This weekend, I chose to turn off the candlestick charts and go for a hike. The market is always volatile, but spring waits for no one. Holding cash is not giving up, but leaving room to observe.

Regarding the market trend, I lean towards "continuous cooling." The rebound is shrinking in volume, and hot spots are rotating faster, more like a consolidation phase. Instead of guessing the bottom, it's better to wait for the right-side signals to appear.
In my watchlist, ETH is still consolidating near key support, and a few projects in the L2 leading sector and AI track show signs of capital accumulation. They are waiting for the wind to come, not rushing ahead.
Signals to watch closely: First, macro data, especially next week's CPI and unemployment claims; second, the flow of stablecoins on the chain—continuous outflows indicate tight liquidity in the market; third, changes in BTC market share—if it rises rapidly, the altcoin season will be delayed further.
Slow down to see the rhythm clearly. Holding cash and watching the flowers bloom is also a form of position management.