About the recent market, what this KOL said is quite fair and to the point. Fellow folks who are destined, you might as well read it carefully:

On April 17, Bitcoin’s market value share didn’t break through the suppression line, and it was still ranging. Recently, you should be able to clearly see that some funds have entered a few altcoins, and also some very inexplicable altcoins. In that case, opening and trading Bitcoin and Ethereum contract orders is definitely very hard. If funds are insufficient, it will lead to disorderly range-bound oscillations—sweeping losses up and down.

🟢 Recently, for these popular “star” targets, everyone definitely wants to short them a lot. Everyone—the trader, the principal/operator, the market maker, the exchanges—knows it, so on the square, on Twitter, and in the exposure shown in what the KOLs talk about, the displayed numbers will all be very high. #ORDI #RAVE #HYPE In that situation, your short-side (your going short) is at most just scalp trading—getting quick, small profits. If you truly want to touch the top, sometimes you need to find the right entry point; and that has to be found through luck and through locating genuinely unbelievable levels.

🟢 Can coins of this type go long? With the current sideways Bitcoin market, it’s not great. If these coins get pumped, chasing longs isn’t impossible—you can still have a chance even if your position size isn’t that big, and it may even be more likely than shorting. But there’s one big problem: if you meet the top, then if you don’t cut losses, you’re basically done. As for shorting—so long as your position size is small and you don’t get liquidated—when these coins come down, it’s just a matter of time, and you may still get another chance.

🟢 No way around it—at the current stage, it’s just like this. Bitcoin, Ethereum, and the mainstream coins are all ranging. Altcoins pump up—if you don’t act, you’ll be tempted; if you act, you’ll end up losing.

📣 If you don’t adjust your mindset, then you must adjust your position size. If you don’t even adjust your position size, then just wait for the market to adjust for you!