Recently, many people have been asking me what to do next? I would like to give a unified response to everyone. Personally, I feel that the current market is very healthy and there's no need to worry too much, except for those trading contracts. In the past two months, most cryptocurrencies have increased several times, so a 30% or 50% pullback is quite normal and nothing to be overly concerned about.

Firstly, the first phase of the bull market has ended. After this round of adjustment, we will soon enter the second phase.

Secondly, large funds from outside the market have not yet entered in large volumes; it's mainly the people inside the market playing among themselves. The increase in many cryptocurrencies has been driven by leverage within the market, so it is necessary to clean up the leverage at this time to stabilize the market.

Next, this adjustment period should not be too long, and the second phase should begin before Christmas.

Moreover, in the second phase, SOL or ETH related coins will lead the surge. This conclusion is based on my experiences with several chains. SOL is easy to use and has a low entry threshold, making it accessible for beginners. As for ETH, it hasn't risen enough previously, so there's a lot of room for a rebound, potentially reaching around 5000 by the end of the year.

Finally, during the cleaning of leverage in the second phase (which is when the spikes happen), it will be even more intense than in the first phase, but overall, the trend will still be upwards. So now is a good time to buy some spot when the prices are low. Continuously adding leverage in a bull market is a typical gambling behavior. Recently, Dao Ge has also positioned himself in a meme coin that is currently very popular and has significant room for growth. If you're interested, feel free to like and comment to ask me.