin and Ethereum, ensuring continuous and stable profits before considering higher-risk targets.

In terms of strategy, first do subtraction, eliminating those markets that always lose money, and then do addition, looking for more certain opportunities. The current fear and greed index is at 29, which is considered an extreme position in market sentiment, and historically has often been a good ambush point. Simply put, the decline is to prepare for potential increases in the fourth quarter; when it's time to buy low, you still have to act decisively.