The recent situation in the crypto world is indeed quite interesting. When the non-farm payroll data was released, Bitcoin responded with a 37% correction, causing many in the market to become nervous. But at the same time, some voices pointed out that the three major cryptocurrencies all showed bullish signals simultaneously, which left many investors a bit confused—how should we interpret the current market? Which coins truly have potential?

Let's first look at the situation with altcoins. Recently, altcoins experienced a 21-month golden cross. What does this mean? Taking 2023 as an example, a similar long-term golden cross appeared in altcoins back then, which was followed by a significant rally. During that period, a number of small-cap coins saw gains of 5x, even 10x. So, the main implication of this signal is that the mid-term trend of altcoins is shifting from sideways consolidation to an upward channel, and once this trend is established, it often lasts quite a while.

However, there's a common trap many people fall into here. It's not enough to just see a golden cross and then go all-in on altcoins. Only those coins with real application scenarios, reliable teams, and active trading volume can truly benefit from this signal. Coins with no practical use—so-called "shitcoins"—even if they show a golden cross technically, are essentially just "false signals" designed to lure buyers, and they are likely to trap investors at the end.

Now, let's look at Bitcoin. As the "cornerstone" of the market, Bitcoin's annual golden cross almost determines the overall market trend. The last time Bitcoin experienced an annual golden cross was in 2024, after which the market entered a year-long bull run, with Bitcoin rising from 80,000 to 126,000. The current 37% correction may look quite alarming, but compared to the previous two corrections, its nature is the same—it's a normal "shakeout" during a bull market. The purpose of this shakeout is clear: to clear out the latecomers who followed the trend earlier, and to shake out the weak-handed investors, thereby accumulating strength for the next upward move.

From this perspective, the key is not simply chasing the rally or cutting losses, but being able to identify which signals are genuine buying opportunities. The golden cross in altcoins is indeed worth paying attention to, but only if you can discern whether the coin truly has value. Although Bitcoin's correction is large, historical patterns show that such shakeouts are often the prelude to even greater gains. The challenge is to have patience and to manage risks properly.

Overall, the current market presents both risks and opportunities. Don't be scared by short-term fluctuations, but also avoid blind optimism. Focus on coins with solid fundamentals and technical signals, and deploy your positions gradually. This approach will increase your chances of success.