The current bull market's main line is clear, showing a distinct characteristic of institutional dominance: first, Bitcoin was propelled to a historic high, then Ethereum was pushed to reach its yearly peak, followed by SOL breaking through the $200 mark, with altcoins also experiencing a general rise. However, altcoins have not yet reached historical peaks, so we must be cautious of potential chain reactions when mainstream coins decline—after all, the core goal of the market makers remains to harvest retail investors.
Currently, Bitcoin's stagnation has become apparent, and in this scenario, the bears have the upper hand, especially below $120,000: the momentum for lifting is weakening, signs of capital diversion are evident, the release of favorable news is nearing its end, and the market focus is shifting towards Ethereum, which has already pulled back over 300 points after its peak.
In the face of such a tail-end market, how should retail investors respond? This round of the bull market started too abruptly, and many retail investors failed to keep up with the pace; entering blindly at this time will only lead to becoming 'fuel' for harvesting. Chasing highs is obviously not advisable; instead, one might consider a strategy of shorting at highs while combining low buys at critical support levels for long positions, so as to seize opportunities in both directions during this tug-of-war. The more dramatic the ups and downs of the market, the more hidden opportunities there are, as long as one operates steadily, they can grasp them with ease.
