The practice of a bear market, the test of a bull market

A bear market is the most profound lesson the market teaches traders.

It wears away your arrogance and strips you of your conceit; it punishes your laziness and luck, tearing apart those trading habits you have packaged as “beliefs.”

In the shadow of a bear market, you will ultimately realize: risk management is never a multiple-choice question, but the bottom line for survival; cash itself is a type of position strategy. Patience is the sharpest weapon to traverse cycles. The anxiety of missing out is sometimes indistinguishable from the pain of making wrong moves.

But most people overlook a truth: a bull market will never directly reward those who have “survived the bear market.” It is more like an ultimate test — to check whether you have truly ingrained the lessons of the bear market into your very bones.

After all, the feast of a bull market can easily make one lose their way: when the rise is unstoppable, you will once again consider yourself a genius; when profits are within reach, you will repeat the mistakes of carelessness; watching the K-line soar, you will firmly believe in the myth of “only up, never down”; when greed takes over, you will abandon profit-taking, hoping to “earn enough in one go”; when envious of others' gains, you will be unable to resist chasing highs and selling lows, fearing to miss the so-called “wealth express.”

The essence of the market has never changed; what has changed is the mindset of traders. Only in a bull market, if you still adhere to the discipline forged in the bear market — what you earn is not just numbers, but the capital that can stay long on the table. $BTC $ETH #美国非农数据超预期 #BinanceABCs #巨鲸动向 #ETH走势分析 #美SEC推动加密创新监管