Brothers, the market has actually released quite clear signals in the past two days—altcoins are quietly building a new bottom area. Don't be frightened by the seemingly ordinary sideways movement and the occasional spike; this is obviously the accumulation action before a big trend arrives. September, as the starting point of the interest rate cut cycle, will most likely be dominated by a choppy washout, and the market will continue to clear out those weak hands holding floating chips, allowing truly patient and resolute investors to acquire precious chips.
Many people panic when they see a spike, resulting in them confusingly throwing away good chips at the bottom. But those smart funds won't lose their composure; they will take this opportunity to steadily collect chips and prepare adequately for the upcoming main rally.
From the rhythm and pattern of the market, September is the phase of fluctuating accumulation. The market will be erratic, bouncing up and down, making people feel anxious and distressed, especially torturous, but this is precisely the most authentic and reasonable way the market operates. By October, the market will gradually enter a slow upward phase. Once the bottom is confirmed, capital will naturally flood in, driving prices up continuously. Those mainstream altcoins and projects with popular concepts will be the first to take off. When November arrives, the real main upward wave will come like a tiger descending the mountain, and that will be a great opportunity for us to harvest wealth.
The trajectory of every bull market is quite similar: the early stage resembles a prolonged psychological battle, exhausting people's patience; the mid-stage constantly tests investors' resilience, seeing who can hold on till the end; only then will there be a surprising feast of wealth.
So, what is the most concerning thing right now? It's not that the price has dropped slightly, but that investors' own mindset has collapsed first. Especially for those brothers still playing with leverage, the recent spike and dip market is frequent; often, one spike down can scatter the leveraged positions into disarray, resulting in total liquidation. You may think you've perfectly timed the bottom, but in reality, you've just become the 'leeks' harvested by the operators, a tool for them to make money. Currently, the market is still oscillating within the previous price range, and there has not been a true breakout, so there’s no need for excessive interpretation or speculation. Those who have already lost their positions but want to add more must either patiently wait for a significant correction or simply stay put, because frequent buying and selling will only lead to diminishing funds.
I have always told everyone that those who sit steadily on the fishing platform are often the final winners. In a bull market, those who can truly make big money are usually not those who are fully invested every day, busy chasing highs and cutting losses, but those who firmly hold their positions at critical points, unwaveringly regardless of market fluctuations. Holding spot positions is the safest and most stable guarantee. When the market truly takes off and rises all the way, you will naturally enjoy the profits from this upward wave completely, instead of being tormented by short-term volatility every day.
Next, everyone must remember one thing: patience is far more important than frequent trading. Do not be swayed by short-term market emotions, do not fantasize about doubling your assets overnight, and do not lose your principal because of leveraging. September is for consolidation, October sees slow growth, and November will witness the explosive main upward wave. This rhythm has actually been hidden in the market's movement all along. What we really need to do is hold onto our spot positions tightly, shield ourselves from various external disturbances and noise, and patiently wait for the windfall that can bring wealth.