The cryptocurrency market has a cruel and real phenomenon: many altcoins are essentially project parties exchanging ethereal promises for investors' tangible BTC and ETH. The teams behind these projects often hold a large number of low-cost tokens, patiently waiting for Bitcoin and Ethereum to break historical highs, then using the profits from the appreciation to pump their own coin prices and cash out.

Currently, the entire market is focused on whether Bitcoin can break through the key price level of $125,000, which is seen as a signal for the altcoin market to truly start to become active. However, savvy investors are always playing the same game: exchanging your Bitcoin for their alts, waiting for the value of Bitcoin to double, and then using the profits gained to pump the altcoin prices, ultimately transferring the high-priced chips to later investors.

It is precisely because of this market mechanism that holding BTC and ETH for the long term is a wise choice. They are the value anchor points of the entire crypto assets market. Now may be an excellent time to gradually build positions, as the liquidity dividend brought about by interest rate cuts is expected to gradually manifest in the second half of this year.

It is worth noting that there is a lag effect in the financial market, and a true bull market usually erupts half a year after policies are implemented. Therefore, overly focusing on short-term market fluctuations may not be very meaningful. In fact, the recent market correction may have already completed the final round of consolidation in the bull market.

In the secondary market, there are no universally applicable investment rules. Finding a holding strategy that suits you and steadily holding core assets is the ultimate wisdom for navigating bull and bear cycles. Regardless of how the market fluctuates, maintaining calm and rationality, and sticking to your investment philosophy is the key to achieving long-term success in this market filled with opportunities and challenges.