#BTC突破12万大关 #ETH突破3000 #山寨季何时到来

Now BTC has reached a new high, ETH is trying to stabilize above 3000, altcoins are eager to move, but few mainstream and quality altcoins have broken through 20%. Those who haven't entered shouldn't rush.

Now you can look back on the daily chart at the bottoms of these altcoins, most are between June 17-22 last month. Using this as a support point, it is generally difficult for such a significant black swan event to break below this line. As long as the liquidation price is not below this line, you can boldly build positions and hold until the altcoin season explodes.

Currently, the pullback is small, so you can add positions a little less. As long as there is a pullback, it can be treated as a regular investment point; if there is a deep pullback, add more. You need to keep an eye on the market around four or five in the morning. The trend is upward, and now many coins have only risen 30%-50% from the bottom. Entering at the current price is not considered chasing highs; if you look at the cycle in months, at least doubling your funds is necessary to fit the risks of playing in the crypto space.

Always remember, you can casually hold spot positions. If you are trading contracts, regardless of the leverage, the liquidation price must be lower than the previous low. We believe this round of market will never drop below this previous low, maximizing capital utilization and allowing for the best sleep at night. Do not set stop losses; are you playing to be constantly stopped out, amplifying your losses? When playing with leverage, you either die or hit it big. You have a big bridge to detour but choose to walk this narrow bridge instead, yet you still talk about position management and risk control? You must be mistaken.

I am not picking coins now, I simply entered $SHIB $APE $JASMY because they have all shown flamboyant performances before, and now they haven't performed yet. If any coins rise by 20% in a short time, participate for the short term, in and out quickly. This is how to play the altcoin season; the annualized return is all expected to accumulate in these few months.

My sharing is just personal operation and thought process, not representing correct investment advice. Please follow with caution.