2024 is the year when most people collapse, and the future is bright

This year, I spent the Mid-Autumn Festival with my family in Hong Kong, China. This time, I spent a relatively long time in Hong Kong, and I visited relatives and friends in Hong Kong more fully, and I had a direct observation of the various aspects of Hong Kong. Although a large amount of foreign capital has left Hong Kong in the past two years, it is still the most important bridge for communication between China and the West, without a doubt.

Through what I have seen and heard in the past few days, Hong Kong is very similar to people in the mainland in one aspect, that is, in 2024, most people are trapped in pessimism and disappointment about the future, and think that they can't see the future, which is very different from last year. Last year, many people still believed that they would get out of the predicament soon, but this year more and more people have recognized the reality.

In terms of global core assets-US stocks and cryptocurrencies, although the bull market has been going on for almost two years, this year AI and web3.0 have experienced brutal mid-term adjustments. Compared with US stocks, cryptocurrencies have adjusted more brutally. In addition to BTC, ETH and various copycats are even more miserable. Never think that the adjustment of the bull market will not kill people. Most people in the currency circle have collapsed. But with the first rate cut of the Federal Reserve approaching, the paradigm shift will come late but not late.

Today is beautiful, and tomorrow will be even better, but most people fall on the eve of tomorrow. I wish you all a happy family reunion, good health, and prosperity during the Mid-Autumn Festival. I hope you and I will be together in the second half of the bull market.