Stop fantasizing about bottom fishing! Now is the time to "protect your capital"!
Bitcoin $BTC is cooling down, the altcoins are in a wail, TOTAL3 is also starting to leak down little by little——this is a standard risk release phase, don’t pretend you didn’t see it!
We are currently in that familiar yet dangerous state:
BTC down Alts
Funds are secretly fleeing, emotions shifting from greed back to "survival"
Four phases:
BTC and Alts both soar: a feast of profits, everyone is celebrating
BTC rises, Alts fall: smart people quietly accumulate, bottom fishing has just begun
BTC falls, Alts rise: alarms are ringing, fake breakthroughs are mostly on the way
BTC falls, Alts explode: the risk zone has been reached, primary task——stay alive!← We are here now!
So what to do next?
Step one: preserve your capital, surviving is necessary for the next round
A lot of capital is concentrated in altcoins? It's time to consider shifting to stable assets or reducing positions to hedge.
Step two: narrow the front, slow down the pace, and patiently wait for opportunities
Only after the market returns to rationality will it be the golden moment for precise strikes.
