According to Lookonchain monitoring, over the past week, BlackRock's IBIT has accumulated 16,975 Bitcoins, approximately $1.17 billion, while BTC's price has risen over 8% in the past week.

This level of rise is actually not much related to retail investors; it's all driven by institutions. Are the institutions too foolish or are the retail investors too smart?

Currently, there are a large number of retail investors who have not boarded the bus. Since March, the habitual decline has made retail investors accustomed to it and has created a downward mindset, believing that every rise must lead to a fall.

Therefore, after this wave of rise, everyone is eagerly waiting for the market to return to 60,000 or even over 50,000. It is indeed very cruel now; 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 positions. If it returns to 60,000 or even washes out again, we are already prepared. If it drops, we still have cash to buy the dip, so we are not panicking at all.

Just from a probability perspective, returning to this position is very unlikely.

Since BlackRock dares to buy at this position, regardless of the market's rise or fall in the short term, Thirteen believes following their rhythm won't be wrong, at least at this stage.

The scenery we see is definitely different from what BlackRock sees. Their funds moving even slightly will attract market attention, so there's basically no secret.

From this perspective, we can basically rule out the possibility of BlackRock inducing highs. Their capital is too large, and they will only invest for the long term, not engage in crazy short-term trading.

So, as retail investors, we are already on the bus; what do we have to fear? Market fluctuations are normal; we should just disregard them.

2,

The following currencies will face a massive unlocking within the next week. If friends holding these currencies can avoid risks in advance, at least do a temporary hold on buying.

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

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

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

In the past 24 hours, the entire network has seen liquidations of $86 million, with longs and shorts being basically half and half, indicating that the current market has not chosen a direction but is oscillating at this position, repeatedly harvesting gains.

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

Today, a friend in the circle posted contract points, and I banned it.

The Thirteen Circle primarily focuses on spot investments; contracts are only for when the trend is confirmed. We should not be reckless at this current position.

There are many ways to make money; the Thirteen Circle has chosen the most stable one.

Therefore, in the current market, the best approach is to wait for the market to choose a direction instead of gambling. After the market moves, Thirteen will provide relevant strategies.

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

3,

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

Thirteen agrees strongly but does not mean we should hold Bitcoin for 21 years without moving.

Ordinary people cannot be compared to these big shots; they originally have enough money to last a lifetime, and now they are purely fighting for personal value and honor.

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

When buying clothes, we need to look at the price. We still prefer to buy discounted eggs every day. A big flat is always our dream, and we can't impulse buy even a Xiaomi SU7...

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

The money I earned in the cryptocurrency circle needs to meet our basic physiological needs.

How should we grasp this?

The suggestion from Thirteen is to trade through bull and bear cycles, about once every four years. Each bull and bear cycle is enough to make our lives better as long as we don't make mistakes and, combined with the effect of compound interest, three bull and bear cycles are sufficient for us to live worry-free.

Retail investors in the cryptocurrency circle are generally losing money for a simple reason: we are too shortsighted. Once faced with market fluctuations, we get led around, buying and selling crazily, and after all the fuss, we're left with nothing.

Thirteen just hopes to ignore the short-term ups and downs together with everyone and strive to turn everyone into long-term investors.

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

4,

Tonight, Bitcoin's market has seen a decline.

This situation is a normal pullback confirmation, as the resistance at 70,000 is too strong.

A healthy trend is to continue pushing up after a pullback; it was clearly stated in the Thirteen Circle today that you can place orders at suitable points.

Many friends are starting to feel fear in the face of the downward trend, but there is actually no need; this level of market fluctuation is just a drizzle.

For many friends with insufficient positions, it's advised to buy on the way down; don't always think about buying at the lowest point.

Life is unpredictable; we are not gods and cannot buy the dip at the lowest point. If someone tells you they can, they are definitely a scammer.

Even BlackRock and Buffett can't do it.

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

In short, a drop presents an opportunity to buy the dip.

Thirteen will notify everyone when the time comes.