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Fleeting moment, now Bitcoin and Ethereum are experiencing a small waterfall. It is obvious that altcoins are directly collapsing without any show. The slight rebound in Asian trading volume is indeed surprising, but it's like a mantis trying to stop a chariot—yesterday, altcoins accurately peaked and then fell.
Unfortunately, Ethereum didn't reach 3100 to open a short position. If it had, then the corresponding levels for BCH at 650 and ZEC at 560 could have been used for initial shorts.

A slight deviation is that yesterday I thought both mainstream and altcoins would decline today, but the actual situation is that altcoins are falling while mainstream liquidity has recovered, offsetting the original downward trend of altcoins.
From the perspective of altcoin momentum, it is not a reversal, because altcoins generally have several times the gains of mainstream assets. If it were truly a reversal, combined with the recent altcoin rebound, it should have broken through the previous hourly high. Instead, it is now in a weak state.
I believe the B-wave rebound should have occurred in February. Currently, I remain bearish, so I am still waiting to short.

Zec, I shorted this coin from 590 all the way up to 710 on my other accounts, shorted until it was listed on Gate and watched it get cut in half, then closed the position. Now it seems like it wants to rally again, it's already at 460, but I actually think there's not much potential unless it pulls back to 700.

What to do if you missed the previous order?
Don't worry
Next order preview: BCH is preparing to short, wait for my signal

I mentioned yesterday that I re-entered this coin's bottom with spot, but I advise against following. This coin hasn't yet broken out of the market trend. I bought 1000U and left it there, considering that in extreme market conditions, it might drop to 1.1, so I used spot to buy.
Standard fee for holding a 1x contract position for more than 4.3 days will be higher than the fee for directly buying spot. For long-term holding, using spot is better. For example, holding a 1x contract for a year incurs a 10% annualized funding fee.

The zec coin has started to plummet, I will breakeven soon, it will come back.

alts 1x entry
crv
cake
lista
ldo
These four.

LDO has triggered a capital preservation loss, this trend is a bit weak, although it is a relatively good altcoin, but the yield is not high, so I will switch to increasing the position in something else.