#数字资产代币化浪潮 Risk and return have always been twin brothers.💪✊

Recently, the market sentiment has collapsed directly. The reason is simple – the Federal Reserve's rhetoric of "higher rates for longer" has shattered the expectations of interest rate cuts. The risk-free yield has skyrocketed, and U.S. stocks, gold, and crypto assets are all suffering.

At this moment, to be honest, holding cash is the way to go. With so much uncertainty, preserving your principal is more important than anything else. Don't rush to buy the dip; first, ensure your survival.

As for the recently heated discussions about the Ethereum upgrade? There are indeed positive expectations. But the problem is, once the macro environment turns, no single narrative, no matter how sexy, can withstand it. If you really want to take a gamble, remember a few principles: take small positions, invest in batches, and tighten the stop-loss line. And be clear that whether this wave can rise or not is in the hands of the Federal Reserve; ETH can't decide that on its own.

The most important sentence: First survive, then win. With food in hand, there is no panic. When the market's panic subsides and the true bottom signal appears, it won't be too late to take action then.