Short-term pullbacks are unpredictable, long-term pullbacks do not need predicting. [smirk]

The market risk is indeed gradually increasing, and U wealth management has an abnormal annualized return exceeding 30%, with funds stepping left foot on right foot, desperately piling on leverage.

You don’t know whether it’s a rise after a wave of leverage cleaning or whether it will continue until it collapses.

The only thing you can do is to hold undervalued assets (with valuable support and not too much increase) and reduce overvalued ones (with no valuable support and several times increase in two to three months), exchanging for the undervalued ones.

You cannot predict short-term fluctuations (pullbacks); many people have lost big while trying to predict pullbacks, making mistake after mistake in timing.

Rather than trying to predict the unpredictable, it’s better to manage risk well.

Holding undervalued assets is the best safety net. Now, the high-valued explosive rise is unlikely to be involved in the next wave of the market; undervalued assets are more cost-effective.

Prevention.

It means doing what seems wrong in the short term but looks right in the long term, with a higher cost-performance ratio.

Short-term pullbacks are unpredictable, long-term pullbacks do not need predicting.

When you think there are no more undervalued coins in the market and a major reversal into a bear market is coming, there’s no need to predict pullbacks either, as buying during pullbacks can also lead to losses. Just stay away from the market for over a year, and after your assets have halved multiple times, return.