This year has been a milestone year for the cryptocurrency industry. From the approval of Bitcoin and Ethereum ETFs at the beginning of the year, to the booming bull market, and the impetus from the U.S. elections, cryptocurrencies like Bitcoin have reached record valuations and are increasingly influencing social and political landscapes.

As retail investors, it feels increasingly difficult to profit; we never thought we would need to understand so much to trade a coin. Various macroeconomic factors, policy news, and technical aspects all require some understanding, and retail investors are finding it too hard! With the rising awareness among retail investors, many are picking up their tools to resist. While institutions also face challenges when harvesting profits, after several disordered fluctuations, it leaves everyone confused. As mere ants, how can we possibly compete with big capital? We must always hold a sense of reverence towards the market, ensuring that we are prepared for both offense and defense, leaving ourselves some room.

Everyone comes to this market to realize arbitrage,

And it is relatively easier for large money to extract from small money (institutions)

While it's much harder for small money to extract from large money (small and medium investors, retail investors)

Ultimately, those who survive are the ones with patience and the strength to endure cycles.

What we can do is manage our desires well, enhance our understanding, befriend time, and earn money through the cycles. #比特币市场波动观察