#BTCBreaks89k

The Shanghai Composite Index sees 8000 points, the Shenzhen Index 20,000 points, logic points to 2026, with Shanghai at 8000 points and Shenzhen at 20,000 points.


The two markets have a turnover of 2.5 trillion, with 37 billion in the North Exchange. The North Exchange has finally reduced its volume, which is a good thing.


The market opened to give everyone a massage. After the morning session, the market was very scattered, with no obvious main line. Apart from the oversold pharmaceuticals and the new energy vehicle industry chain, everything else was left to flow freely. The K-line moved downward, hitting confidence.

I feel lost in short-term trading, not knowing how to start.


What's most disgusting is that Bitcoin touched a peak of 89,940 USD, close to 90,000 USD, which translates to 640,000 RMB each.


It's like being hungry and then getting beaten up, only to see the other side gnawing on a beef bone. It's unbearable.


Regarding Bitcoin's future,
Six years ago, I wrote an article predicting that by 2025, Bitcoin should reach 470,000 USD. When I wrote in 2019, gold had not yet doubled, but now gold has indeed doubled, so the value of Bitcoin should be corrected to reach over 900,000 USD in the future.

What I said is that there may be one more bull-bear cycle, not an immediate resolution.


It looks impressive, but for me, this is a heartbreaking market because I am not a holder.


The reason for running back to A-shares is that I went bankrupt there, attempting to fight against the market when I knew it was peaking, fantasizing that I was the chosen one who could escape the fate of being harvested.


Although Bitcoin has a long-term view, it is based on long-term logic and hard logic, which does not require daily trading.


Unfortunately, people are emotional animals and cannot remain indifferent, especially since this market is naturally suitable for gamblers.
24-hour trading,
Leverage can be opened at 1-100 times freely,
As I keep trading, I get obsessed,
Plus T+0,
Gamblers can turn a few tens of thousands in capital into millions in turnover in a day.
In the end, just the trading fees exceed the principal.


Later, I realized that I ultimately lacked self-discipline, which has nothing to do with technology. It might be better to return to A-shares because compared to that circle,


The A-share market is like trading at 0.25x speed, a slow-motion trading circle, making the logic simpler. Coupled with my perception of policies, I turn back to A-shares.


For the last time, my capital was completely lost, and I owed a million.


The feeling of despair on the day of bankruptcy is something I truly do not want to remember; it was incredibly suffocating, a feeling of being lost, often thinking that life would end so bleakly.


Fortunately, it's not the first time I've broken down. Like a cockroach that can't be killed, I can stand up every time and eventually manage to stay afloat, maintaining a normal life, which is the normal state of life.


Since we mentioned the crypto circle, let's predict (guess) a few conclusions and look back in a few years.
1. Bitcoin will reach at least 500,000 USD.
2. Dogecoin's market cap will surpass Ethereum.
3. It won't be possible to achieve the above goals in just one bull-bear cycle.
4. Bitcoin will become a strategic reserve asset for some countries.
5. The altcoin market is completely a scam market, entirely a scam, no exceptions.


Guessing these things is not to encourage everyone to participate because most people will eventually get involved in contracts, ending up with nothing, becoming fuel for Bitcoin's rise, burning themselves while illuminating others' A8.


Also, since 2021, these trades have been defined as illegal financial activities.


Back to A-shares.


Although the drop was severe, the logic of the A-share bull market has not changed; the various macro and micro logics we previously discussed have not encountered problems.


Sometimes, when I am influenced by short-term emotions, I often ask myself, has the logic changed?


If not, then don't worry; the rise is just a matter of time in the future. The temporary drop is just a partial exchange of chips.


If there is, clear out and leave, don't look back.


Clearly, the logic of A-shares has not changed at all. The reason for the drop is also related to the recent nonsensical rise of meaningless things, ignoring fundamentals, disregarding logic, just wanting cheap prices, low positions, pulling up a few limit ups first—this embodies the A-share market's drift towards cryptocurrency.


Therefore, the daily report says to have a slow bull market, not a fast bull.


The weekend actions in the village were also to curb this kind of speculative atmosphere.


Thus, the recent market can only be defined as a structural adjustment period, a good time for reallocating stocks.


Today, instead of saying the main line is pharmaceuticals, it would be better to say it's pulling up sectors that haven't seen significant rises since September. After the pharmaceuticals rise, basically no sector will be absent this time.


So, a new wave of rise begins a new cycle, most likely led by brokerages.


After brokerages, the next is semiconductors, followed by consumer electronics, which have the advantage of being the first to adjust in both time and technology compared to other sectors. I don't know which day will come next, but with a related positive stimulus, it could rise directly.


So, there's nothing to worry about. The most important thing in a bull market is to choose correctly and hold on. Look at Bitcoin, from 2009 to now, it's thousands of times, and from 2017 to now, it's also 40 times.


I have a premonition that the next wave of rise will be driven by one of the following three news items:
1. CITIC Securities restructuring.
2. Exemption of stamp duty.
3. Margin deposits given to brokerages.
Currently, the fastest progress might be CITIC Securities restructuring, as they changed general managers a few days ago, and today Yuexiu Capital plans to sell no more than 1.00% of CITIC Securities' total share capital. These actions are likely preparations for CITIC's restructuring.


I have always said, when the time is right, you must be on the right train,
Don't be anxious, and don't stare at the market every day,
As long as the logic foundation is solid, the rest is up to time.
Tomorrow, I am still quite optimistic. Everyone should rest well and take care of their minds, always be prepared.