In the last 3-4 days, the market has been thriving, with a comprehensive rise

But I haven't made a single trade, not a dime earned

There are mainly two reasons for this

1. Subjective thinking affects behavior

Subjectively, I believe that the overall market (BTC) does not have much upward space, so I haven't maintained a bullish mindset, which led to missing the first round of BTC and ETH's breakout

2. The difficulty of catching up is too great

In the following days, altcoins took turns breaking out and rising, many of which did not look back after rising, which is a very good opportunity for right-side trading

However, due to the first round of BTC and ETH's rise, I was already confused about the market condition and completely failed to react

On Saturday, the insiders began to pump memes and small-cap altcoins, with significant volatility, but the really good buying points were just that one moment; after missing it, it was mostly about emotional speculation

A kind of situation where the bold get rich and the timid go hungry; as long as there is courage to be bullish, one can profit

However, it doesn't mean much to me. When the entry risk is uncertain, I still prefer to observe

In the blink of an eye, one-third of May has passed

Currently, the return is about -1%, missed the upward trend but didn't lose much money

Here, my personal expectation is to judge whether, during the weekend with generally lower liquidity, altcoins will be pumped to create FOMO sentiment, whether it will completely turn uncertain

BTC has not yet broken a new high, so we can wait a little longer to see if there are signs of weakness

For altcoin strategies, if one wants to participate in the second phase, they should only focus on the current leaders, that is, the strongest few, such as MOODENG and PNUT

For the first phase, those that rise again in this context are considered relatively poor picks; it's best to take a bite and leave, without overextending.