Starting from an average price of $87,000, I have accumulated a spot position of 49 BTC. As the price continues to decline, I will keep building the position, based on my judgment of the subsequent trend.

When the price was above $110,000, I set a stop-loss and sold according to the MA200 moving average. However, after the price fell below $90,000, I bought back all of that position. This operation reflects my view of the current price range—between $80,000 and $90,000 is very likely a bottom consolidation zone.

From a macro cycle perspective, interest rate cuts and QE liquidity releases often drive a surge in liquidity-sensitive assets like BTC. The candlestick patterns are just surface indicators; the real factors influencing the market are often hidden outside the candlestick charts.

I have also considered contingency plans for extreme situations. If $80,000 is not the bottom and the price drops to $70,000, that would only be a 20% decline, leaving limited room for further downside. Unless a black swan event occurs, it’s unlikely to break through significantly lower levels.

I have already reserved enough living expenses for 10 years, holding BTC in spot form, waiting for wealth freedom to be realized. This process requires enduring psychological tests such as price volatility, account drawdowns, and unrealized gains and losses.

Based on past experience, I have previously heavily invested in projects like AI16Z, Swarms, Trump, during the AI boom, each experiencing over 50% retracement. For example, Trump suffered a 50% loss within five seconds of purchase, and during the cooling of the AI craze, related Meme coins evaporated millions in market value in a short period. Compared to these experiences, BTC’s volatility is actually more controllable.

This time, my heavy position is in Bitcoin, and the timeframe I set for myself might be on a multi-year scale. The core goal this time is essentially the compound interest of time and patience.