#美联储恢复降息节奏 This week's review: the idea of a Rug Pull in advance is really appealing.

To be honest, the lessons the market has taught us this week are harsh. The phrase I've been repeating—don't be greedy at high positions, withdraw when necessary—now seems not to be alarmist. The shadow of the bear has already emerged, and the probability of a downward trend is increasing.
If you carefully go through it, you'll understand. This wave of crash is not due to a single factor, but rather several unfortunate events colliding together: back in 1011, liquidity collapsed directly, and market depth seemed to evaporate; the issues between China and the U.S. started causing a stir again, making global funds suddenly timid; and then there was that electricity fraud case, where 15 billion dollars' worth of BTC was seized by the U.S. government, further stabbing the trust on the chain; plus, with the four-year cycle nearing its end, large funds have long been secretly moving out. In this situation, do you still expect new highs? Actions speak louder than words.
Looking back at this week's trading records: Bitcoin has been bearish from 96600, falling by 16000 points; Ethereum started to decline from 3250, allowing for a gain of 620 points. This is not a blind cat stumbling upon a rat, but rather aligning the pieces of the macro cycle, on-chain data, and capital movements in advance. The market has always rewarded those who can understand and take action.
The bear market train has already started, there are no ifs. The trend will not change just because you hope for it to rise. When big money starts to withdraw and the market structure begins to crack, the time window for retail investors to fantasize is already very narrow. This week, I have been emphasizing "shorting on highs, defending in advance," and now looking back, every reminder has been worth the price of the ticket.
Next week is a more critical observation period. Remember: in the first phase of a bear market, surviving is the only qualification to wait for the dawn.
$BTC $ETH $SOL