On October 10th, I reminded everyone that the US dollar index had fallen for about half a year and was forming a textbook-style rounded bottom.

At that time, it was said that if the US dollar turns upward, risk assets will mostly suffer.

What about now? The US dollar index has indeed risen, and the pressure in the crypto market is visibly apparent. How to put it, sometimes luck just comes at the right moment, and the judgment happens to hit the nail on the head.

At this position, there's actually no need to cut losses - what's there to panic about when it's already fallen like this? In my opinion, let's wait and see if it can rebound to the position on October 7th; then we can consider reducing our holdings.

But that said, I'm not suggesting you to catch the bottom. I don't have much experience playing rebounds in a bear market myself. At this stage, my strategy is very simple: I'd rather earn a little less than to let myself lose big. For mainstream coins like BNB, BTC, ETH, it's better to wait and see.