After 1011, the recent time in the cryptocurrency sphere has generally seen an overall retreat in sentiment. The primary BSC here is mostly capped at a market value of 200,000, resembling short-lived situations under liquidity anemia, where a rally ends without succession, at most providing a window to sell, lacking the soil for narratives to grow naturally. The Sol chain is slightly better, but it can only breathe in the range of 1–10M; continuing upwards starts to lack support, funding, and the heat can break off at any moment.
As for the secondary market, there's no need to mention it; the recent malicious speculation model has begun again, first driving prices up to create a strong illusion, and then suddenly giving you a head chop when you chase in. The movement of $LIGHT is a typical example of a swift liquidation after spot clearing, if a coin has contracts and behaves like this, you should be careful—be wary of becoming someone else's exit liquidity.
From a cyclical experience perspective, the current market looks increasingly like the tail end of the bull run in 2021. After the meme frenzy in November 2021, BTC began to decline and entered a three-month winter, rebounding only in January 2022, followed by the final frenzy for altcoins. I vaguely remember $GMT skyrocketing by a hundred times during this period. If BTC experiences significant fluctuations every four months, then January to February will be a time window with odds, after which a slow winter will unfold, fully entering a bear market. Although the secondary market is unlikely to have significant movements, there is still something to look forward to in the primary market.
In this trash time, where losses increase with movement, the real strategy is to hold onto your bullets, reduce the frequency of meaningless actions, and observe more while acting less!
