#当前行情抄底还是观望？ Protecting your principal in a bear market is more important than missing out!

In the face of a prolonged bear market, “not losing” is more important than “gaining.”
First, you need to abandon the illusion of bottom-fishing. History shows that bear market bottoms are often lower than expected. During Bitcoin’s drop from $40,000 to $15,000 in 2022, countless bottom-fishers were deeply trapped. The current target range of $50,000–$60,000 is not the end; patience is required until clear bottom signals appear—such as three consecutive months of declining trading volume, ETF capital inflows turning positive, or the Fear & Greed Index remaining in low territory—these are safer choices.

Second, strictly control leverage and positions. During this round of sharp decline, over $199 million in longs were forcibly liquidated within 24 hours. High leverage in a bear market is like a self-destructive move. It is recommended to reduce your crypto holdings to less than 5% of your total assets, with the remaining funds allocated to cash, gold, and other low-volatility assets, waiting for a cycle turning point. Long-term holders do not need frequent trading; they can use dollar-cost averaging during the bear market, but ensure that the invested funds do not affect normal life and avoid being forced to sell due to short-term volatility.

Finally, recognize market trends. Institutional funds are gradually dominating the market, and the era of retail traders speculating with high leverage is over. Future opportunities will focus on mainstream coins with compliance advantages, technological breakthroughs, and ecological value, while altcoins lacking fundamental support may face permanent zeroing. Instead of chasing rebounds in a bear market, it’s better to deepen industry research and wait for the next cycle’s definitive opportunities.

The most frightening thing about a bear market is not the decline itself, but making wrong decisions in panic. Protect your principal, stay patient, avoid leverage, and remain calm when others panic—this is the key to surviving the crypto winter. After all, for true investors, a bear market is not a risk but a long-awaited opportunity.