Two exchanges shut down within a week, but with October still 10 months away from the bear-market bottom, there are still 3 months to go—and it’s likely that the market won’t start to gradually recover until later in the year. During this period, there should still be plenty more CEXs or projects that end up collapsing.

Everyone should do their best to keep their funds in places with better liquidity. On-chain DeFi is also recommended to withdraw. Prioritize protecting your principal (no principal loss), and then switch on a DCA (dollar-cost averaging) BTC mode—this should be the best solution.