#美联储降息 The Federal Reserve's 25 basis point rate cut has been implemented, but the market's reaction has been somewhat lukewarm—both the stock market and the crypto space are oscillating back and forth. Some are beginning to wonder, has nothing really changed this time? Instead of messing around, is it better to just go flat and earn interest? This question has indeed been circling in many people's minds.

On the surface, after the rate decision met expectations, the market entered a calm phase. There’s a mistaken impression that liquidity has been released, but the actual trend remains indecisive.

Long-term oscillations can be psychologically exhausting. Many believe: a bear market just means losing more the more you tinker; better to clear out and stay flat. This line of reasoning sounds plausible, but my judgment is different. This cycle is far from over, at least until Bitcoin re-falls below $80,000, the trend is still in a recovery stage. And the most brutal part of this recovery is that it will shake out a large number of retail investors.

It’s easier to handle big drops—just hold on and you’ll turn things around. But sustained consolidation? Coupled with repeated shocks from various negative news? That’s the real test of patience. Many people's mental state collapses first in this seemingly endless stalemate.

Stick to your own judgment, and let's get through these most trying days together.