#机构投资者采用 Year-end institutional retreat, this wave of market行情 needs to be seen clearly. Tom Lee's analysis points out the key—many large funds have been on holiday in the past few days of December, and the market is mainly dominated by quantitative robots and tax-loss harvesting. What does this mean? Volatility will be greater, but lows are more likely to occur.

For us retail investors, this is actually an opportunity. The institutional exit window often coincides with new projects launching intensively, which could increase participation. CoinShares data shows continuous fund outflows, but don't be scared—this is a market digestion period, and the cost of new interactions will also be lower.

Recommendations for the next few days: First, scan the airdrop map for projects with moderate popularity; second, prepare for interactions in advance; third, avoid FOMO chasing highs. With institutions on holiday, our retail pace should actually speed up. Wait until the New Year signals are clear before following the trend; now is the golden period for布局.