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BTC breakout has happened. If you’re holding absolutely no long positions and no spot, or if your alts have barely risen, you don’t need to be that anxious.
For BTC to pull back, if you can use 645-643 as a base, as long as it holds, you’ll see alts rotate and catch up in a round of gains. In this cycle so far, the market is actually getting harder to play: the windows for rising or falling and the price expectations can’t be fitted to 2024 or 2025 anymore. The bottom also no longer gives that kind of high-volume selloff and second dip pattern. You can only keep referencing the relative bottom on weekly and monthly charts, build positions at suitable prices, and adjust your holdings.
For retail traders to make money, buying some chips on dips is the move. Don’t go all-in on spot, and don’t do high-leverage, heavy-positioning in futures—it’s easier to make money that way, and your position mindset will be much better too. You may not get rich, but you won’t lose much…
The view remains the same: from June to August, don’t buy if it doesn’t dip. Small pullbacks mean small buys; big pullbacks mean bigger buys; for a crash, go all-in, then hold and wait until September to November. If you don’t take in any low-level chips at all during these three months, then after October, there should be a stretch of market action that will make you very anxious.
This is for medium-term trend traders. For those doing intraday and long-cycle strategies, it doesn’t matter—you just follow your own rhythm.
Don’t spread anxiety when it’s up; don’t spread panic when it’s down—I think that’s also a kind of politeness.