Altcoin trading strategy summary: →♥

①: Look for opportunities to short when the price has risen too much.
②: Look for opportunities to buy low after a significant drop.
③: The upward trend has not yet reached its peak, the pullback continues to be long.
④: The downside space is not finished yet, the rebound continues to short.

So, do you say this is a trend trading or a counter-trend trading? If you have bottomed out and are in a long position, then that is the starting point of the trend. If you are shorting at a high point halfway down, then that is counter-trend. Therefore, whether it is counter-trend or trend trading depends on whether you did it right; this is the essence, and the results validate it in hindsight. Don't keep saying how much it has risen; how could you short it? It has dropped so well; how did you end up going long? It's all trial and error; don't act like you are very clear about the trend. If you were so clear, you would have gone all in directly, right? Let me give another example: back when Ethereum was 1400 and it was dropping like crazy, why were people desperately trying to catch the falling knife, trying to bottom out? Don't we have to wait until now that it has gone up to realize, wow, that was the bottom? I missed it, couldn't hold on; how did I not think to go all in? Everything is always lagging behind. Only by having the awareness to step ahead can we achieve results.