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#数字资产市场洞察 As the end of the year approaches, market liquidity begins to tighten. Large investors hold onto their chips, and many quietly sell off to cover year-end expenses. This time window requires special caution — retail investors are easily caught in traps, and those buying at low levels risk stepping on landmines. Simply put, both the market makers and main players are planning their moves, so for ordinary investors, staying on the sidelines and observing more while acting less might be the smarter choice.