The first person to publicly hold 2.6 million altcoins, confident after experiencing two bull markets.

Recently, this deep washout has indeed shaken a lot of confidence. As soon as the altcoins started to emerge, they were crushed by ETH's bloodsucking, and sentiment was once close to the brink of collapse. But don't forget — this is precisely the stage in a bull market where it is easiest for people to lose control, and it is also the critical test of composure.

Bitcoin is currently hovering around $110,000 to $120,000, in a large-scale central oscillation structure. On the surface, it appears calm, but in reality, there are undercurrents: each round of decline has selling pressure, but there is always large capital supporting it. This is not a crash, but institutions are washing the chips, and the main force is accumulating.

The signals from the capital side are actually very clear: although the market is sluggish, the chips are quietly changing hands. The main rising wave of a bull market has never been a straight surge but is completed through sharp rises and falls for cleansing and reconstruction.

I still insist on a core view: **September's interest rate cut is the turning point, the main rising wave starts in October, and a possible peak may be seen in mid-November.** Every drop right now is “forcing you to give up your bottom chips.”

ETH has recently seen a rebound in volume, indicating that the main force is adjusting positions, preparing for the next round of market movement. Although the altcoins have suffered a severe decline, this is precisely the source of opportunity — panic is an inevitable stage of the market, and it is also the largest value range.

The strategy I insist on has never changed: **buying at the bottom, holding for profit.** Currently, the altcoins are in the final stage of high position chip release, and once capital refocuses, the explosion will be sudden.

I still have high hopes for DOT and FIL. Not out of sentiment, but based on the deep divergence between “value and price.” These types of long-silent, marginalized high-quality assets often show the largest rebound at critical points in the market.

A closing statement for friends who are still hesitating: if you sell, you fear it will soar; if you don't sell, you fear it will drop further. But those who truly make big money are never the ones who time the market perfectly but are the ones who can hold onto the trend.

In a bull market, deep corrections are not to be feared; what is to be feared is that you give up your chips when you are closest to an explosion.