A trader's holdings record resembles a roller coaster — going from unrealized gains to instantly losing $100,000, then enduring the market's repeated whipsaw, and finally rebounding to an $80,000 profit when ETH returned to $3,000. This complete trading cycle reflects the two most authentic aspects of the crypto market: the brutal fluctuations and the rewards of perseverance.

The key question is before us: is this a victory for technical analysis, or a persistence of a gambler's mentality? Perhaps both. But more importantly—amid such violent price fluctuations, what else is needed to stabilize the situation, besides mindset?

The common dilemma for most investors lies here. When the price is halved, how do you determine whether this is a short-term whipsaw or a trend reversal? The more practical question is, when financial pressure hits, what makes you confident not to be forced to liquidate at the bottom? This not only tests analytical skills but also the systemic nature of asset allocation—especially the ability to manage liquidity and buffer against risks.

This is precisely why stable assets are often overlooked in fluctuating markets. While chasing high-volatility returns, allocating a portion of assets that are less correlated with market fluctuations and have stable value can provide critical resilience to the overall holdings. Taking decentralized stablecoins as an example, their value does not fluctuate with ETH but is maintained through on-chain over-collateralization and real-time transparent reserves to keep a stable peg.

For traders who have experienced a "whipsaw-rebound" process, allocating a certain proportion of stablecoins in their holdings can provide multiple protections during extreme fluctuations in the market—offering both psychological buffers and maintaining liquidity during adjustment periods, ensuring they are not forced to exit at the bottom. This is not about avoiding the market, but participating in the market more intelligently.