The real big bull and crazy bull are still behind, what we have now is just an appetizer. The best choice is to release bullets in batches; remember, a decline at this stage is definitely a good thing. Let's discuss this from three levels:

1. Bringing in fresh blood: A decline is a feedback of market supply and demand, indicating that the upward force driven by BTC* in the previous stage has slightly weakened, with too many profit-taking positions needing fresh blood to enter. We also need to clear leverage and those with weak convictions. However, the best way to attract fresh blood is through an upward surge with high volatility, so when one stage rises to the peak of the cycle, MeMe will emerge, with BTC playing the role of making you bullish; MeMe plays the role of high volatility, which is why Meme has been so crazy recently, and it makes perfect sense.

2. A decline is for a better rise: A significant characteristic of a bull market is that there will be at least two to three major adjustments during the entire process. After each adjustment, the market will continue to surge forward. A drop followed by a reorganization or a shakeout is necessary to allow some indecisive participants to drop their chips, enabling a redistribution of wealth. Unless it's the last decline, previous declines are all for a better rise, with each one higher than the last. When the final adjustment occurs, the bull market will end with a cliff-like drop; thus, in a bull market, do not judge short cycles, only assess the peak of emotional value and historical high points. It is correct to think more about escape strategies every day.

3. Acquiring more chips: The essence of finance is not that money disappears, but that money transfers; why does it decline? Because there is a need to acquire more chips and to allow more participants to enter the market, so that the next round can break the shackles of 100,000; why does it rise? Once enough chips are acquired, it is time to start a rally. As for what positive news to use to drive the market and how high it will push, that's just a matter of operation. #比特币突破10万？