Let me talk about the current market and ideas. Yesterday, due to the impact of the stock market circuit breaker, the lowest market value of the bitcoin market evaporated by nearly 400 billion US dollars, and the lowest price of the bitcoin market was 49,000. Today, major stock markets presented a miracle day, and many markets were suspended. Most retail investors in the cryptocurrency market have also gained confidence.

Let me briefly talk about my current ideas: First of all, from the lowest point of last night, the bitcoin market rebounded from 49,000 to 55,000, it has rebounded by more than ten points. I don’t think it’s a good time to enter now. Blindly following in is easy to bury.

The experience of the market’s historical trend has taught me that after all the surges and plunges, the potential energy will continue to be released in a sideways manner. If there is no sideways movement in the short term, I don’t think the short potential energy has been released. This is also the reason why I didn’t let everyone rush to grab chips. And the timing of my entry is the time point of the next sideways movement.