A reminder to everyone again, do not chase longs, and do not go long, the risk factor is getting higher and higher, whether in the crypto market or the US stock market. Do not go long because the yield on the US 30-year Treasury bond is already the highest in 20 years, even higher than during the financial crisis. Personally, I don't think there will be a financial crisis this year, but some people in the market are already shouting that the financial crisis may come early.

Why isn't the crypto market crashing hard? Last week was Black Tuesday, and this week is also Black Tuesday. Global markets are diving, but the crypto market neither falls nor rises much. It's a bit confusing to understand the current market.

I ran away from Ethereum around 1890, afraid it wouldn't drop further

It's still too early to say whether Bitcoin will drop to zero, and it's way too premature. Anyway, I'll short it once it rebounds. The bottom of the bear market is 57750? That's impossible... It's a tool for the rich to entertain and harvest. Sometimes I vaguely feel that Bitcoin and Ethereum are gradually being abandoned; otherwise, why introduce so many US stock tokens 🤔? Even MSTR keeps selling it off continuously?

Do you believe that Bitcoin will go to 0🤔?

I'm exiting my Ethereum position first, sold at 1890. The daily chart has been fluctuating sideways, just like a horizontal line. Yesterday's gains basically dropped back today. The market is unclear between bulls and bears, it's pointless. There's no profit in going long or short.

National debts are soaring in every country worldwide, and gold and silver have already entered safe-haven mode early, so everyone should control their leverage. Debt remains high, the AI bubble is intensifying, and interest rates in various countries have not been lowered. Coupled with the financial crisis causing widespread panic, a financial crisis this year is impossible, but that doesn't mean it won't happen next year or the year after. Additionally, food products have already entered a crisis phase; many are saying that food will face a crisis next year. Japanese rice has already reached 20 yuan per jin, so the crypto market will inevitably crash hard as well. No global financial product can avoid this. Currently, the US stock market is just experiencing a dead cat bounce. It was previously said that the US stock market would crash within 50-60 days after the death cross, and more than 20 days have passed, so it's coming soon.

The volatility in the crypto space right now is unmatched, not very strong. Is it forcing everyone to run to the US stock market 🤔? I want to wait for the final drop in crypto, but it just won't fall or rise. It's just trying to wear people down to self-doubt, self-collapse, and then deliver a heavy blow...

Ethereum keeps doing T trades, with pitifully small profits, finally pulling the cost price up to 1900……

Whether it goes up or down, friends, I've repeated it many times: I am bearish. I don't believe that the longer the horizontal, the higher the vertical. I only believe that a long horizontal inevitably leads to a drop. There's no liquidity at all, so what's the point of any rise.