$BTC $ETH In the world, nothing surpasses cycles. Cycles are irreversible; heroes rise with the trends, and the curtain falls on heroes when the trend is gone. When the trend rises, dragons and tigers gather; when the cycle ends, the winds and clouds settle.

Raising pigs has its own cycle, and both humans and animals have life cycles. Industry development and the rise and fall of dynasties go through stages of prosperity, decline, recession, and recovery. The essence of economic cycles is the relationship between supply and demand.

The first decade of the cryptocurrency market's boom is over, and the coming year will only become more challenging.

The current market is already at the end of a bull cycle. Risk control must be the top priority; grasping the market rhythm is essential. There is nothing new in the cryptocurrency world; each time transitions from trend to fluctuation, and then back to trend. Fluctuations can be divided into early, middle, and late stages, while trends can be categorized into main declines and main increases.

Currently, we have just experienced a fluctuation breaking down from above 90,000, transforming into a downward trend. I personally see two possibilities: one is that the main declining trend continues, and the other is that we are in the early stage of fluctuation. The early stage of fluctuation will gradually evolve into the late stage, where the direction will ultimately be a fluctuation upwards from the bottom or a continuation downwards.

The market is unpredictable. If it goes upwards, how many chips can be accumulated in such a short fluctuation period? If it continues downwards, will it not always go down? Shouldn't the corresponding operation wait until the late stage to make a breakthrough and catch a wave of the trend? Or should we short at high pressure points, which might provide a higher win rate? Why do we get so anxious when watching the market?