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Crypto Market Volatility Keeps Traders on Edge Despite ATHs and Altcoin Rebounds

Will it really be different this summer? It seems so, as even during summer we might witness volatility and all-time highs for Bitcoin. There was a liquidation of one billion from short sellers. How can someone short such a market? The trend is your friend, after all. While reaching new ATHs in Bitcoin is positive, most altcoin charts seem to show only slight rebounds—rebound levels that haven't even surpassed May's. On the bright side, Bitcoin appears in every headline, and as the figures round up (120k, 130k...), it seems even better. ETFs have been accumulating almost without selling for nearly two weeks. Surprisingly, ETH ETFs are buying as much as Bitcoin ETFs, isn't that bullish? I'm doubtful this is the so-called "altseason," but maybe we've been convinced by time and price movements, so much so that we no longer believe. We'll see. Regardless, I plan to hold altcoins at high levels. For example, I will begin securing profits on JUP at $10, ATOM at $50, SOL at $1000, and so on. All these farms generate good percentages, enough to live comfortably. Don't forget that there's also capitulation during rallies—waiting for your buy-in while the rocket takes off. Trust me, the TILT you'll experience from this will be worse than just sitting through the dip. But this isn't financial advice; if you need the money for living expenses, the risk isn't justified. Finally, I want to say: your expectations are your problems. I've learned this the hard way after over 100 times expecting a price that only moved further away. Who wouldn't sell Stellar at $2.5 expecting $4, when it's only $0.1 now? These are my mistakes, and I've paid dearly for them. Unfortunately, others' failures don't hurt; but it's better not to have false expectations to prevent capitulation later. Update: My recent trades include a long position on BONK (+$2400, +25%) and a long on PEPE (+$9000, +54%), which I closed with a profit after some losses. I also shorted HYPER.
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AI Analysis

The analysis highlights the persistent volatility in the cryptocurrency market, with Bitcoin reaching new all-time highs despite concerns about altcoin performance. The mention of a billion-dollar liq...

AI Recommendation

Investors should adopt a cautious approach in the current volatile environment, recognizing that Bitcoin's ATHs and ETF inflows do not guarantee sustained upward momentum for altcoins. It’s advisable ...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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