Yesterday, I repeatedly reminded that [most altcoins peaked early on July 13-14, and there is no so-called altcoin season! The more FOMO there is, the more cautious and calm you must be!] and [altcoins usually peak early in Bitcoin's 3-3 (already reached), 3-5 (especially cautious), or during 5-1 or 5-3 waves. The more FOMO there is, the more you should be on guard!]
In fact, most altcoins had already peaked early on the afternoon of July 11! Today, many altcoins have crashed. This peak for altcoins is a small level peak, even an ultimate top.
Last night, the group reminded that Bitcoin and Ethereum started their 3-4 wave pullback at 5 PM.
Yesterday, WIF perfectly took profit, just like my chart!
Yesterday's another doubling coin was nearly at its highest point, and it was reminded to pull back to take some profit. Today it fell just right to buy back.
Many KOLs push a bunch of coins, only focusing on entering and ignoring exiting, leaving people holding on. Once trapped, they don't care anymore. The result is always losing badly.
We only deal with coins that we understand. I haven't pushed those that I can't grasp. In a bear market, every step must be taken cautiously to laugh in the end!
Personally, I have always believed that this is not the altcoin season; altcoin seasons last at least two weeks or more. There is no altcoin season before August-September! A few days of rebounds do not constitute an altcoin season but a bull trap!
I personally believe this is not the altcoin season, but it's impossible to convince everyone, especially those diamond hands.
If you insist on believing this is the altcoin season, get in during Bitcoin's 4th wave pullback, and then exit during Bitcoin's 5-1 wave or 5-3 wave, it's that simple.