#机构投资者动向 Seeing the investment moves of the founder of Formula, I can't help but recall my own painful experiences of chasing highs and selling lows in the past. When institutional investors enter the market in a big way, it often means retail investors are going to be the bag holders. When they say to increase positions in Bitcoin, that's when we should be cautious; when they recommend buying low-cap coins, we need to think even more carefully. Don't be fooled by so-called "professionals"—their profits often come at the expense of retail investors' losses.

I suggest everyone stay calm and don't follow the crowd. Institutional moves can be a reference, but never blindly imitate them. Proper risk management is key: diversify your investments appropriately, set stop-loss levels, and don't put all your eggs in one basket. Remember, in this market, no one will help you for no reason. Protect your own wallet if you want to survive in this brutal market.