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In the first week of November, the crypto market exhibited a textbook-level differentiated trend. #鲍威尔讲话 and $BTC made a strong one-sided breakthrough of key resistance levels, while the alts zone collectively plummeted, creating a sharp contrast.
This round of market movement has come quickly and fiercely, with many long positions chasing the rise being directly liquidated. Watching mainstream coins surge wildly while the alts in hand are deeply trapped is indeed a painful experience.
That's how the market works; when mainstream coins are draining, alts basically have no performance opportunities. $ETH can be considered relatively resistant, but it can't withstand the overall selling pressure.
When the market is diverging, it tests strategies the most. Blindly holding positions will only lead to deeper troubles; it’s better to calm down and reassess your holding logic. Opportunities are always there, but the prerequisite is that you have to survive to wait for the next round.