Recently, the market performance of Ethereum (ETH) and Bitcoin (BTC) has been quite calm, with prices hovering in a narrow range and the volatility gradually shrinking. This state is like a compressed spring, ready to unleash force. Once it breaks through the current range, whether upward or downward, it could trigger significant price fluctuations.



Against the relatively calm backdrop of mainstream cryptocurrencies, investors' attention has shifted to other altcoins in search of higher return opportunities. This explains why we have seen significant increases in some small-cap cryptocurrencies. However, this phenomenon can be likened to a seesaw effect. Once Bitcoin and Ethereum start to gain momentum, funds are likely to quickly withdraw from altcoins and flow back into mainstream coins, which could lead to a sharp decline in altcoin prices.

In the current market environment, it is becoming increasingly difficult to become what is known as a 'diamond hand' (long-term holder). For most cryptocurrencies, a long-term holding strategy may not be applicable. Instead, it might be wiser to take profits in a timely manner when reasonable gains are achieved. Do not be overly attached to a single position; it may be more important to adjust strategies flexibly.

It is worth noting that the current market is different from previous bull markets. In the past, due to the relatively small number of cryptocurrencies in the market, most coins had the opportunity to rise together. However, with the exponential growth in the number of cryptocurrencies, the idea that all coins can significantly appreciate is no longer realistic.

Therefore, for cryptocurrency investors, accepting reality, letting go of fantasies, and lowering expectations may be a wise choice. Adjusting mindset and strategy might allow you to navigate this complex and ever-changing market more easily and calmly.
ETH2.9%
BTC1.89%
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LucidSleepwalkervip
· 10h ago
Is this little cake holding back a big move...
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bridge_anxietyvip
· 09-10 09:53
All in and it's done.
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SundayDegenvip
· 09-10 09:52
Making quick money through arbitrage
View OriginalReply0
ImpermanentSagevip
· 09-10 09:49
After the bull run, it has not dropped to zero.
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MetaverseVagabondvip
· 09-10 09:47
Just waiting for the bull run to feed me.
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GateUser-44a00d6cvip
· 09-10 09:27
The bull run is still attractive.
View OriginalReply0
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