Hello everyone, I am Zhihuan. Yesterday was a day worth recording in history. The crypto market ushered in an epic crash. The big cake directly fell into a waterfall. For those who have experienced the March 12 and May 19 crashes, this crash may not feel strange at all. The number of people whose contracts have been liquidated has reached 290,000, and the liquidated funds have reached 1.12 billion US dollars. It can be said that there are many bones of people who play contracts, and they are all the kind that have been hung on the wall. In the financial market, wealth will not be created, but only transferred. It is just transferred from retail investors to a small number of people. As for this crash, there are reasons for the implementation of the expectation of interest rate cuts, and there are also reasons for Buffett to sell Apple shares. In the second quarter, he sold a net of $75.5 billion in stocks, bringing his cash reserves to a record $276.9 billion, a significant increase from $189 billion in the first quarter. Among them, Berkshire Hathaway also significantly reduced its holdings of Apple, its number one holding, from 790 million shares to 400 million shares, a reduction of about 49%. Buffett can be said to be a representative of the US economy. He directly sold half of his Apple stock holdings, which means that this century-old man is not optimistic about the US stock market. In terms of emotions, a leader like Buffett, when he is bearish, will definitely affect a large number of people to do the same. Bitcoin and US stocks are linked. The sharp correction of US stocks has also led to a direct collapse and correction of the cryptocurrency circle. Now the trend of Bitcoin, if you want to rebound in a short period of time, it is actually quite difficult to rebound in the short term unless there is a very good news that can drive the funds in the market. Looking at the past market conditions, the 312 and 519 markets were all extreme declines, and the long chips were robbed, and then the big market came. As a participant in this market, in this extreme market, unless you already have a position, then hold it, otherwise, blindly buying at the bottom will only make you slap yourself in the face. Regarding bottom fishing, the global market indices have been unstable in recent days, and the crypto market is no exception. Now all we can do is continue to wait and see, waiting for the market to stabilize and then bottom fishing. Now these chips are really bloody chips. The market is cruel, and it is really easy to be buried if you don’t know anything. This year’s financial market will not be very peaceful, but as long as you can get through it, there are opportunities. This is a historic moment. Don’t question it. When a crisis occurs, there are actually more opportunities, but many people just can’t see it.I would like to recommend another indicator for reference. The current fear and greed index in the market has reached 26. Those who want to buy the bottom of the spot market can focus on the position below 20. When the fear value reaches below 20, the spot market can choose to buy the bottom in batches. #加密市场反弹