Market sentiment cooling down—risk or opportunity? My answer is: this is the best "mountain climbing training."

These days, the market has been moving sluggishly, and the chatter in the groups isn't as lively as before. Even the "All in" meme packs are fewer. Many people are starting to ask: Has the bull market ended?

It reminds me of last week’s mountain hike. Initially, I rushed too hard, and by halfway up, I was gasping for air, needing to stop and rest, hydrate, and check the map. The current market feels just like this "resting period on the mountain."

Cooling sentiment isn't a warning of risk; it's a microscope for opportunities.

In a bull market, FOMO (Fear of Missing Out) makes people buy anything that seems to be going up. But now, with the truth revealed, you can see clearly which projects are "naked swimming" and which ones are truly supported by fundamentals. On my own watchlist, some coins driven by hype have fallen back to their original levels, while a few projects I’ve been tracking long-term with real ecological progress are showing independent resilience. Patience and comparison now are more valuable than chasing news in a bull market.

For me, this is a good time to adjust my positions and mindset.

I reviewed my holdings, cut losses on some positions I impulsively chased at the time, and concentrated my funds on core positions I understand well. At the same time, I started to staggeredly dollar-cost average into assets that have been unfairly punished by emotions but I believe in their long-term value. This process isn’t exciting at all, even a bit boring, but I know it’s like stretching and refueling during a mountain climb—preparing for the next steeper ascent.

So, don’t fear market quietness. Making money when it’s lively, and accumulating "chips" when it’s quiet. The bull market is everyone’s celebration, but those who stay disciplined and keep learning during bear or sideways markets are the ones who will truly leap ahead in the next cycle.

What do you think? Stay on the sidelines, or have you already started secretly positioning? #深度创作营 #市场思考 #投资心态