This year, I noticed an interesting contrast while watching the market: precious metals have crazily broken through historical highs, while Bitcoin's annual line may end in the negative. When the two charts are placed together, the story becomes clear. Gold is running on a safe-haven logic, and the market has temporarily treated BTC as a "dollar exposure asset." However, if you dig deeper, you'll find that their underlying core is actually the same — both are a vote of no confidence in the existing monetary system.

After understanding this, I changed my strategy. Instead of watching Bitcoin for a rebound every day, it's better to focus my energy on a more practical question: when liquidity really returns to the crypto space, how many chips do you have in hand?

VC collapsed, altcoins exploded, and many people's accounts are gone. Everywhere in the market, there are voices saying "waiting for the wind to come," but not many have truly thought about how to survive until that moment. My approach is to systematically accumulate stablecoins and then participate in various yield protocols. The benefits of doing this are obvious: even if the market continues to move sideways or even dips, the assets are still growing slowly but steadily. While others are still struggling with their principal, I have already put my money to work.

After going through several cycles, I have come to understand a principle. Market recovery is always just a matter of time; the key is not the time itself, but whether you have the capital to sustain until that day. In this bear market, stability is not about passively waiting, but rather an active strategy of taking initiative.