The Fed has resumed rate cuts, but the crypto market is anything but calm.

Recently, I’ve noticed that major coins are swinging widely, causing heartbeats to race, while altcoins are having a tough time—their liquidity has dried up completely, like abandoned children in the market.

Honestly, my approach at this stage is simple: don’t even think about going long; trying short positions on rallies is actually safer. The core of this judgment hinges on one thing: **whether the 4-hour EMA12 line holds or not**.

Movement above or below this line basically determines the short-term direction. If it holds, there might be some breathing room; if it breaks, that’s a signal for accelerated downside.

Altcoins are like hot potatoes right now—be extra cautious with swing trades, and don’t blindly try to catch the bottom. Until liquidity truly returns, controlling your position size is more important than anything else.