According to Lookonchain monitoring, in the past week, BlackRock's IBIT has cumulatively increased its holdings by 16,975 Bitcoin, approximately $1.17 billion, while BTC's price has also risen by over 8% in the past week.

The magnitude of this rise is actually not closely related to retail investors; it's all driven by institutions. Are the institutions too foolish or are the retail investors too clever?

Currently, there are many retail investors who have not entered the market; the habitual declines since March have made retail investors accustomed to it and have developed a downward mindset, believing that every rise must be followed by a fall.

Therefore, after this wave of rise, everyone is eagerly waiting for the market to return to 60,000 or even above 50,000. Currently, it's indeed very cruel; the probability of the market returning to this position is actually very low.

Of course, we cannot rule out the possibility of the market continuing to wash out; if it returns to 60,000 or if there is a sudden washout, we are already prepared. If the market drops, we still have cash on hand to buy at the bottom, so we are not panicking at all.

From a probability standpoint, the chance of returning to this position is very low.

Since BlackRock dares to buy at this position, regardless of whether the market rises or falls in the short term, Thirteen believes that following their rhythm will not be wrong, at least at this stage.

The scenery we see and the scenery BlackRock sees are definitely different; their funds move and attract market attention, so there's basically no secret to it.

From this perspective, we can basically rule out the possibility of BlackRock inducing a high; their capital is too large and will only engage in long-term cycle investments, rather than crazy short-term trading.

Therefore, as retail investors who are already in the game, what do we have to fear? Market fluctuations are normal; we can just ignore them.

2,

The following coins will experience a large amount of unlocking in the coming week. If friends holding these coins can avoid risks in advance, at least temporarily refrain from buying.

As the market has developed to this point, many friends have started to go crazy opening contracts.

Some people believe that the upward trend is already very obvious and that they can go long now.

Another group of people believes that the market has reached a temporary top and that they can go short now.

In the past 24 hours, $86 million was liquidated across the network, with longs and shorts being roughly equal, indicating that the current market has not chosen a direction and is oscillating at this position, repeatedly harvesting gains.

Whether long or short, it's very difficult to make money now, so everyone should refrain from opening contracts at this stage.

Today a friend in the circle shared contract positions, which I had to prohibit.

Thirteen Circle primarily focuses on spot investment. Contracts should only be engaged when the trend is confirmed, not while trying to take risks at this position.

There are many ways to make money, and Thirteen Circle has chosen the safest one.

Thus, in the current market, the best approach is to wait for the market to choose a direction, rather than gambling. Once the market moves, Thirteen will provide relevant strategies.

Overall, the trend is upward, but the process in between is very complex and unpredictable.

3,

Michael Saylor, the founder of MicroStrategy, says that in the next 21 years, Bitcoin will appreciate by 29% each year.

Thirteen agrees very much, but that doesn’t mean we need to hold Bitcoin for 21 years without moving.

Ordinary people cannot be compared to these big shots; they already have more money than they can spend in a lifetime, and now they are merely fighting for personal value and honor.

As ordinary people, our basic needs for food, clothing, housing, and transportation have not yet been met.

When it comes to clothing, we need to look at the price. We still prefer to buy discounted eggs daily. A flat apartment has always been our dream, and even the Xiaomi SU7 is something we cannot impulsively spend on...

This is the current situation of the vast majority of ordinary people.

The money I've earned in the crypto circle is necessary to meet our basic physiological needs.

How should we grasp this?

Thirteen's advice is to trade through bull and bear cycles, occurring roughly every four years. Each bull and bear cycle is enough to improve our lives, as long as we don't make mistakes. Coupled with the effect of compound interest, three bull and bear cycles are sufficient to ensure our basic needs are met.

Retail investors in the crypto circle are basically losing money. The reason is simple: we are too shortsighted. Once we encounter market fluctuations, we get led around, buying and selling frantically, and after all the hassle, we end up losing everything.

Thirteen just hopes that everyone can ignore short-term fluctuations and strive to make everyone a long-term investor.

This is what Thirteen learned through hundreds of thousands of painful lessons.

4,

Tonight, the Bitcoin market experienced a decline.

This situation is a normal pullback confirmation, as the pressure above 70,000 is too strong.

Continuing to advance after a pullback is the healthiest trend. This has already been clearly stated in the Thirteen Circle today; just place orders at the right points.

Many friends are starting to feel fearful in the face of a declining market, but there's really no need for that; this degree of market fluctuation is just a drizzle.

For many who don't have enough positions, it's advisable to buy as the market drops, rather than always aiming to buy at the absolute lowest point.

Life is unpredictable; we are not gods and cannot time the absolute bottom. If someone tells you they can, then they are definitely a scammer.

Even BlackRock and Buffett cannot do that.

The highest and lowest points of the market are both impulsive behaviors from a group of foolish people; we are normal people and cannot lower our intelligence.

In short, a decline presents a buying opportunity.

At that time, Thirteen will inform everyone.