2025 has come to an end. For those of us who have been navigating the crypto world, this year has been a rollercoaster of highs and lows.

From a macro perspective, the Federal Reserve's interest rate cuts have indeed given the market a boost, and Ethereum's technological upgrades have also injected vitality into the market. But at the same time, we have experienced tighter regulations and sharp price fluctuations—these are the realities we must face.

Looking back at our trading strategies, the core idea is quite straightforward: focus on major assets like Bitcoin and Ethereum for primary allocation, while selectively exploring opportunities in promising tracks such as Layer2 and AI. Strict stop-loss discipline is the foundation of the entire system. The final results show a live trading win rate of over 65%, and the annualized return of the core accounts has exceeded 80%. While understanding the market is certainly a factor, the more important aspect is the strict enforcement of risk control discipline.

Of course, there are areas for reflection. Some short-term trades have indeed fallen into traps, and at times, the timing of taking profits was not decisive enough, leading to some profit retracement. These lessons are worth noting.

Looking ahead to 2026, the Bitcoin halving cycle is approaching, and tracks like Layer2 and the integration of blockchain + AI are worth paying close attention to. The plan is to continue deepening market research, upgrade the risk control system to be more detailed, and use more solid analysis and decisive execution to seize the next opportunity.

The market is always changing, but our reverence for risk must never change.