#加密市场回调 Cryptocurrency Pullback: Opportunity Signals in Risk

Cryptocurrency pullbacks are not the end of the market, but rather the norm of cyclical fluctuations. Taking Bitcoin as an example, there have been multiple instances of over 20% pullbacks since 2023, yet each time they have alleviated bubbles after panic selling, paving the way for subsequent rebounds.

During pullbacks, it is essential to distinguish between short-term fluctuations and trend reversals: if the fundamentals remain unchanged—such as the approaching Bitcoin halving cycle and the expansion of the Ethereum Layer 2 ecosystem, pullbacks may present an opportunity for positioning. Risk can be controlled through “gradual accumulation + stop-loss settings,” for instance, by entering in 3-5 batches and setting a stop-loss line for each batch at 10% below the purchase price.

For mining investors, it is even more crucial to keep track of the accounts during pullback periods: if the cryptocurrency price falls but electricity costs remain fixed, one can suspend inefficient mining machines to reduce losses and restart them once the price rebounds, avoiding excessive cash flow consumption during the trough.

Remember, the cryptocurrency market is never short of volatility; what is lacking is a rational strategy to maintain composure amidst fluctuations—pullbacks serve as both a litmus test for risk and a challenge for investors' cost control and patience.