#市场周期与趋势 Seeing the latest market signals, I feel a bit excited! The USDC/USDT premium index has turned positive + liquidity indicators are resonating. What does this mean? Simply put—selling pressure from on-chain funds is clearly weakening, and market main players are quietly adjusting their stance.

After several rounds of volatility, such technical turning points often indicate an increasing likelihood of a short-term rebound. Of course, I also see the reminders from industry analysts: the medium- to long-term pattern remains bearish, so we must stay alert. This is the true reflection of cycles—the short-term and long-term rhythms are often out of sync.

It also teaches us an important lesson: in the Web3 market, learning to read liquidity and understand capital flows is just as important as learning to read weather forecasts. Not for precise timing (which is almost impossible), but to stay rational amid volatility and find our own rhythm.

True believers won't be fooled by short-term rebounds, nor will they be scared off by medium-term declines. What we need to do is, based on understanding cycle patterns, to participate firmly in building this decentralized future. Bottom rebounds will come, but more importantly, what we learn in the process matters most.