Recently, the crypto assets market has shown significant fluctuations. The performance of alts and application tokens is clearly influenced by the trends of Bitcoin and Ethereum. In this situation, investors need to remain patient while also understanding when to take profit.

The day before, we suggested considering reducing positions in altcoins, and sure enough, due to a speech by an important figure, the market fell again in the evening. This once again confirms the importance of controlling greed.

The current ratio of altcoins relative to Bitcoin has not yet fallen below 0.03, so it may be worth considering short-term operations with a small position around this price level. Among them, the MYX project is currently quite popular and may present certain opportunities.

It is worth noting that the Solana ecosystem has recently been active, with its futures trading volume hitting new highs, which may indicate a change in market sentiment.

Overall, in the current market environment, investors should remain vigilant, closely monitor market trends, and manage risks appropriately. They should also pay attention to potential short-term opportunities and flexibly adjust their investment strategies.