On the evening of November 12th | The market is accumulating energy in calmness, how do we view this wave?

It's late at night, let's talk about the current game.

The market is still the same - primarily fluctuating, with bulls in the lead, but short-term movements are a bit too frequent. The core hasn't changed: Bitcoin is leading the way, sentiment is slowly warming up, but a real breakthrough will still take some time.

The next real heavyweight catalyst? I'm looking at June next year. Once the Federal Reserve's leadership transition drama comes to an end and the rate-cutting cycle officially begins, BTC and gold assets (like PAXG) are likely to resonate with each other. Right now, to put it simply, this period is a window for bottoming out and accumulating.

Look at the on-chain and institutional trends; the signals are quite obvious. Tether is still quietly hoarding gold reserves. What about the institutions? Over 60% indicated that they plan to increase their allocation to crypto assets in the coming months. Funds are gathering in the shadows; it's just that on the surface, the market is still in a "digestion phase" and isn't as flamboyant.

However, when it comes to risk, never let your guard down.

The AI sector in the US stock market is currently being targeted by short sellers. If the US stock market experiences another round of deep correction, the cryptocurrency market will likely suffer as well—this kind of correlation has been seen too many times. Additionally, if the situation between Venezuela and the US continues to escalate, short-term risk aversion may be ignited, and it’s hard to predict how the market will react at that time.

My thought on the operation is as follows:
Short-term players can buy low and sell high within a volatile range to catch the wave rhythm.
For friends with a medium to long-term investment strategy, continue to dollar-cost average into BTC and gold assets, and don't easily shake your positions.
Conservative players hold a small amount of coins and can increase their positions when the trend becomes clear.

In the end, the market is currently in a phase of building a bottom and climbing up; there's no need to rush. In this circle, those who run the fastest may not necessarily be the ones who laugh last, but those who can endure often live the longest. Maintain your position and keep a stable mindset, and let the trend come to you.