【Questions about fans' concerns regarding altcoins】In March 2024, I mentioned that altcoins entered a bear market, and this bear market for altcoins has continued until now; this viewpoint has not changed.

In a bear market, you definitely shouldn't hold blindly; most of the time, it's about being in cash and waiting. If there's a profit opportunity, do some short-term trading to earn a quick profit, and then exit without getting too attached.

Those who held onto their positions in the bear market have learned their lesson. In the spot market, only a small bull or a big bull can yield significant profit effects; naturally, the profit effect in a bear market is small.

Everything reverses when it reaches extremes; the bear market will surely pass; it’s just a matter of time. A small bull or a big bull will inevitably come.

If there are no new lows in August or September, there will be a small bull market for altcoins lasting 2-3 months. If Bitcoin makes new lows, there will be a big bull market for altcoins lasting 2 years by the end of the year.

From August to September, it’s necessary to go all in and catch the bottom for the small bull or big bull in altcoins.