In the morning decline, the altcoins were very strong, acting like they wanted to go solo because I had a short position in ZEC. When Bitcoin dropped to 613, it only dipped to 556 before rebounding sharply. Now Bitcoin has fallen from 644 to 630, and it has broken below 556.

And hype, which has never fallen below 70, I remember a coin friend got caught at 69, now it's at 67. The BIO I hold is also very strong, it rebounded too, and I made a profit. The first wave of the auction didn't drop much, and Bitcoin's retracement also caused a decline. Even the four major giants are the same.

I checked the liquidity, and in the first wave, all the altcoins didn't withdraw liquidity; later, they all withdrew. The altcoin pumpers are also afraid that Bitcoin will break 60k, causing panic selling. They don't want to be the bagholders to buy retail investors' bags. If this continues, all my altcoin holdings will be trapped, but luckily, my positions are manageable, the targets are within plan. Who only eats meat without getting hit!

Altcoins still can't escape the curse of Bitcoin's decline, where more coins in the crypto world fall. Be patient and wait for Bitcoin to reach the 5X range. Bitcoin didn't rebound above 660 as expected; tonight it probably will fall again, maybe we'll see Bitcoin in the 5X range tonight. Let's observe first. Someone told me Bitcoin might go to 60k; if BlackRock and MicroStrategy sell together, even 1K is possible. Don't guess the market, go with the flow. Set your buy orders and leave the rest to the market.

I'm most satisfied with my $ZEC short position—strike when the opportunity is right, no questions asked! As long as the altcoins are floating with unrealized losses, I’ll use ZEC to recover. Keep going!

$ZEC