This round is really much harder to play than the previous bull and bear markets in the crypto world.

It's obvious that the 4-year bull and bear pattern has been broken. Normally, if we follow the 4-year cycle, the altcoin season should have a big explosion around April.

But up until now, it's still the same timing as May 19th. If the current altcoins are held by diamond hands, they really haven't made much profit.

Some say that at this stage, whether in the U.S. stock market or in the crypto world, we are creating a double top.

It can only be considered a stage rebound, not a reversal, so we still can't think that after a rise there will be a big bull market.

Another perspective is that Powell may change the Federal Reserve's interest rate cut structure, which could be preparing for a strong rate-cutting cycle. Historically, strong rate-cutting cycles are times of the highest global asset prices, commonly referred to as a big bull market.

Both viewpoints have their merits, so what is presented in the market is actually a hesitant and fluctuating state.

Therefore, I personally believe that at this time, it's best to keep at least half of your position waiting. It’s not feasible for those who are originally involved in projects and hold a lot of tangible assets to be completely out of the market.

Most people's entire assets are in the crypto market now, and being safely out of the market means they cannot accept any rise.

This is actually an extreme position.

Keeping half of your position, as long as you have enough time and patience, you will always find a better entry point, or if things get crazy, half a position will be enough.