Recently, the desire to write texts has been very low, first due to the restrictions on flow, and secondly because the excess noise affects me.

In fact, at this stage of the market, individual investors' psychology is very contradictory, as there are clear reasons for movements either upwards or downwards. I have always recommended ignoring market noise as much as possible, and after deep thinking, preparing two plans to deal with the situation, and not worrying about gains or losses, just sticking to your own wisdom.
Although they are simple sentences, not everyone can understand them deeply. Just as when teachers assigned math homework during school, some students think hard, some ask humbly, some review beforehand, some derive from examples, some write carelessly, some copy answers, some pay others to write for them, and some are lazy about doing the work.
Deng Xiaoping said: Whether it's a white cat or a black cat, as long as it can catch the mouse, it's a good cat. Opening short positions or taking advantage of rebounds to make small profits is not difficult, but the challenge lies in whether there is stability in consistently making profits.
Professionalism comes from diligent work, while laziness leads to failure. It is difficult for us to earn money that exceeds our personalities and perceptions. For most ordinary players, trading currencies does not require hard work; quick investments and fast selling will only lead to a repeated reduction of our capital. Those who can achieve significant results in the world of digital currencies often have rules for survival, and they must at least know themselves and be able to control their emotions.
At this historical point where the differences are significant, regardless of whether you are optimistic or pessimistic, the best approach is to maintain a certain level of short positions, and every step must be very cautious, with stop-loss orders in place. For those buying, reducing positions at price highs is the priority, and for those selling, taking profits is the priority.
It is important to say that the current bear market is not just a stagnant pool without life; as long as there are topics for discussion and financial flows in the market, there are definitely opportunities for profit. Whether you can make a profit or not depends on your personality and abilities, not on the market's problems. If you are unable to step away from the market noise to think about yourself, the pitfalls you fell into before will resurface, and you will fall into them again.
In the past few days, the market has seen a slight recovery, and some old altcoins have started to recover a bit. There were small sentiments in the comments section, and when I read some of my friends' comments and inquiries, I really feel unsure about what I'm feeling. Maybe we are truly from human groups in different dimensions. I am tired of writing such words that calm people down, and I don't want to seem "young" and turn into a paternal figure, nor do I want to be from the old generation in the world of digital currencies.
Many friends are asking about the status of FIL, ORDI, ZEC, and DASH currencies. In fact, these questions have been addressed in many posts or in the comments section, including live broadcasts. Regarding the rise of these currencies, I don't think it was surprising; rather, it could be said that it was possible to anticipate it beforehand. However, the rise happened at this point in time, and I personally feel that it's not a good thing.
You may feel excitement or guilt due to the slight increase that these old coins have achieved by 2-3 times, or you may feel regret for missing out on the wave of privacy coins. But I will tell you honestly, I have become indifferent to these phenomena, look where these coins have fallen from? What does a sudden increase of 200-300% from the bottom mean? Although I cannot currently determine whether the market will continue, at a time when liquidity is very scarce, the main hands use the celebratory rise method to hype old coins that no one cared about, making it seem somewhat like self-entertainment.
To inform you that this statement is not a result of afterthought, I have quoted a segment from the previous live broadcast, which should relatively clearly express my views on the choice of currencies and distribution. Due to platform restriction issues, I can only quote a segment lasting less than two minutes. If you are interested, I sincerely recommend that you go to my personal page and look for the recording of the second live broadcast on this page, to see what is between 02:24 and 02:42 regarding expressions and advice related to these popular currencies.
Over the past six months, I have been increasing my time learning and growing in the world of digital currencies, and I am challenging myself to continue producing dynamic content. Therefore, regarding communication in the dynamic comments section, I expect there to be synchronous and profound communication, rather than it becoming a point to vent emotional pressure. Also, due to my discomfort with the dynamics during this period, I will gradually adjust my content production and update frequency, and I will start writing about trading psychology and trading logic.
Considering the current market trends, I tend to believe that the current phase is at the end of a good asset rotation, and BTC and ETH will continue to reach their all-time highs. If you are not hesitant to discuss the turning points between bull and bear markets, you can focus on the opportunities on the right side; however, if you place importance on market evaluation, the upward signals in these recent arenas deserve your attention. Especially since there are some unfavorable events that have emerged recently, which were also mentioned during the live broadcast, including the stability of stablecoins, the withdrawal of funds from jys, and the lending spiral in defi...
It is important for me to clarify that I do not have the ability to accurately predict the market, but I can only make preliminary assessments based on current signals, and I can only take responsibility for my position. I also hope that everyone remains open-minded and optimistic in the face of upcoming turning points, as the market is always right.
I didn't go out over the weekend, I will review the market movement during this period, let's schedule a live stream on Monday at 8 PM and talk a little ☕#加密市场观察