From the perspective of the risk-reward ratio in trading, I personally believe this position is worth the gamble, so I took a low-leverage long position on several altcoins.
For those looking to bottom-fish at this position, you can choose a cryptocurrency you are optimistic about or familiar with, and set your stop-loss at the previous low point on the daily chart.
Then, work backwards from the stop-loss amount you can accept to determine your position size.
All anxiety, fear, and hesitation actually stem from not having a clear stop-loss amount or from the position size exceeding what you can bear.
In terms of my personal trading, if the positions I opened today for bottom-fishing all hit the stop-loss, then the return rate for May would drop back to 40%-50%. This is a stop-loss amount I can accept, so I proceed with it.
Many people often want a simple answer: are you bullish or bearish?
This is not the core of trading. Trading is an art of candlestick patterns and a mathematics of position risk control.
I hope you can gradually understand this statement.