I just remembered, it's February now, time to draw the monthly chart. Isn't it the same at the end of October? Overlapping weekends and macro instability.

The US dollar credit is weakening, gold is relatively appreciating, but short-term speculation is overheating, then it drops sharply, and the crypto circle explains it as risk assets, with liquidity shortages leading to early abandonment. Both logics make sense. Gold and silver are rising, and after a correction, they remain high. BTC is called digital gold, but its recognition among major institutions is still much lower than gold.
However, stablecoins, payments, and RWA are all steadily developing. Can't big commodities like gold be played in the crypto space? Isn't one of the reasons for HYPE's recent rebound also because of this? Macro instability, liquidity has not yet arrived, and there is even a tightening due to the possibility of another US government shutdown, but the actual performance is improving. Compared to May 2025, current ETH has more confidence and support.
I will continue to hold ETH, BNB, HYPE. Next are LINK, BTC, SOL, ASTER. Then some stablecoin-related and layer2-related assets. Finally, invest in some new projects.
Contracts can be done, but with small positions, timing, and opportunity. Isn't today just a market where you blindly short?