What happens during a leverage-driven altseason is exactly what happened. This dip isn’t a normal dip. Some big institutional money, billions of dollars in alts, got liquidated—especially ETH. People went heavily long on ETH because BTC had already crossed $90k, and they thought ETH was late to the party, so they went long. All those longs got liquidated, and that’s why altcoins are suffering so much.
Can you believe this price? But why did the longs get liquidated? Because of Trump—imposing erratic taxes, and Canada retaliated with countermeasures against the US. People assumed that if Trump came back, there would be rate cuts, but that didn’t happen. Inflation isn’t decreasing, so cutting rates isn’t a good decision right now. When big institutions saw all this, they started pulling out their investments. Such a massive dump wouldn’t have been possible otherwise; the long liquidations dragged the prices down to unbelievable levels.
The question is, what should you do now? I’m a very cautious trader. Most of the time, I try to protect my portfolio. Rarely do I keep more than 50% of my portfolio invested; I usually trade with just 20–30% and keep the rest aside. That’s why I managed to survive since my market exposure wasn’t too high. I had taken a long position on TIA coin with a stop-loss, which hit at a $77 loss. I also went long on Trump coin at $18.2, and I’m in a loss there too. I had AXL in my spot bag, did DCA at the right time, so I’m at break-even now, but I had to invest 3x more than my original plan for AXL.
I also bought some $ARB , $ZK , and $STRK —these are ETH L2 tokens because they’re cheap now. Overall, 20% of my portfolio is invested.
Carefully watch the US market’s reaction today after 6 PM. I’ll set my stop-loss 20% below the current price. Let’s see what happens.
Price to remember:
ARB was below 0.4,
Eigen was 1.8,
dot 3.8,
OP 0.78
TAO 234
APT 4.5
AXL 0.32
LPT 6.5
Cake 1.12
IMX 0.64
TIA 2.35
