Recently, the funds speculating on copycat coins in the market have really sharpened their skills, clearly starting to take positions before the main market rebounds. You'll notice that many copycat coins are actually manipulated by short-term funds — as the main market's decline stalls, they simply close their positions and reverse to push the market up, resulting in these coins rising by 30-50%, while the mainstream market hasn't even started to move.

The logic behind this is quite tricky: once the main market confirms a rebound, the withdrawal of funds from copycat coins usually begins much earlier. In a bear market, profit margins are already limited; if you wait until the rebound is confirmed to buy in, you're likely just catching the last wave. This time lag is simply exploited by others.

Therefore, the current approach has become quite cautious. My idea is to first lock in a few solid blue-chip copycat coins with good fundamentals. Once they fall to a reasonable level, buy a small amount with tight stop-losses, and immediately exit if the situation turns bad. There's no need to fully participate in this wave; opportunities will always come later. The worst-case scenario is switching to short positions to make up for losses.

The key is to stay alert and not be blinded by the rebound's magnitude — the rhythm of capital inflows and outflows is the real signal.