Every cycle leaves new opportunities. Instead of dwelling on the current market downturn, it's better to think ahead about the layout for the next bull market. Here are several directions I’ve observed worth paying attention to.

**First Choice: Bitcoin**
This is the most fundamental logic. Regardless of which cycle or stage we're in, BTC remains the core underlying asset. Holding it long-term is enough.

**Second Choice: Ethereum**
Ethereum performed relatively calmly in this bear market, but precisely because of that, it’s worth positioning. My judgment is that it will likely dip again near 1000, which would be a very comfortable area to build positions. Starting a dollar-cost averaging from 2000 makes risk more controllable.

Why are we optimistic about ETH’s next cycle? The previous rally was too strong, overextending many expectations in advance, leading to collective disappointment this round. But history tells us that this kind of collective pessimism often creates the biggest fertile ground for optimism. If it truly dips to around 1000, a rebound above 15,000 isn’t impossible—that’s a 10x space.

**Third Choice: CRCL (US stock concept)**
My psychological bottom range is between $30 and $50. If it really drops to this level, it’s like gaining a potential ticket to surge tenfold upward.

**Fourth Choice: TRUMP Token**
TRUMP doesn’t have much chance this round, but it has significant imagination for the next one. Assuming Trump smoothly passes the midterm elections and continues to govern until 2027–2028, this token could be one of the most explosive memes in the next cycle.

The logic is quite straightforward: First, the bear market will push the price down to a sufficiently low level, possibly around $1, effectively halving the price ten times; second, the token isn’t fully unlocked yet, so there’s no strong motive to pump it, and we must wait until the unlock is complete and whales fully rotate; third, with full circulation, super-low price, and endorsement from the current leader, this combination is highly imaginative. It might truly ignite in the next cycle.

**Fifth Choice: Binance Ecosystem Tokens**
The listing of spot trading is basically within expectations. As long as a leading exchange maintains its top position, the main meme within its ecosystem will likely perform well in the next cycle.

**Sixth Choice: Fartcoin**
The vibe of meme coins is critical. This project has a pure vibe, which won’t perform poorly in a bull market.

**Seventh Choice: Useless**
The leader in the nihilism sector. Has a complete narrative logic behind it, based on my long-term observation of such assets.

**Eighth Choice: HYPE**
Supported by fundamentals, a compelling story, and community consensus, projects like this often become focal points in the next market rally.

**Ninth Choice: Polymarket (expected token launch next year)**
The narrative of prediction markets is very strong. Once the token is launched, it will inevitably attract market attention.

**Tenth Choice: Pump**
Mainly depends on how the competition among launchpads evolves. If it can maintain its top position in the next cycle, the project’s upside potential will be substantial.

These are the core targets I will gradually deploy during the bear market cycle. Each judgment is based on observations of market cycles, project fundamentals, and sentiment, but final investment decisions should be adjusted according to your own risk tolerance.