Why do industry insiders repeatedly mention a certain coin? On the surface, it seems like they are just calling signals, but in reality, they are filtering for cognition.

The phenomenon in the crypto world is quite magical: people claim to hold onto their beliefs, but when prices drop for three days, they start cursing; at the same time, they shout about decentralization, yet all assets are piled into exchanges. This contradictory behavior exposes how many people actually lack true market resilience.

Take $ASTER as an example. Many panic when it drops below 0.7. But looking back at history, when $BNB broke below 0.1, how loud were the voices calling it "zero"? How many missed out on the subsequent gains? Market tests often happen in that very moment.

What is the real logic? Big players are betting not on a single coin, but on the trend of derivatives migrating onto the chain. After the FTX explosion, some still haven't understood: if your assets aren't in your hands, they don't really belong to you. This lesson is deeply profound.

From a broader perspective, some project teams aim to become "future rule makers"—developing their own L1 public chains to reconstruct underlying infrastructure. Does this sound familiar? Yes, it’s the development path of BNB Chain back in the day.

The data is clear: daily trading volume of 6 billion, user base of 3 million, yet many only focus on the 120-day K-line trend and criticize. This is a cognition gap. During a bull market, everyone can earn Beta returns; the real filtering happens in a bear market. Only then can you distinguish who has resilience and who is just noise.

What practical strategy is feasible? Use stablecoins to maintain a core position, and take risk positions to pursue future growth. If you can't hold through seven days of volatility, how can you talk about seven years of wealth accumulation?

A decline is not the end; shakeouts are the real beginning. The question is: can you stay on the train during this process, or will you be shaken into market noise? This is a choice every participant must face.

⚠️ Investing involves risks; enter the market cautiously.