Start of the New Year, altcoins have finally experienced a strong rebound driven by the meme hype. Pepe's strength directly activated market enthusiasm, and after a long decline, such a recovery is understandable.

From the current rebound strength, it is indeed quite fierce, but risk warning is equally important — we are approaching the key resistance level at 630. For traders with heavier positions, taking profits in batches is the best strategy; greed is often the beginning of losses.

Next, we need to closely observe one question: how far can this altcoin rally go? If it can be confirmed as a weekly-level rebound, there is still about 1-2 weeks of upward space, so just keep tracking the rhythm.

Regarding Pepe's trend, several key levels are worth marking: 800, 880, 1000 are potential strong resistance zones. When approaching these prices, consider taking profits or using small positions to gamble on possible pullbacks. Never chase the high.

But here’s a cold water splash: the market's fundamentals have not undergone any substantial change, liquidity issues still remain prominent, and mainstream coins like Bitcoin and Ethereum have not strengthened simultaneously, indicating that this rebound is essentially a short-term correction of oversold altcoins plus a short squeeze. Simply put, it’s a battle among existing funds in the market, lacking effective support from new capital.

Therefore, the trading strategy should be very clear: short-term bullish, long-term bearish, take profits when available, and never mistake a rebound for a reversal. Managing positions well is more important than anything else — that is the core logic of making money.