February 1, 2026 Brothers, this wave of decline should have caused panic for many people. Although I warned about this decline two weeks ago, I mentioned that the main force needs to reach extreme shakeouts, which require sharp rises and falls to achieve. But honestly, when it really drops, there is still some panic, and my mindset is affected. For those holding positions, seeing the price fall and the market value of their holdings shrink is natural; after all, we are animals with blood, flesh, and emotions. However, once calm is restored, we realize that ups and downs are just the norm in the crypto world. We are not experiencing our first downturn, and yesterday’s decline was not even the largest in the crypto market. Having gone through so many cycles, it’s not so easy to knock us down. From a very objective perspective, the current price drop is not entirely due to the intrinsic value of the crypto market itself. More often, it’s caused by a lack of confidence leading to liquidity shortages. Therefore, we can see that even assets like Ethereum, with its market cap, can plummet ten points in a single day without any negative news stimuli. In a severely illiquid environment, the decline is no longer about the project’s value but becomes a vent for market sentiment. That’s also why I’ve recently emphasized that there’s no need to cut losses. At this moment, I often step up and play the role of someone seemingly blindly shouting buy signals and recharging faith. Having experienced so many bull and bear cycles, going against human nature often makes you the final winner. I’ve also added some positions during this decline, and my total holdings now exceed 80%.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
February 1, 2026 Brothers, this wave of decline should have caused panic for many people. Although I warned about this decline two weeks ago, I mentioned that the main force needs to reach extreme shakeouts, which require sharp rises and falls to achieve. But honestly, when it really drops, there is still some panic, and my mindset is affected. For those holding positions, seeing the price fall and the market value of their holdings shrink is natural; after all, we are animals with blood, flesh, and emotions. However, once calm is restored, we realize that ups and downs are just the norm in the crypto world. We are not experiencing our first downturn, and yesterday’s decline was not even the largest in the crypto market. Having gone through so many cycles, it’s not so easy to knock us down. From a very objective perspective, the current price drop is not entirely due to the intrinsic value of the crypto market itself. More often, it’s caused by a lack of confidence leading to liquidity shortages. Therefore, we can see that even assets like Ethereum, with its market cap, can plummet ten points in a single day without any negative news stimuli. In a severely illiquid environment, the decline is no longer about the project’s value but becomes a vent for market sentiment. That’s also why I’ve recently emphasized that there’s no need to cut losses. At this moment, I often step up and play the role of someone seemingly blindly shouting buy signals and recharging faith. Having experienced so many bull and bear cycles, going against human nature often makes you the final winner. I’ve also added some positions during this decline, and my total holdings now exceed 80%.