Trading without following the bull and bear mindset might actually be better. Recently, Bitcoin has started testing the bottom again, and everyone is panicking. I personally think it might not crash too badly this year; at least it will likely maintain a consolidation trend. But next year is hard to say. Without major positive catalysts, it’s unlikely for Bitcoin to break its all-time high. From now on, we shouldn’t trade based on the bull and bear mindset, because liquidity in the future will definitely become more dispersed. Returning to the state we had at the end of last year will be very difficult. Either Bitcoin drops to a major bottom, or it strongly breaks through its historical highs. Big liquidity-driven trends will definitely be built on one of these two conditions. Trading without the bull and bear mindset is simple—you just need to focus on opportunities. On-chain: Every month in the crypto space, there are MEME-related hot opportunities. Secondary market: Whether it’s a bull or bear market, Bitcoin’s sluggish trend usually lasts no more than 6 months, after which a wave of secondary market activity will emerge. These conclusions are based on the experience and logic of three bull and bear cycles. Both bull and bear markets have opportunities, and there will always be hotspots creating wealth effects. No need to be overly pessimistic, and no need to obsess over whether the bull market has ended. We just need to survive and wait for opportunities.