#市场周期与投资策略 Seeing this set of data from the Brazilian crypto market reminds me of a recent experience of a friend who is an investor. They have shifted from simply chasing gains to diversifying their assets — this change is exactly what we see reflected in the Brazilian market. Behind the 43% activity growth, what comforts me most is not the numbers themselves, but the maturity of investment concepts.

Did you notice? 18% of investors have already started diversifying their holdings, and trading volume in stablecoins has grown to three times that of last year. What does this indicate? It shows that in times of macro uncertainty, more and more people are learning to protect themselves — not putting all their chips in one basket. Even professional institutions like Itaú recommend allocating 1%-3% of a portfolio in Bitcoin as a hedge.

Market cycles are like the four seasons; the prosperity of spring can easily make us forget the risks of winter. The greatest test at this time is whether we can stay sober amid enthusiasm. Rational position management, diversified asset allocation, and long-term conviction — these seemingly simple principles are the steady way to navigate cyclical fluctuations.

The evolution of the Brazilian market tells us that mature investors do not predict the market, but respect its rhythm and manage risk with scientific methods.