#1 Re-evaluate the Thesis, Not the Price.

When the market is in this state, focusing only on price will only expose us to noise—leading to irrational decisions. Instead, we need to objectively analyze whether our thesis for holding a certain position is still valid. For example, when holding Bitcoin: is there still a real chance of a rate cut? Or when holding certain altcoins: is ETF approval truly likely to happen? These things must be thought through carefully.

#2 Strengthen Risk Management.

The crypto market is highly volatile. Strengthening risk management is key—reassess your position sizing and portfolio ratios. Trimming oversized and risky positions can be a wise move when the market is in uncertain territory.

#3 Manage Emotions with a System.

Set a system for when to reduce exposure and when to add more. Think of your assets as if you’re managing a hedge fund’s NAV. Measure your position performance. And don’t forget: cash is also a position. Never force a trade in uncertain conditions.

#4 Reflect on the Market Cycle.

It’s important to recognize which stage of the market cycle we’re currently in. Believing that the market will only go up without having an exit strategy is an irresponsible approach. We need to acknowledge both sides of the market. Prices won’t rise forever—there will always be times when markets also move downward.