As 2025 is about to turn the page, this month I’ve interacted with all kinds of traders.

Some have been steady and cautious from the moment they entered, gradually growing their accounts; others, after making a few successful trades, become overconfident, jump in to trade themselves, and end up blowing up their accounts with two or three trades — ultimately having to seek help.

The market will teach you a profound lesson: you can never earn money beyond your understanding.

Those gains made by luck will eventually be taken back by the market, including the principal and profits. No one in this circle is special or cared for; to survive long-term, it’s not about the speed of placing orders, but about mindset and self-control. Greed is poison; being able to hold your emotions is the first ticket to entering the market.

There’s an old saying: “There are a thousand horses on the road, but a good jockey is rare.” People who don’t trade see the market like frogs at the bottom of a well looking at the moon; those who truly participate understand the ruthlessness and depth of the market.

The door to 2026 has already opened. Everyone sitting here should ask themselves: have I truly learned something this year, or am I just gambling?

Stability always comes first. Those who go far are never the most impatient ones. Judging by the volatility of projects like ZBT and TAO, the rhythm of the copycat season is still dominated by the main market, and ETH’s trend even determines the temperature of the entire cycle. Doing your homework and waiting for the right moment is more important than anything else.