About the high position of altcoins in a bull market -- chasing, hedging, and replenishing

Conditions: After a certain period when the bull market kicks off, if there is a significant divergence at the high position of Bitcoin with stagnation, and altcoins have accumulated a certain degree of increase, it is necessary to observe Bitcoin for altcoins

1. Chasing: When BTC is in a sideways consolidation, or pulling up from a low position to a resistance level, and altcoins are showing a profit effect, even if they are at a high position, there is still room for growth. In a bull market, the lows are raised, and the highs keep hitting new highs;

2. Hedging: When BTC approaches and tests the resistance level, it is necessary to beware of a significant drop if BTC fails to break through. It is important to cut losses on altcoins in a timely manner, even those that haven't increased should be cut, otherwise, when BTC drops, altcoins will face a significant decline of around 30%;

3. Segmenting: The market can be approached in segments. Cut losses near Bitcoin's resistance level, partially return altcoin positions to Bitcoin or remain in cash, as the bull market is a spiral ascent and cannot be achieved overnight. Even if some altcoins have independent markets and missed opportunities, there are still other altcoins to choose from;

4. Replenishing altcoin positions

(1) When Bitcoin fails to break through and stabilizes near the support level, gaining support, replenish altcoin positions again, betting on a rebound from an oversold condition; the more it drops, the more it rebounds;

(2) When Bitcoin breaks through the resistance level, increase positions in altcoins, as the potential gains for altcoins after breaking the resistance level are greater;

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