The current market situation is essentially a washout, clearing out leverage.
The intraday volatility of Bitcoin and Ethereum has become so fierce that it exceeds most altcoins. Want to make money off altcoins? Difficult. Assets like CAKE, CHZ, and CFX that misstepped in this rhythm are still at a loss.
For short-term trades, focus on the mainstream: ENA, LDO, ARB on the Ethereum chain, along with UNI, LINK, AAVE; plus SOL and its ecosystem's JTO. Other coins? Don't touch them; if you do, you'll be cannon fodder.
Be clear about reality: the Federal Reserve isn't providing liquidity, and the market is entirely supported by speculation. If you make a profit and don’t cash out, you're just giving it away. The operational logic can be summed up in four words: buy low, sell high. Quick in and out is the way to survive; don’t hold onto positions, don’t chase blindly, and don’t overestimate your ability to withstand volatility.
There is only one key time point: September 18. Before this date, Bitcoin and Ethereum can still fluctuate, but for altcoins, unless you are buried in historical lows, don't talk about faith. Don’t forget, the market cleans out those who are stubbornly clinging to leverage.
