It's really time to clear out your altcoins in this wave—stop hesitating.

Continuing to hold on and fight now is just digging your own grave. The rate hike cycle isn't over yet; waiting for a real crash to cut your losses will only lead to bigger losses when it finally happens. Honestly, do you think the bull market will restart? The momentum is clearly lacking. Next year's bear market will probably last a long time.

Just look at the macro environment—market liquidity is terrible, and the entire crypto space is showing signs of weakness. The Federal Reserve's dot plot indicates only one rate cut opportunity next year, and the Bank of Japan's rate cut on December 18 didn't bring much change to the market.

From a technical perspective: on the 4-hour chart, two consecutive large bearish candles suggest that even if a stop in the decline occurs now, it will take 3-4 sideways 4-hour candles to stabilize.

What's the current strategy? Short in batches at resistance levels, as the win rate is relatively higher. Don’t fight against the market; going with the trend is the way to go.