Today is also the weekend, but it's a bit difficult to submit homework. Investors' emotions erupted slightly over the weekend, panicking during a period of poor liquidity. Based on current data, there is a high probability that there will be another upward gap after the opening of CME on Monday, and the gap between $78675 and $77930 has not been filled. The gap between $76000 and $78000 in URPD has also not been filled. Many friends still ask if it's a bear market now. If we follow the downward trend of the US stock market, it has fallen 10% from its peak, Bitcoin has dropped by 20% from its peak, and is still some distance away from its halving at 312. However, investor sentiment is indeed very poor, and it is hard to say if it continues to fall. Today, a lot of data was released, which shows that most investors are in a skeptical state. The current market feels very bad, just like the garbage time in 2024 when it fell from $73000 to over $50000. The difference is that at that time, there were positive expectations for the US presidential election, but now the positive expectations are uncertain whether it will be a rate cut. So what to do in the current market is more important. For most short-term traders who are not very good at it, it may not be wrong to wait and see. They may miss a good opportunity to buy the bottom, but the risk is lower. Especially for those who still have a lot of chips in their hands, I believe most of them are losing money. I don't know about others, but I am really lazy to sell some of the altcoins in my hands. But that doesn't mean I won't do anything. First of all, I would choose to exchange some unlikely altcoins for tokens that have a chance to rise, which may not necessarily prevent me from rebounding. After all, the altcoin market has fallen sharply now, and many altcoins have already fallen to the low point of 2022. Of course, clearing positions now and finding suitable opportunities to buy back is not a problem. The key is not to do nothing, but to consider what should be done. How to switch positions may be my main consideration for the next period of time. Most of my knockoffs were obtained from airdrops such as Launchpool, and a small portion were bought with real money. For the airdropped portion, I am likely to switch to BNB, as BNB still gives some airdrops every month. My BNB position is still profitable, and of course, I am not blindly switching. I will first look at the exchange rates of these tokens for BNB, and if they are close, I will take them first. For the other portion that may have a chance, after all, if there is a rebound in the future, I can also play a game. If it continues to fall, I will continue to be prepared to hold them. In addition, my personal opinion on buying at the bottom is that only buying at the bottom can most likely make money or be something I can hold on to. For me, BTC is the most suitable option, so I would choose to buy at the bottom myself. After all, I am optimistic about BTC in both the long and short term. However, buying at the bottom is not just about buying when it falls. This is more suitable for those who are not short of money. For most people, trading on the right side may not be wrong. Looking back at the data of Bitcoin itself, after the implementation of strategic reserves, BTC has temporarily lost its positive momentum, and the US presidential election has turned from positive to negative. Macro data and the attitude of the Federal Reserve are still the main narratives at present. In March, there were three data points: CPI, PPI, and dot matrix. The first two may not have a significant impact on prices, and the dot matrix may be an opportunity to change sentiment in the short term. However, although the price of BTC fell by over 4% today, in reality, there were not many BTC involved in the turnover, and the exchange did not see a large influx or outflow of BTC. Even from the trading volume, it can be seen that there was no significant increase, so the price decline was not due to a large number of users smashing the market. From the URPD data, it can also be seen that the change in BTC in the past 24 hours has been very low, and there has been no change in the concentrated area of chips. However, it is uncertain when emotions will recover. Data has been updated, address: https://docs. (google.com)/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit? usp=sharing This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex