#数字货币市场洞察 $COMMON The recent price action has been wild. Single candlesticks are swinging by dozens of points—this kind of brute-force beauty is nothing unusual in the altcoin space.

First, there’s a pump to grab everyone’s attention. Retail traders see the surge and rush in, but then the main players dump hard. Those who chase the pump either get liquidated and exit, or get stuck at the top singing the blues. To put it bluntly, the ultimate goal of many altcoin pumps is just to find bag holders.

If you judge this round as a distribution phase, shorting could be an option. But remember one thing: position sizing is always the number one survival rule—never go all-in. The market won’t go easy on you just because you’re heavily invested.