Altcoin Analysis: Should we cut losses now? Is there still an opportunity to escape the peak in this year's altcoin revival?
Answer: Don't cut. There is a chance.
1. In the past six months, there were only two key selling points for altcoin seasons, with a very short time window of just a few days, which I correctly identified. The selling points I mentioned were on May 22 and July 23, where I wrote extensively about the underlying logic, but many brothers didn't believe it or were unwilling to read it. Now they are still heavily invested in altcoins, even fully in MEME.
2. Now, just over ten days have passed since the recent July 23, and altcoins have shrunk by another 30%. Now people are panicking and considering cutting losses. What should they do?
Honestly: I suggest you hold on and wait for a rebound. Cutting losses at this low point is purely falling into your own emotions.
3. Many people do not realize that this year's altcoin characteristic is: a unified rise and fall across sectors, with no more concepts of sector rotation; and during the surge of ETH, altcoins did not experience the previous premium increases.
There are only two reasons:
(1) Institutional funds are no longer favored, and the inflow of funds is limited.
(2) A large number of retail investors have been wiped out, and altcoins are being uniformly controlled by institutions for market making.
4. The lows and highs of altcoins are increasingly lower; do not fantasize about breaking even. You must operate strategically based on accepting reality.
5. But the good news is: currently, altcoins have undergone multiple death washes, and continuing to wash will not bring higher profits to the market makers; combined with a comprehensive market judgment, I believe there will still be opportunities for an altcoin revival peak escape from August to December.
I hope that brothers can seize the opportunity then and minimize losses.
