Yesterday during the live broadcast, I coordinated defensive buy-in operations around Bitcoin dropping to 96,200 and Ethereum near 2,280, and the results look good so far, as the decline seems to have been halted.

Looking back, the reasons for this round of decline are quite complex. It seems like everyone was clearing out their positions at the same time, and no one dared to bottom fish. All of this is influenced by the uncertainty in US monetary policy.

Whether it's the Federal Reserve's new nominee Karen's hawkish monetary stance, the US government shutdown, or the fermentation of issues in October and November, none of these seem sufficient to trigger a global financial market crash. Just looking at naked candlesticks without considering economic, military, and historical analysis is irresponsible.

The game between East and West, especially the ideological struggle with the leftist governance approach, the strengthened control over resources and energy. The two monetary reservoirs—Bitcoin and gold—along with the mid-term elections in November, suggest that I believe: 1) everyone should not panic; this is not the end. Control your positions and start gradually accumulating. Let others get liquidated, and we build positions steadily. Enter in batches. This round, we only buy mainstream coins, platform tokens, and some ETFs expected to perform well, because even if the bottom consolidates in the second half of the year, many altcoins won't rise again.

The next bull market will definitely be driven by more formal policy stacking and stricter regulation. The tokenization of US stocks and precious metals, i.e., RWA, is gradually enriching the market with more targeted products. In the future, on-chain "dog fighting" will likely become rare, and we won't see altcoins flying wildly anymore. The future looks promising, not because of blockage, but because the November mid-term elections will surely bring another surge in the financial markets. The final dance of Bitcoin needs capital and funds to support it. Elon Musk is also shaking hands with Bitcoin again. This year will definitely not be dull. Watch the whales on-chain open long positions again.

Even at this position, holding spot positions doesn't matter much. Even if Bitcoin drops to 50,000, it’s just giving us cheaper chips. Ethereum will be fine, rest assured. It will take off by the end of the year at the latest, as it’s the infrastructure that cannot be replaced at the moment. I think even if the US stock market crashes on Monday, it won't break 67,000. The extreme could be around 71,700 before a rebound begins, or the recent low won't be broken again. I predict a rebound to around 88,888 in February with continued consolidation, and after May, a deep bottom around 53,200.

It's definitely not the time to bottom fish. I suggest everyone trade with a short-term mindset. For example, with Bitcoin, set a stop loss of 200 points and aim for a profit of 500 points, gradually reducing positions cautiously. Be careful with your trading. Do not use Martingale averaging in batches. Spot trading doesn't matter much; the variables are too large recently. Be cautious—it's the key to longevity. Later, I will update some levels, so everyone must pay attention to safety. Keep some useful positions for mid-year consolidation and bottom-fishing later.