Looking at the altcoins in perpetual contracts, although some are trying to pump, the effects are obviously not as good as before. For example, Myx made an early effort but only lasted three days, Play fizzled out the next day, Memefi cooled down in two days, and A2z collapsed in half a day.
This indicates two changes:
First, users are now smarter; when they see prices pumped too high, they hesitate to chase, and both long and short positions are uncertain, with funds unwilling to follow the trend;
Second, the eruption time of altcoins is getting shorter, shrinking from three days to half a day. Therefore, when encountering a suddenly surging altcoin, shorting based on the duration of its rise could be a good strategy; after all, if the price is pumped too high, no one will follow, and it naturally won't go up.
To avoid detours, one needs to keep the right rhythm. Shisan Yi focuses on laying out potential coins and prepares in advance before the market starts. For real-time strategies, you can consult Shisan Yi.
