The head of institutional strategy of a leading compliance platform recently shared an interesting observation on a podcast.

He said that the number of active Bitcoin wallets is about the same as it was three months ago. Although the open interest on a certain futures platform has decreased a bit, it doesn't align with the price trend. What does this mean? Market sentiment may not be as hot as it appears on the surface.

For those who entered at a high point this year, this guy's advice is quite simple — dollar-cost averaging is your most reliable ally. He has been investing for nearly 20 years and has seen too many cases of chasing highs and selling lows, leading to doubts about life.

In simple terms, don't expect to buy at the bottom and sell at the top; honestly build your position in batches. When you look at it over a longer time frame, it is highly likely to smooth out the anxiety caused by volatility. The market data is there; panic or greed is not as effective as discipline.