After years of battling in this market, I gradually understand a harsh reality: the market is never gentle, and it’s ruthless to everyone equally.

When it rebounds, everyone cheers; when it falls below the bottom, panic sets in. Traders who can walk away unscathed are truly rare.

Those who are deploying at the bottom are now going through the toughest moments. The candlesticks are wildly swinging, news is full of negative information, and their minds are in chaos. Yet they have to grit their teeth and stick to their judgment. This feeling, I tell you, is incredibly painful.

Where is the core issue? It’s because liquidity is too thin. The market is so fragile that a small shift in funds can drag the price around. A piece of good news in the morning pushes the market higher, allowing you to make a small profit; by the afternoon, a piece of bad news hits, and your gains turn into deep losses in the blink of an eye. This contrast can shatter anyone’s mindset.

So I must earnestly advise everyone: avoid leverage. Currently, the support levels at all price points are as fragile as paper, easily broken through with a light touch. The outcome is often an instant liquidation.

If you are holding spot assets, the only thing you need to do now is: "Hold your ground."

Never get carried away by a small rebound and impulsively add leverage to buy the dip. Also, don’t be scared by short-term declines and rush to cut losses and run. I’ve fallen into this trap myself—adding leverage during choppy markets, only to get wiped out by a small correction, suffering significant losses.

The more chaotic the market, the more it tests patience rather than courage. Follow your own rhythm, don’t set your target as high as the ceiling, and don’t let market sentiment hijack you.

"Buying on dips" sounds simple, but actually doing it is as hard as climbing to the sky. You need to withstand fear, endure volatility, and most people can’t hold on. I’ve learned this lesson through repeated failures: at this moment, maintaining your mindset is more valuable than any skill.