Recently, there have been complaints like this in the group: "ETH is really useless, all kinds of small coins are rising, and it's still there, lifeless." But to be honest, I'm not worried at all; instead, I'm quietly doing Margin Replenishment while it's Sideways.

Why so confident? The on-chain data I see tells a completely different story—those addresses holding tens of thousands of ETH are buying at the fastest pace since 2017. OTC large transactions, staking and locking up, the circulating supply is continuously tightening. This is not "weakness" at all; it is clearly a sign that a storm is coming.

However, people who have been in the crypto space for so many years understand that it's not enough to just comprehend this logic; one must also think about how to securely place future profits into their own pockets. This brings us back to the core idea I've been using: I am optimistic about the fundamentals of ETH in the long term, but I maintain a sense of reverence for short-term fluctuations.

Once the Fusaka upgrade of Ethereum is launched, the transaction fees of the second-layer network may plummet by 95%. This is definitely a major event that could ignite market demand. However, there is a reality issue: market reactions often lag behind fundamentals by 1 to 3 months. The fluctuations during this period are enough to shake off most impatient retail investors.

So my approach is to diversify my allocation. I keep a portion of ETH unchanged to enjoy the benefits of the upgrade; the other part of the funds is allocated to stablecoins and other relatively balanced tools. What are the benefits of this?

When market sentiment is low and ETH plunges due to short-term negative news, I can calmly use stablecoins to buy the dip. When ETH suddenly rises due to upgrade expectations or a reversal in market sentiment, I can partially take profits and convert back to stablecoins, locking in the profits I've made, and then patiently wait for the next opportunity. Stablecoins act like a "buffer" in this process, allowing you to not completely miss the trend while also not being caught off guard by sudden fluctuations.

In simple terms, it means using a diversified allocation approach to navigate through bull and bear markets, amplifying long-term returns. This logic has been validating its value from last year to now.