It seems that the market is sluggish, but in essence, everyone is collectively stuck in a deadlock. Retail investors are afraid to act — worried about being trapped; big players are hesitant to dump — fearing no one will buy; project teams are even more caught in a dilemma — releasing tokens immediately leads to zero. All three parties are waiting for others to make the first move, resulting in the current situation.

Frequent trading at this point is like paying tuition. Especially when the market is in this frustrating sideways consolidation, every entry and exit consumes capital and mental energy. Many people ask whether they should wait until a certain time point for the market to turn around. My view is: the problem has never been about timing, but whether you understand the game rules.

The primary market tests information and reaction speed — whether you have insider info and can quickly buy the dip. The secondary market is simply a zero-sum game of bulls and bears. If you lack access to primary market information channels and cannot operate at the level of professional traders, the most rational choice is to stay put and patiently wait for signals. But one thing must be clear: waiting for a specific date or not makes no difference; market trends will not change because of the date. Ultimately, it still depends on fundamentals, liquidity, and on-chain data — these are the true game rules.