Recently, the crypto assets market has been fluctuating, causing many investors to feel uneasy. The frequent large fluctuations in the market have put many people in a dilemma between Cut Loss and buying the dip. However, this intense fluctuation may not be a signal of a market reversal, but rather a classic consolidation process.

During this process, large funds may be quietly accumulating positions at low levels while washing out investors with weak mentalities. From on-chain data, the proportion of holdings by large players is steadily increasing, indicating that so-called "smart money" is positioning itself. In terms of institutional investment, MicroStrategy has significantly increased its holdings by more than 180,000 bitcoins this year, demonstrating its confidence in the market.

The future market direction may still be influenced by a series of macro factors, including changes in U.S. policies, tariff adjustments, and the Federal Reserve's monetary policies. In this context, Bitcoin is expected to maintain strong momentum and may even reach higher price levels.

However, for other Crypto Assets (commonly known as "altcoins"), the outlook is not very clear. Historical experience shows that a decline in Bitcoin often triggers a larger drop in altcoins. Therefore, investors need to be particularly cautious when making investment decisions and carefully weigh the risks and rewards.

In the current market environment, some investors may consider positioning in mainstream crypto assets such as Bitcoin, Solana, and BNB, while others may focus on relatively smaller but potentially promising projects like Polkadot, Kusama, Jupiter, and Uniswap. Regardless, it is crucial to maintain rationality and caution in this ever-changing market.