Let’s break down how to make it so both longs and shorts end up getting wiped out. For the short side, the basic high point gets hit—boom, you’re done; for the long side, it falls again and again, dropping one time after another. So altcoins can only be a one-wave play—don’t try to hold some big-picture mentality. Yesterday, in this token, they didn’t even bother to put on a show.