An interesting on-chain data point has surfaced — a major whale is making significant position adjustments over the past four years. The most recent five-minute activity is the most direct: 4,013 ETH quickly converted into 138.04 WBTC, equivalent to $12.59 million. The cost basis for this WBTC transaction is $91,117.55, clearly indicating confidence in BTC's recent performance. But this is not just a random move. Since yesterday, this whale has gradually sold off 18,159.4 WETH while building a position of 631.78 WBTC, totaling approximately $56.8 million. Honestly, such a scale of rebalancing is quite rare on-chain. From a position logic perspective, this whale is sending a clear signal — bullish on BTC, with decreasing interest in ETH. It could be a strategic rotation or a new market judgment. Such large-scale capital flows are often validated by subsequent market movements.

Bitcoin holding steady as geopolitical tensions persist in the background. The market seems to be shrugging off the uncertainty—classic crypto resilience. When traditional markets get jittery, BTC often proves its worth as a non-correlated asset. Worth watching how long this equilibrium holds, especially if global circumstances escalate further. The volatility might be lying dormant rather than gone.

A friend who trades in the crypto space started with 4,000 yuan and managed to grow his account to over 2 million. Sounds like a fairy tale? But his logic is actually very cold—starting with debt, facing widespread opposition, and surviving through discipline and systematic operations. This is not a gambler’s story, but a case of fund management. **Beginner Stage: Survival Rules for Small Funds** His first iron rule is very harsh: don’t pursue overnight riches. While others dream of 5,000 USD, he tests the waters with 100 USD. Two strict indicators are set—withdraw the principal immediately if the gain reaches 80%, and cut losses if the decline hits 30%. After three consecutive wins, he forces himself to rest. When he turned 100 USD into 583 USD, he imposed a 24-hour trading ban on himself. This "inhuman" discipline helped him get through the rookie phase. **Intermediate Stage: Strategic Hunting** Once reaching the 1,000 USD level, his style changed. He focused on active periods of European and American institutions—4 PM and 8 PM—buying dips and rebounds of BTC and ETH, taking profits of 2% and then exiting decisively. This is a lightning-fast tactic. Another role is "ambush." Using 30% of his funds, he waits for new coin launches, and must sell within 30 minutes of opening to profit from the first wave of panic selling. Finally, there’s a nuclear-level operation—only 2 to 3 trades per year, waiting for macro data and on-chain indicators to resonate simultaneously, aiming for at least 300% returns. This low-frequency, high-reward strategy relies on the art of patience. **Advanced Stage: Wealth Defense** Once the account reaches the million yuan level, the focus shifts. Every cut is documented with a review, and lessons learned from blood and tears are posted on the wall as talismans. When profits increase by 50%, he withdraws 25% into cold storage—only then is the money truly earned. He also imposes time constraints on himself. Using a backup device, he locks the trading app, allowing only 1 hour of operation per day. This is not self-torture, but the price of overcoming the itch to trade impulsively. **The Reality of Small Capital Turnarounds** For funds below 10,000 USD, survival is more important than profit. First, understand the rules of wild growth, then consider efficiency. When reaching the 10,000 to 100,000 USD range, it’s not about how skilled your technique is, but how strict your discipline is. Good defense creates the confidence for offense. There are no myths in the crypto world. Only inhuman discipline and ruthless self-control.