In the short term, it looks a bit pessimistic again, but based on my contrarian emotional indicator, a market move might be coming, haha.

Currently, liquidity is all in the US stock market, and the top trading volumes on exchanges are all stocks. I don't think this is a bad thing. Crypto does have its significance; it's just that we happen to be at the bottom of the cycle right now. With Futu Tiger clearing out and CRS taxation, a lot of funds from outside the crypto circle are coming to exchanges to trade US stocks. Previously, there was a threshold for these funds to buy crypto, but after developing the habit of using USDT to buy US stocks, it becomes much easier to trade crypto later. This means that when the next crypto cycle comes, there will be more capital flowing into the crypto space, with a larger volume of funds than in previous bull markets. So, I am more optimistic about the upcoming crypto bull market; just be patient and wait.

The essence of trading is balancing your own greed and fear, and controlling your emotions. Buy in fear, sell in greed.

eth is really strong, probably there's some explanation

OKB used for copy trading cannot participate in staking, which is not very friendly to me and has wasted a lot of money.

Recently, trusts have been taxed, and the previous CRS taxation is also beneficial for the crypto space because these are areas that currently cannot be traced. Moreover, it will definitely become difficult to exchange for USD in the future. Right now, it's best to have your assets in USDT or US stocks; crypto is more comfortable.

I've been trading for 7 years and looking back, I only succeeded twice. The first time was in 2020 when I went all-in on Bitcoin plus off-exchange leverage, earning my first pot of gold. The second time was going all-in on OKB, from 40 to making 240 dollars. All other trades were unnecessary, just messing around and paying trading fees. Without those chaotic trades, my returns would have been better. Of course, I only realize this now—just a few trades per year are enough. Find a target with a big enough trend, trade time for space; this is probably the simplest way to trade.

Rebalanced the portfolio. Currently, the highest certainty for the next bull market is eth, with a higher ceiling than btc and more certainty than other coins. Previous positions were btc, eth, sol, okb, usdt Now all other positions have been adjusted to eth and okb. Holding 20% U to cope with extreme market conditions. Staking eth to earn yield and endure the bear market.

This market is so tough to endure, I don't want to complain anymore. No one is making money, so talking more is useless. Let's wait for the opportunity, and then let the profit data speak for itself.

Risk and Opportunity Trade-off This trend is tough for the bulls; sometimes you can't help but doubt yourself. Whenever I hesitate, I ask myself again what the original logic was for buying in, whether that logic has changed now, then I chat with Gemini to verify, and once confirmed that everything is fine and my investment strategy is sound, the next step is to leave it to time—using time to gain space. Sometimes I also hesitate whether to fully or partially exit to reduce costs. But such actions conflict with my understanding. If I am optimistic about an asset and it rises as I expected, but I’m not on board, I think that’s the most painful thing. It affects my trading mindset, which I value highly. Only with a calm mindset can I operate; otherwise, I have to stay away from the market to calm down first. Matching cognition with action is essentially the process of eliminating "cognitive dissonance." Since I believe in the long-term logic of the asset, holding the position is the strongest way to practice that belief. #ETH