Once again, a key reminder: between July and November, spot positions should be added in multiple batches on dips, until the allocation is sufficient, and then held long term. Don’t use a strategy like buying at 1550, bouncing back to 1720, then selling off—only to later hope to buy the spot dip again below 1400. This approach easily causes the strategy to fail. There’s no need to chase an “absolute low.” If you can reach it, that’s ideal, but what if you miss the opportunity? For ETH, below 1700 is usually an important bottom range. Within the next one and a half years, the price has at least a 3x upside potential. After the monthly-line-level bottom is formed, you can open long-term coin-denominated longs with mid-to-low leverage and keep holding. Over the bigger cycle, the core to generating outperformance is still to accumulate the base position by buying spot at low prices. Low-cost chips are the foundation for the upside phase, and gains need to be realized gradually during the rising process.