About running fast, I chased after the altcoin yesterday, bought in and gained a few points, and immediately set a breakeven stop loss. If I hadn't set it, I would have to bear a 20% drop, and I'm talking about spot trading.

Actually, this round has been misled by the high price of Bitcoin, as spot trading doesn't set stop losses because Bitcoin is still in a bull market. Every time an altcoin drops, it feels like just a pullback, and there’s an altcoin season, so spot trading is like 1x leverage. However, if you don't set a stop loss, a drop of 60-90% can often result in more losses than trading futures normally does.

The key point is that the scary story is that Bitcoin is still around 100,000, while altcoins have already been cut in half by 60-90%. So if Bitcoin continues to drop, how much will it fall? As long as Bitcoin remains at such a high level, remember to set stop losses for any altcoin spot trading.

Additionally, shorting bear chains is truly enjoyable.