This morning, I chatted in the group about the market and found that everyone is generally pessimistic about it. My feeling is that the hot money in this market is still receding.

It's hard to say when the turning point for the market will come, but I know one thing: as long as we keep surviving in the market, we will naturally know when the market conditions change. There's no need to carve the boat to seek the sword, nor to rely on divination or superstitious predictions about the market. Even if some teachers happen to guess correctly, they themselves may not necessarily align their actions with their words.

Most of the time, the market is a waste of time. The inertia from last year's bull market still affects most people. If one continues to use last year's investment strategies, they will face repeated failures, setbacks, and disappointments; narrative failures will become the norm, and the market will increasingly stop listening to stories.

Those who made big money last year primarily did so because they aligned with the right cryptocurrencies. This year, those who are losing big money still come from either being overly optimistic or continuously bottom-fishing, leading to losses after initially making profits; gains and losses originate from the same source.

I believe the difficulty has increased because:

1. The hot money in the market is still in a receding state; the ceiling has lowered, and being overly optimistic or chasing high prices can easily lead to losses. Even some opportunities that could originally make money can turn into losses if one bottom-fishes.

2. The connections are unclear; unlike last year, where if you grasped the connections correctly, even if you missed one, you could guess the next one or there were multiple betas to choose from. This year, the hotspots are more scattered, and capturing the connections is not as effective as precise targeting.

"The strong never complain about the environment; adapting to the market and adjusting strategies is the key."

Let me briefly talk about my own investment research strategy this year:

1. Focus on fine-tuning, invest a lot of time in research, and reduce trading frequency; focus on short-term trading; establish a good tracking sheet for your targets and fine-tune it, keeping up with the progress of some price bottom targets to guide operations. This reduces the probability of losses compared to blindly chasing hotspots.

2. Try to capture major phase hotspots and reduce pvp; there are significantly fewer phase hotspots than last year, and the difficulty of capturing them has also increased, but there are still some, such as RFC, B, Pas, labubu, etc.

[1] https://t.co/FAQaeh17gp

[2] https://t.co/97XfZbwOIH

[3]