As 2023 comes to a close, the cryptocurrency market is once again showing signs of volatility. Particularly within the Ethereum ecosystem, a noteworthy phenomenon has emerged recently: the staking exit queue has been steadily rising, while the number of new stakers has not significantly increased. Although this situation may partly be attributed to staking service providers switching wallets, it has undoubtedly impacted market sentiment.

Analyzing the current market situation, we can speculate that only after these data are fully digested, the market may usher in a new round of upward momentum. From a time cycle perspective, if we follow the traditional four-year cycle model, the next one to two months may be a critical period for this bull market.

Despite the current high market enthusiasm, this does not mean that all encryption assets will benefit. In fact, many early small encryption currencies (commonly known as "old altcoins") may have already missed this wave of increase. For investors holding underperforming assets, now might be a good time to reassess their portfolios.

In this rapidly changing market, timely loss prevention is equally important. If the cryptocurrency you hold has decreased compared to last year, you may need to seriously consider whether you should let it go. The rapid iteration characteristic of the cryptocurrency market means that each round of bull and bear cycles will eliminate a batch of projects, and timely adjustment of strategies is crucial for long-term success.

Looking ahead, if there is a significant increase in October as expected, gradually reducing positions (especially in Ethereum) according to the established plan may be a wise choice. However, if the market continues to move sideways or declines, maintaining the current positions may be more prudent. In any case, staying calm and rational is crucial in this world of encryption filled with opportunities and challenges.