I was just discussing with some friends how to do a knock-off season in Q1, and the conclusion was that it's really not easy. The existing funds still betting on altcoins are too smart. They are clearly rushing to buy altcoins before the market rebounds. Many altcoins are actually driven up by short sellers who felt the market couldn't fall any further. Before the market has made any move, altcoins have already rebounded by 30-50%. When the market truly breaks through and rebounds, speculative funds begin to slowly withdraw. The upper limit of a bear market is inherently low. If you wait for the market rebound to be confirmed before chasing it, it's easy to buy at the peak. It's tough. Let's keep an eye on a few large-cap blue-chip stocks first. If a good entry point comes, we'll go all in. If things don't look good, we'll run. We don't have to force ourselves to profit from this rally. We can always look for opportunities to short later. 🤡

The existing funds still speculating in altcoins are too shrewd; they're clearly all rushing to exit altcoin positions before the broader market rebounds. Many altcoins are actually being driven up by short sellers who felt the market couldn't fall any further, while the broader market hasn't even moved much, and altcoins have already bounced 30-50%. When the broader market truly breaks out and rebounds, the altcoin funds will start to slowly withdraw. The ceiling of a bear market is inherently low; if you wait for the market to confirm the rebound before chasing, you're likely to buy at the peak. That's absolutely right. Moreover, while rushing to exit altcoins, they're also taking advantage of the market weakness to manipulate the market. There's little volume in the spot market, so they're using it to liquidate contract positions.

As soon as the broader market rallies, the altcoins start consolidating within a large range. 😅

Hoping for a guide to Chinese New Year red envelope rates 😄