Speaking of which, are there still any long-term altcoin spot trades available?
To be honest, by this time next year, 90% of altcoins will have gone to zero and been delisted. There are still over 800 days until Bitcoin's halving, which is the coldest time of the bear market.
This round is likely to be worse than before—BTC has an ETF to protect it, while altcoins can only fend for themselves. The project teams are discounting and selling off, market makers are collecting chips while shorting, and exchanges have complete control over the situation.
Only two types of coins will survive: mainstream coins with ETFs and the favored coins of exchanges. Other altcoins are just cannon fodder.
After this wave in November, the altcoin market will once again be littered with corpses next year. Don’t have long-term fantasies about holding altcoins; preserving your principal is the most important thing. The crypto market has already changed significantly.
Next, I will consider arranging fan positions for short trades; brothers, follow along in the chatroom below!!
