The recent market movements have really left people speechless. Yesterday, it looked like the market was picking up, but then it was pushed back down. For spot investors, these small fluctuations don't have much impact, but if there's a major crash or surge, the situation would be completely different. However, based on current signs, the probability of such extreme market conditions occurring isn't high. The market seems to be controlled within a very delicate range, and the longer this range is maintained, the more time some large funds have to position themselves.

The debate about entry timing has always been intense. Some say it's not suitable to enter now, while others believe in sticking to dollar-cost averaging. But honestly, no one can give you a 100% correct answer. DCA strategies can help you average out costs and reduce risks, but they don't eliminate risk entirely. Those claiming to have definitive answers in trading are often the least trustworthy. The most reliable approach is to control your position sizes and leave room to handle various situations.

The wave of market activity at the beginning of the year was quite strong; I didn't expect a pullback now. The most memorable moment was a friend opening a short position at around 3000 on Ethereum, but he couldn't withstand the losses and had to cut his position. A few days later, the market really did fall back. That's the irony of the market. Those who recklessly go long at this level are likely to end up trapped.

Currently, the market is in a highly chaotic state. It's recommended to stay away from high-risk operations for now. With the Spring Festival approaching, instead of staring at the K-line, it's better to rest and prepare for going home.

The sideways trend is expected to continue for quite some time. The biggest test during this period is patience—don't get angry over short-term fluctuations, and avoid impulsive decisions. Spend more time with your family; that's much more worthwhile than watching the market.

Happy New Year, everyone.