Recently, my desire to write has been very low. First, my traffic is limited and the comment section is under risk control. Second, there is too much noise, which affects me.

At this stage of the market, retail investors' psychology is quite contradictory because there are clear reasons for both upward and downward movements. It has been suggested to ignore the noise in the market as much as possible, and after deep thinking, to prepare two response plans accordingly. Don't be overly concerned about gains and losses; just stick to your own judgment.
Although it is just a few simple sentences, not everyone can understand them deeply. Just like when teachers assign math homework during school, some people think carefully, some humbly ask questions, some prepare in advance, some draw inferences from one instance, some answer hastily, some copy the answers directly, some pay others to write for them, and some lazily do not do the work.
Deng Xiaoping once said that it doesn't matter whether a cat is black or white, as long as it can catch mice, it's a good cat. It's indeed not difficult to short-sell or catch a rebound to earn some small profits; the challenge lies in whether there is stability in making continuous profits.
Diligence leads to excellence while idleness leads to waste; it is difficult for us to earn money beyond our own character and understanding. For most ordinary players, trading cryptocurrencies does not require too much diligence. Frequently trading by chasing highs and selling lows will only reduce our principal continuously. Those who achieve significant results in the crypto world often have their own survival rules; at the very least, they need to understand themselves and be able to control their emotions.
At this significant historical crossroads with considerable divergence, whether bullish or bearish, the most reasonable approach is to maintain a certain level of short position, and to be very cautious with every action, ensuring proper stop-loss. For those going long, reducing positions at highs is a priority, and for those going short, taking profits when the opportunity arises is a priority.
Objectively speaking, the current bear market is not a lifeless pool; as long as there are topics and capital flow in the market, there will definitely be opportunities to make money. Whether one can make a profit depends on personal character and ability, rather than being attributed to market issues. If you cannot step out of the market's noise to reflect on yourself, the pitfalls you have encountered before will only repeat, and you will fall into them more and more.
In the past few days, the market has shown a V-shaped reversal, and some well-established altcoins have slightly warmed up. The little emotions in the comments section have resurfaced. As I read some friends' messages and inquiries, I truly don’t know what to feel. Perhaps we are indeed in different dimensions of people. I am already tired of writing this kind of comforting text. I don’t want to become overly paternalistic at a young age, and I definitely don’t want to become an old-timer in the crypto world.
Many friends are asking about the situation of coins like FIL, ORDI, ZEC, and DASH. In fact, these questions have already been discussed in many posts, comments, and even live streams. I don't find the surge in these coins surprising; in fact, I would say it was predictable. However, I personally don't think that the surge happening at this particular time is a good thing.
You may feel excited or guilty because of the mere 2-3 times rise of these old coins, or you might regret missing out on the frenzy of privacy coins. But I honestly tell you, I have become indifferent to these phenomena. Just look at where these coins have fallen from? What is the significance of suddenly pulling back 200-300% from the bottom? Although I cannot judge whether the market can sustain for now, at a time when liquidity is so depleted, the main players seem to be somewhat indulging in their own amusement by driving up these forgotten old coins in a doomsday celebration manner.
To show you that this judgment is not hindsight, I have excerpted a segment from a previous live stream, which should relatively clearly express my views on coin selection and layout. Due to platform restrictions, I can only excerpt a segment within 2 minutes. If you're interested, I sincerely recommend you go to my dynamic homepage, look for the recording of the second live stream on this page, and check out the statements and suggestions regarding these well-established star coins from 02:24 to 02:42.
In the past six months, I have been increasing my time spent learning and growing in the crypto space, and I have required myself to continuously produce dynamic content. Therefore, regarding the communication in the dynamic comment section, I look forward to a frequency and depth of communication rather than becoming a release point for emotional pressure. I will also gradually adjust my content output and update frequency due to the disturbances of dynamic content during this period, and in the future, I will write more about trading psychology and trading logic.
Considering the current market trend, I tend to believe that we are currently in the end rotation phase of quality assets, and BTC and ETH will continue to reach ATH. If you are not fixated on the narrative of bull-bear turning points, you might want to focus on the opportunities on the right side; however, if you prioritize bull-bear judgment, the signals from these few doomsday battlefields rising are worth your caution. Especially lately, there have also been some concerning minor anomalies, which were mentioned during the live broadcast, including stablecoins de-pegging, certain tea jys withdrawing, and defi staking spirals...
It should be noted that I do not have the ability to accurately predict the market; I can only make directional judgments based on existing signals, and I can only be responsible for my own positions. I also hope that everyone maintains an open and optimistic mindset to face the upcoming turning points, after all, the market is always right.
I didn't go out over the weekend, I will organize the market situation during this period again. Let's schedule a live chat on Monday night at 8 o'clock ☕#加密市场观察