No need to be overly pessimistic; bottoming out in a bear market is an opportunity.

Lately, many family members have swung to extremes in their mindset—blindly raging bearish, driving expectations for this round of pullback’s decline to the max, convinced that the downtrend will continue to plunge and that there’s no bottom to be found.

In Zhixia’s view, friends who think this way are mostly new-generation crypto traders. You have only fully experienced the super bull market from 2023 to 2025. You’ve gotten used to the kind of bonus where you can casually chase meme coins for 100x gains on short timeframes and where small-cap targets can double with ease. You’ve enjoyed the frenzy of one-way uptrends in an immersive way, but you’ve never truly experienced the brutality of a real major bear market firsthand. As a result, you lack a genuine understanding of the market’s cyclical harshness.

Truly懂周期 (understanding cycles) veteran players all know that 2022 was the real, hell-level bear market. In the second half of that year, the on-chain market was utterly dead silent. Across the whole market, there were only 3 high-quality assets that could reliably hold a 100M market cap. Even projects with a 50M size were few and far between. Most coins spent the long term moving sideways and bleeding lower, with no liquidity at all—there was basically no arbitrage opportunity.

Looking back at the current market, everyone really doesn’t need to be overly anxious. Just the last two months of sideways pullbacks in July and August—overall on-chain total volume, the number of active projects, and capital liquidity have all far exceeded the overall levels of the second half of the 2022 bear market. Compared with historical extreme conditions, the follow-through strength and market resilience of this adjustment are already far beyond expectations. In reality, the market has already given plenty of opportunities and breathing room.

Many people are stuck in a misconception right now—obsessively trying to guess the lowest point, hoping for the deepest possible drop, and denying all market action with an extremely pessimistic mindset. But Xia Zhi, who has been deeply involved in the crypto world for many years, wants to tell everyone: the biggest feature of the crypto market is that it never lacks opportunities. The rotation between bull and bear markets is a constant rule of the market. Darkness is always temporary.

There is no such thing as an eternal sideways grind, and no permanent bottoming consolidation. Every round of deep bear-market adjustment clears out bubbles and washes the trading chips, laying the groundwork and ammunition for the next bull market.

The market today is in the most grueling, most torturous bottoming phase before dawn. Choppy fluctuations and low morale are the norm at this stage. You don’t need to trade frequently here, you don’t need to blindly bottom-fish, and you definitely don’t need to be extremely bearish.

All subsequent comeback profits and trend dividends have one eternal prerequisite: first protect your principal, and stay alive. Get through this dark consolidation and shakeout period, hold your position steady and keep your mindset stable. When the market turns, that’s when we have the confidence to firmly catch the next round of full-market rebound.

Cycles never fail patient traders. We’ll wait for spring to bloom—together, we will hold the base and welcome the breakout#美国存储股延续跌势