What is the most common mistake among retail investors? As long as there are idle funds in the account, they rush to chase gains and cut losses. After a series of operations in a bear market, they realize — it's better to simply hold $BTC and $ETH and feel more at ease. Although these two assets are volatile, their cyclical patterns are clear, and they can always bring you back to new highs. What about those who frequently swap coins and frequently cut losses? They often never recover their peak account value.

From a macro perspective, the market focus is on the time window around May next year — which could be a cyclical high point in the market. If you want to position now, the approach is actually quite straightforward:

After the Bank of Japan raises interest rates, start building positions in $BTC, $ETH, and $BNB in batches, buying on dips, mainly with spot holdings. Be cautious with leverage, at most 2x, to maintain sustainability. Then comes the hardest part — waiting. Be patient until April next year, then decide whether to reduce positions based on the specific trend.

To put it simply, the core of spot trading is not complex indicators or frequent operations, but understanding the big cycles and controlling the rhythm. Don’t act recklessly in a bear market, don’t be greedy in a bull market, and leave the rest to time.