It's not about 'whether to get on the train' anymore, but 'which carriage you are sitting in.' The Fed's attitude in January has actually set the tone for the market: 👉 not stimulating, but also not stabbing others in the back. In this environment, debating 'full defense or full offense' is itself a false proposition. My configuration answer is: Defense in position, offense in structure. BTC's role is very clear: It is not a short-term explosive asset, but a 'stabilizer' among risk assets. If interest rates don't fall, it will be slow; but as long as systemic risk doesn't emerge, it won't collapse. What truly needs to be reassessed is the structure of altcoins. The market will become increasingly realistic: * Those without fundamentals will be ignored when they fall * Those without liquidity can't exit when they rise * Those without new stories can only wait for the cycle So this round of 'keeping interest rates unchanged' is more like a sieve. Filtering out illusions, leaving patience. Which rhythm do I prefer? 👉 Short-term sentiment is suppressed, medium-term relies on time to digest. If you insist on a trading suggestion, I can only give one: Now is not the time to gamble with courage, but the time to focus on coin selection and position management. The market will come, but it will only reward those who haven't panicked.