Warren Buffett once said: Be greedy when others are fearful, and be fearful when others are greedy.
The recent market is indeed hard to endure.
Gold rises, crypto falls; when gold falls, crypto falls even harder. This trend of 'falling but not rising' is indeed torturous. I have also seen many people say: crypto is finished.
To be honest, I have no insider information, and like you, I'm just an ordinary person in this tumultuous wave. I cannot predict whether the K-line will rise or fall when the sun rises tomorrow morning.
But I am more accustomed to finding some anchors in the noise, even if they are not conspicuous:
Binance's substantial 'support'; today Binance released an open letter to the crypto community stating that it plans to convert $1 billion of its SAFU stablecoin reserves into Bitcoin. This strategic repositioning carries more weight than any verbal call.
The rational voice; CZ was very candid in the last Binance Square live broadcast, saying no one can predict the market for the next three to four months—not even the president. But he firmly believes that $200,000 will eventually come, and there is no visible top.
The resilience during fluctuations; veteran investor Cathie Wood also mentioned in a recent FOX interview that the range of $80,000 to $90,000 may indeed be the current consolidation zone, and the long-term outlook remains bullish.
Of course, we cannot avoid the shadows before us. The Fed's leadership change, the turbulent US-Iran situation, and the threat of government shutdown in the US—these uncertainties hang over the market like the sword of Damocles.
The prices in the short term are essentially unpredictable. The most torturous part of the market is not the steep falls, but the kind of slow decline that wears down patience like a dull knife cutting flesh. It is waiting, waiting for everyone to surrender their chips.
But I always believe that stable forces will eventually reveal themselves. As a high Beta asset, cryptocurrencies inherently carry the gene of 'extreme repression followed by extreme explosion.'
Every moment of suffering now is building strength for future breakthroughs. But the premise is that we must first survive.
Please stay away from high leverage. In this wave of decline, countless high-leverage buying positions were forcibly liquidated, becoming fuel for the crash. I have always held the view: to hold those truly valuable assets; even a little gamble on junk coins seems overly extravagant at this moment. Do not let your faith in the future ultimately become the scythe that others use to harvest you.
To be honest, I am also enduring, I am also waiting. In this circle, being able to get through the cold winter together and see the next dawn is itself a great victory.
Bear markets are hard to endure, right?
But it is precisely because it is hard to endure that the scenery after getting through it is worthwhile.
