About the High Position Altcoins in a Bull Market -- Pursuit, Risk Aversion, Replenishment
Conditions: After a bull market has started for a while, when Bitcoin shows significant divergence at high levels and stagnates, and altcoins have accumulated a certain increase, it is necessary to observe Bitcoin for altcoins.
1. Pursuit: When BTC is consolidating or rising from a low point towards a resistance level, and altcoins have a profit effect, even at high positions, there is still room; in a bull market, the low points are raised, and the high points keep reaching new highs;
2. Risk Aversion: When BTC approaches a resistance level for testing, be wary of a significant drop if BTC fails to break through. It is necessary to cut losses in altcoins promptly; even those that haven’t risen should be cut off; otherwise, when BTC drops, altcoins will face significant declines, potentially around 30%;
3. Segmentation: The market can be approached segment by segment. Cut losses near Bitcoin's resistance level, partially return altcoin positions to Bitcoin or remain in cash waiting. A bull market is a spiral rise, and it cannot be achieved all at once. Even if some altcoins miss out on independent trends, there are still other altcoins to choose from;
4. Replenishing Altcoin Positions
(1) When Bitcoin fails to break through and stabilizes near support, gaining support, replenish altcoins again, betting on a rebound from overselling; the more it drops, the more it rebounds;
(2) When Bitcoin breaks through the resistance level, increase altcoin positions; the potential gains for altcoins after breaking through the resistance level are larger;
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