Original article | Odaily Planet Daily ( @OdailyChina )

Author | Asher ( @Asher_0210 )

Today, the crypto market as a whole is sluggish, with major cryptocurrencies continuing to weaken, and the entire crypto world seems to have fallen into a winter. Bitcoin has fallen nearly 20% from its high, Ethereum has fallen nearly 30% from its high, and other major assets such as SOL and BNB have not been spared either, with the overall trend remaining weak.

Meanwhile, the altcoin sector fared even worse, with many recently traded TGE tokens halving in value within just a few days, and trading volume and liquidity declining simultaneously. The hype surrounding on-chain memes also cooled rapidly, with investor sentiment turning cold. The previously hotly debated Chinese meme sector saw widespread drops of 30% to 50% today, and the once-booming market sentiment returned to silence.

Whether you're a seasoned veteran who's weathered multiple bull and bear markets or a newcomer who's just entered the market, this kind of market movement can catch you off guard. This round of market correction isn't an "accident" for a few, but rather a painful process experienced by the entire crypto world.

The following five points may help you regain your footing in the fog.

First, don't rush to buy at the bottom; stop and take care of yourself first.

When the market crashes, what's scarcest isn't opportunity, but calm. Many people, stimulated by continuous declines, instinctively want to "buy the dip," hoping to quickly recoup their losses. But often, this impulse is the beginning of further losses.

At this stage, the most important thing is not "action," but "pause." First, turn off those constantly fluctuating candlestick charts, temporarily disconnect from social media, and allow your nervous system to recover from the panic. Give yourself a few days to do simple things—eat a hot meal, get a good night's sleep, and exercise for half an hour.

You don't need to make decisions in the midst of chaos. Real opportunities never slip away just because you take a couple of days off. On the contrary, only when you calm down can you see which prices are bait and which are the real opportunities.

Even when the market is bad, don't rush to buy the dip. First, adjust yourself so you have the energy to prepare for the next cycle.

Second, accept the reality of losses and calmly review mistakes.

Losses are not shameful; they are an essential "introduction ceremony" for every investor. The important thing is not how much you lose, but what you can learn from it.

Once you've calmed down, take out a pen and paper and review each decision you made during this period. Ask yourself: Was your position too large? Did you blindly add to your position without a plan? Did you impulsively enter the market based on rumors? Only by visualizing the problems and writing them down can you truly understand how you made those decisions. The purpose of reviewing is not to blame yourself, but to build a system of "self-awareness." The market won't remember how many times you were wrong, but it will certainly reward those who continuously correct themselves.

The pain of losses is the price of growth. The fact that you can reflect on, record, and correct your mistakes means that you are already on the road to recovery.

Third, rebuild your life first, then rebuild your accounts.

During periods of extreme market volatility, many people focus all their attention on price curves, neglecting the fundamental order of life. In fact, emotional stability often stems from having a controllable life.

If you've been staying up late lately analyzing stock charts, eating irregularly, and feeling anxious about the future, please shift your focus away from the charts and back to yourself. Try creating a new daily routine : wake up at a regular time, eat on time, and maintain a certain level of exercise. Get your life back into rhythm, and you'll find that anxiety naturally decreases and your judgment becomes clearer.

Often, the first step in "recovering your account" isn't about the next trade, but about recovering yourself. Only when your life is stable can your mind be stable; and only when your mind is stable can your account balance potentially grow again.

Fourth, focus on things you can control.

You can't predict what the market will do next, but you can completely control your learning and preparation.

Try to understand the underlying logic of the market, rather than just chasing price fluctuations. Learn more about on-chain analytics tools (such as Nansen, DeBank, and Arkham) to observe fund flows, whale behavior, and ecosystem trends. Read the white papers of highly funded projects, understand the team's background, and study real-world usage data, rather than relying on emotional fluctuations on social media.

Furthermore, you can establish your own research system, such as reviewing your performance weekly and recording the rationale behind each decision. Over time, you'll find that your understanding of the market no longer relies on external factors, but rather you've developed your own judgment. The most important ability in investing is not prediction, but cognition. Only by continuously expanding the boundaries of your cognition can you find certainty amidst volatility.

5. Don't rush to win it back; patiently wait for the next cycle.

The most common mistake after incurring losses is "revenge trading"—being eager to recoup losses, trading frequently, and blindly increasing leverage.

But the market never rewards the anxious. Truly smart investors know when to let things play out. Market cycles always exist; after a crash, there will eventually be a recovery. Those who can "endure" during the downturn are often the ones who will have the last laugh in the future.

At this point, what you need to do is not to win back, but to stay calm. Stay calm, stay calm, stay calm, stay calm . You can take on a side job or part-time job to temporarily distract yourself from the market and make your life more secure. Once your financial foundation is solid, when you look back at the market, you will find that your calmness and rationality are your most valuable assets.

In conclusion: If you are still persevering, you are already ahead.

If you've read this far, it means you didn't choose to run away, but instead chose to face the ups and downs. Compared to those who left completely, you're braver and more mature. Because true growth is never a smooth journey, but choosing not to give up even in chaos.

The market downturn will eventually pass. Although the trough is long, it is also the best time to temper a person's patience and thinking. Those moments that make you anxious and those sleepless nights will eventually become valuable experience.

Slow down, take care of yourself. Adjust your pace, breathe again, and start afresh. Future opportunities will always arrive quietly, and when that moment comes, you will be able to embrace your own new wave with a more stable mindset, clearer judgment, and deeper understanding.