The Fed's second round of liquidity injection has already begun, and the intensity will only get stronger.

Remember the wave in March 2020? The pandemic struck suddenly, and the Fed directly flooded the market with liquidity, resulting in an epic bull market. Everyone made a fortune.

But this time, things are different.

BTC and ETH have long been heavily locked by institutions, and the distribution of chips has completely changed. Institutional players hold a large amount of spot holdings, so they are not afraid of this volatility. Once the market starts moving, the gains won't be just simple fluctuations—basically, it's a short squeeze. Retail investors can't hold the long positions and can only be squeezed out.

Some people try to create panic, manipulate the rhythm, and influence market sentiment? It’s pointless. The real influence lies with the chips, and those chips have already shifted into the hands of institutions.

Our strategy is simple: if you have cash, keep it; if you have positions, protect them well. Reduce leverage when needed, add to positions at low points. Keep a steady mindset.

Closing positions too early results in small losses; closing too late results in big losses. This is easy to calculate. The so-called short alliance? It’s long gone. What’s left in the market now is all emotion.

Waiting for this moment.