#PCE指标即将公布 During the severe Bear Market in 2022, the market was filled with strong pessimism. Investors around were leaving one after another, some frens Cut Loss and closed all positions in Bitcoin, swearing never to enter the crypto market again; the social platform was filled with the tragic scenes of Get Liquidated; even those colleagues who once enthusiastically discussed Digital Money turned to the stock market in search of profits.

However, it was under such market conditions that I chose to go against the trend, using a precise position-building strategy to reduce the holding cost of Bitcoin by approximately 40%, laying a solid foundation for investment returns in this year's Bull Market.

My decision was not based on luck, but rather on patiently waiting for two key market signals. The first signal is that mainstream digital money has fallen more than 20% for three consecutive weeks, but on-chain data shows that large funds' positions remain stable. Analyzing Bitcoin holding data through the Glassnode platform, I found that the top 100 addresses did not reduce their holdings; some large holders are actually quietly increasing their positions. This phenomenon indicates that institutional investors still have confidence in the market outlook, and the market is not truly collapsing.

The second signal comes from the social circle: the voices discussing cryptocurrency around me have almost disappeared, and some have even started labeling the entire industry as a "scam." In November 2022, I randomly surveyed 10 friends who were previously active in the crypto market and found that 80% of them had closed all positions. This extremely pessimistic market sentiment actually suggests that the bottom area may be approaching.

Based on these observations, I adopted a three-stage incremental investment strategy: when Bitcoin drops by 20%, I invest 20% of the reserved funds; when it drops by 30%, I add another 30% of funds; and when the market stabilizes, I invest the remaining 50%. Before each operation, I carefully calculate the holding cost to ensure that even if the market drops another 10%, it will not cause serious impacts on my personal financial situation.

This strategy paid off after six months, as the market warmed up, with Bitcoin's price rising from $16,000 to $30,000. I not only recovered my previous losses but also gained an additional $50,000 in profit.

This experience made me deeply realize: the Bear Market itself is not terrifying, what is truly dangerous is making irrational decisions driven by panic. Maintaining calm analytical abilities and waiting for appropriate market signals can often lead to rare investment opportunities in adversity.