Lately, I've been closely watching market data, and it's quite interesting. Bitcoin's decline in the fourth quarter is nearly 24%, and Ethereum has dropped over 30%, almost breaking the worst historical record at this speed. The on-chain selling pressure is still there, which is indeed a bit frightening.

But honestly, I’m not panicking.

Why? Because this is exactly the rhythm I predicted earlier. Short-term market pressure is inevitable—I’ve seen the risk release from on-chain data early on. Such a sharp decline—what does it indicate? The bubble is being squeezed out. Under these circumstances, the space for a genuine rebound can truly open up.

History has a voice. Remember 2018? After that round of sharp decline, Bitcoin still surged to new highs. As for this round of shakeout, my understanding is that the market is making room for the real smart money. Sentiment is already in place, and the bottom signals are becoming clearer.

Don’t get thrown off just by the percentage decline. I dare say, a market recovery next year is highly probable. The only thing to do now is to monitor on-chain movements, stay observant, and find the right rhythm. The colder the market gets, the more we need to stay warm—these times often test patience the most and are the best to validate one’s vision.

Let’s guard this opportunity together.