As a veteran who has experienced two full bear markets in 2018 and 2022, along with the baptism of key events like 94, 312, 519, and 1011, I have some personal insights into market cycles.

Recently, the rebound of altcoins seems lively, but honestly, it's just because they fell too sharply. Such rebounds are usually hard to sustain, often reversing within a few days, and then continuing to test new lows. The few short-term volatile coins I took profits on a couple of days ago are now almost back to the level where I sold them, which validates my judgment.

Having gone through several cycles, I have gradually figured out a strategy: **During bear markets, I focus my main efforts on deploying core coins with solid fundamentals and active ecosystems**. Other hot coins and concept tokens should only be heavily accumulated when the bear market ends and there are clear market reversal signals. Otherwise, if you don't grasp the rhythm well, it's easy to be shaken out.

This isn't about completely avoiding the market, but about choosing defensive assets in environments with low liquidity and high risk, so I can sleep more peacefully.