In a channel oscillating back and forth by 10%, you are choosing to place bets on that 5% small interval — to be honest, this is not very wise.
If you are the kind of person who has a lot of tools and is particularly skilled in reading charts to play with altcoins, you have likely been enjoying this rebound quite a bit during this time.
But be careful — this is just a rebound, not a reversal.
After a bull market turns to bear, it won't immediately turn back to bull; there will definitely be a period of 'monkey market'. Just like after prices peak, they won’t immediately turn down; there will always be various false movements played out at high levels.
In a monkey market, there will be particularly many false movements in major cryptocurrencies; on the contrary, some altcoins (either fortunate enough or strong enough people can catch them) might perform a bit smoother.
The question is: do you consider yourself to be one of those people who is 'lucky and also strong enough'?
