September 27, 2024

Three big positive lines, thousands of troops are coming to meet. I saw that my A-share position has recovered, but some people around me have been trapped for several years and are still on the way to recovery. This incident tells us not to be easily fomoed by the so-called rise. Some people do make money in this wave of market, but few people who really play stocks can do such a precise large position to bottom-fish. They are either trapped early or scared to enter the market. As for those who don’t play, you can open an account and recharge money, but you must also be prepared for the possibility of a wave of market. The reason why I don’t play now is because the sideways cycle is too long.

Those who have been in the B-share market for a long time have heard the saying "One day in the B-share market is equivalent to one year in the stock market". Of course, it is the other way around these days. Even so, it cannot change the fact that the stock market has been in a long-term downturn. Don't forget that it is still around 3,000 points, and don't forget that those who rushed into the market when the fund was hot in the past two years have not yet recovered their investment. However, I will not prevent you from making money. Objectively speaking, this wave of A-shares has the opportunity to achieve a big bull market. After all, there has been no bull market in this market for several years, so let's wait and see.

Today, the good news for B-circle is that Zhao Changpeng was released from prison ahead of schedule. This well-deserved richest man in B-circle cannot be erased from his contribution to the entire circle, including the supervision and compliance of exchanges. Every industry needs a true spiritual leader. These people start businesses not just for money, and even have nothing to do with money in the later stages. Only then can they truly do things that benefit the industry. Musk, who worked on rockets, Ultraman, who worked on AI, and Steve Jobs, who worked on Apple, all belong to this category in my opinion.

In terms of market conditions, the CNY has quietly come above 65,000 points. Although this position has not been completely broken, this trend seems to tell the market that the pressure of 65,000 points is already in the bag. The A-share market is closed during the National Day holiday, and CNY has the opportunity to break out of the market during this period. The current environment is indeed more favorable, so it is not surprising that it is strong in the short term. However, as I said before, we can not operate at this position of sideways fluctuations, and wait for a complete breakthrough or decline, and then block this market from both ends.

Thank you for your attention and likes.