Altcoins Re-enter Hell Mode
This year, there have only been two waves of altcoin trends, one in March and one in November.
Each wave lasts about a month.
If you are slow to react, the profit reversal can be very severe.
If you are too cautious, you might get trapped badly.
If you missed these two waves of trends this year, it would be like playing for nothing.
Altcoins are now very difficult to navigate; it's hard to determine their bottom and top. You either sell early and miss out or enter too early and get stuck.
For instance, Ethereum has failed to break above 4100 three times this year.
Many altcoins have fallen back to levels seen in October and November, while Bitcoin hasn't dropped much yet. If it breaks below 90,000, the consequences can be imagined.
