The market is at a critical juncture, either soaring to new heights or undergoing a significant adjustment.

Currently, Bitcoin and Ethereum have been consolidating at high levels for 2 months, with volatility dropping to extremely low levels, while liquidity has accumulated significantly. Both bulls and bears are waiting for a clear directional breakout.

Two scenarios may emerge:

Strong breakout, initiating a new uptrend, resulting in heavy losses for bears.

Rapid decline triggering liquidations, with a significant number of long positions being closed, leading to a sharp price correction.

It is important to note that the longer the consolidation lasts, the more intense the subsequent volatility may be, so be prepared for rising volatility. Do not blindly speculate on direction; wait until the market clearly chooses a direction before taking action.

My view is: "Is the bull market back? Regardless of whether it rises or falls, (remain on the sidelines, and refrain from making hasty bullish or bearish judgments until a breakout or breakdown at key levels occurs.)"