Many people blamed the big drop last night on Iran's missile launch at Israel, but those who read my diary know that I gave all my BNB and some BTC the day before yesterday, and also gave the reasons. So in my opinion, the war between Iran and Israel is just the fuse, and the actual drop is probably above expectations.

At present, the big expectations of web3 are basically over: halving, interest rate cuts, ETFs; and the current currency circle itself lacks innovation, and basically plays meme, and the end of meme is "return to zero, leeks take over". So, after the expected rise of this round of interest rate cuts, it broke the line the day before yesterday, and I sold it without hesitation.

However, there is one thing that is not good enough, that is, I did not give the copycat: lista and cati. I thought to myself that this has fallen so much, how much lower can it fall? As a result, the copycat has no lower limit when it falls. If BTC falls by 3 points, it can fall by 20 points, which is nearly 7 times. In this way, even if the copycat has only 5% of the position, it will fall to 35% of the position.

Therefore, try not to touch the altcoins in the future. If you want to buy, buy when it is rising, and clear the position immediately once the rise ends. Because there is really no lower limit when it falls.

Today, I also sold all TON, lista, and cati during the rebound. Now I have almost only BTC and a lot of U. Wait for the right time to buy the bottom. I feel that this adjustment is not over yet. So I pay for my own views, and I will not regret it even if I miss the opportunity when it rises later.