市场开始担忧降息周期是否结束，加密市场开始大幅波动

近几天来，金融市场越来越开始担心美联储降息周期是否已经结束。

As the financial market has grown increasingly concerned about whether the Federal Reserve's interest rate cut cycle is coming to an end, the financial market has experienced significant fluctuations. In particular, Bitcoin and Ethereum have both seen substantial declines over the past couple of days.

随着金融市场越来越担心美联储降息周期是否即将结束，金融市场出现大幅波动。特别是，比特币和以太坊在过去几天都出现了大幅下跌。

However, I am not too worried about this situation.

不过，我并不太担心这种情况。

When I say I'm not too worried, I don't mean to imply whether the price will continue to drop, but rather that I am not concerned about unexpected situations that we have not prepared for.

当我说我不太担心时，我并不是暗示价格是否会继续下跌，而是我不担心我们没有做好准备的意外情况。

I have mentioned multiple times in previous articles that if Bitcoin's price does not exceed $100,000, I will not sell it under any circumstances.

我在之前的文章中多次提到，如果比特币的价格不超过10万美元，我在任何情况下都不会出售它。

So far, the highest price of Bitcoin has only been a little over $100,000, far from the price point at which I would have to sell.

到目前为止，比特币的最高价格仅略高于 10 万美元，距离我必须出售的价格点还很远。

The same goes for Bitcoin; Ethereum is even less of a concern. The current price is just over $3,000, and selling at this price is meaningless.

比特币也是如此；以太坊就更不用担心了。目前的价格才3000多美元，以这个价格出售没有任何意义。

So if the market really does continue to decline, with Bitcoin dropping below $80,000 or even lower, and we return to a bear market, my plan has already been stated:

所以如果市场真的继续下跌，比特币跌破8万美元，甚至更低，回到熊市，我的计划已经说了：

Hold onto my Bitcoin and Ethereum and continue on, waiting for another four years until the next bull market arrives to reassess the situation and consider how to handle it.

拿着我的比特币和以太坊继续走，再等四年，直到下一个牛市到来时，重新评估形势，考虑如何应对。

The plan is set; regardless of how the current script unfolds, we have contingency measures in place, so I won't be too concerned about price fluctuations.

计划已定；不管现在的剧情如何发展，我们都有应急措施，所以我不会太担心价格波动。

Having discussed the worst-case scenario, let's talk about a more optimistic estimate:

讨论完最坏的情况，我们来谈谈更乐观的估计：

I still believe that this round of the crypto ecosystem's market is not over yet, and the current decline is likely just a temporary correction.

我仍然认为，这一轮加密生态的行情还没有结束，目前的下跌很可能只是暂时的回调。

I remember sharing in previous online discussions and articles that while I also pay attention to macro financial policies (such as the Federal Reserve's interest rate cuts) and their impact on the crypto market, I have always believed that the driving force of external factors is far less significant than that of internal factors.

我记得在之前的网上讨论和文章中分享过，虽然我也关注宏观金融政策（比如美联储降息）及其对加密货币市场的影响，但我一直认为外部因素的推动力远远不够。不如内部因素显着。

The so-called internal factors refer to new applications, new scenarios, and new models within the crypto ecosystem.

所谓内部因素，是指加密生态内的新应用、新场景、新模式。

If such internal factors can emerge within the crypto ecosystem, they may even resist certain negative impacts from external factors to some extent, continuing to lead the entire crypto ecosystem's market forward.

如果加密生态中能够出现这样的内部因素，甚至可能在一定程度上抵抗外部因素的某些负面影响，继续引领整个加密生态的市场向前发展。

Currently, I feel that the internal factors in this round of the crypto ecosystem's market have already become quite evident: that is AI agents.

目前我觉得这一轮加密生态市场的内在因素已经非常明显了：那就是AI代理。

Despite the fluctuations and declines of Bitcoin and Ethereum during this period, the enthusiasm for the AI agent sector has not diminished at all. Some leading projects, such as VIRTUAL, have seen significant price corrections, but emerging tokens and new projects continue to attract attention and capital.

尽管这段时间比特币和以太坊出现了波动和下跌，但AI代理行业的热情却丝毫没有减退。 VIRTUAL等一些领先项目的价格出现了大幅调整，但新兴代币和新项目继续吸引关注和资本。

One striking phenomenon is that tokens which experience short-term surges are emerging one after another, generating huge capital effects and attention.

一个引人注目的现象是，短期暴涨的代币纷纷涌现，产生巨大的资本效应和关注度。

In addition to the surging token market, more and more established projects are beginning to invest heavily in the development and layout of AI agents.

除了风起云涌的代币市场之外，越来越多的老牌项目开始大力投资AI代理的开发和布局。

With the influx of attention and capital, various innovations in AI agents are still emerging.

随着关注度和资本的涌入，AI代理的各种创新仍在不断涌现。

Therefore, the development of AI agents has great potential, which also means that the driving force within this ecosystem remains strong.

因此，人工智能代理的发展潜力巨大，这也意味着这个生态系统内的驱动力依然强劲。

With such internal driving forces, even if the external environment is not very optimistic or is volatile, I still hold an optimistic attitude towards the progress of the entire crypto ecosystem.

有了这样的内在驱动力，即使外部环境不太乐观或者波动较大，我仍然对整个加密生态的进步持乐观态度。

So our readers should not be too concerned about short-term fluctuations; instead, continue to focus their attention and time on the specific areas they are interested in, explore the niche sectors they are optimistic about, and look for specific projects they can participate in.

所以我们的读者不要太担心短期的波动；相反，继续将注意力和时间集中在他们感兴趣的特定领域，探索他们看好的利基行业，寻找他们可以参与的具体项目。