Just after New Year's Day, all kinds of shanzhai coins indeed experienced some decent gains, and market sentiment seems quite heated. But honestly, in my view, this rebound is just a fleeting glimmer.



Take PEPE and BONK as examples. These types of tokens tend to have wild swings, with rapid rises and falls. The current increase feels more like an emotional outburst and is hard to sustain. My advice is, if you're still holding significant positions, now is the time to consider taking profits. Delaying further will likely make things less manageable by the end of the year.

Compared to mainstream assets like Bitcoin and Ethereum, whose fundamentals and long-term outlooks can still support a rally, the risk factor for altcoins is indeed higher. Especially in the current market environment, with increasing discussions in the US about Bitcoin strategic reserves, large capital is gradually shifting focus to mainstream coins, and institutional support for altcoins is weakening. Instead of betting on another rebound, it's better to lock in profits now and prepare for possible adjustments.
PEPE12,26%
BONK9,76%
BTC3,34%
ETH6,32%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
DegenDreamervip
· 01-07 17:54
Here comes another to advise me to clear my position, buddy, are you poisoned? Clear my position? Wake up, I need to push one more wave. PEPE rebounds and you want to run, you need to work on that mindset. Honestly, mainstream coin bagholders are just bagholders too, why be so timid? Wait a minute, your logic is a bit interesting, but I don’t buy it. Not so calm at the end of the year? I’m not calm right now either, haha. Good fundamentals for mainstream coins don’t necessarily mean stability? You’re overthinking it. Listening to this, I want to go all in again, just pretend you never said anything.
View OriginalReply0
LightningClickervip
· 01-06 09:36
Ha, coming to advise me to cut my losses again? PEPE is really虚 this time. Selling off early, but indeed it's time to reduce positions. Altcoins are just a gambler's game; institutions have all moved to play BTC. That's right, big funds are all focused on mainstream coins, so we're really in danger here. Can BONK still hold up? Feels like it's about to end. Taking profits and securing gains has become old news, but this time it really seems like we should listen. Without institutional support for altcoins, only retail investors are left to cut each other. Before the end of the year, I need to整理 my positions, or I'll really get caught in a deadlock. Let's see if there are still some clear-headed players bottom-fishing in altcoins. After emotional outbursts, there's always a sharp decline; I've seen it too many times.
View OriginalReply0
BearMarketBuyervip
· 01-05 11:50
又来忽悠人清仓,我看你是想抄底呢哈
Reply0
GigaBrainAnonvip
· 01-05 11:50
Selling off completely is the right decision; now it's indeed time to recognize the situation. PEPE and similar kinds of assets tend to rise quickly and fall just as fast, so it's not a game to gamble on.
View OriginalReply0
rekt_but_vibingvip
· 01-05 11:49
Cleared out PEPE, this wave is really just the rhythm of the leeks taking the fall
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)