In the long run, the US stock market #BTC is just beginning to decline. The US stock market is a relatively mature ATM. There is no fundamental difference between A-shares and US stocks. A-shares' limit-down mechanism indeed offers more protection for retail investors, with slower declines and higher leverage thresholds, giving retail investors ample time to cut losses. However, the most stable approach for retail investors is still dollar-cost averaging into index funds. The A-share index has been building a bottom for nearly three years, and the A-shares are expected to see significant room for growth in the next 1-3 years. As for BTC, it still looks like there will be opportunities below $50k after surpassing $80k+.