Today the market has significantly retraced. Lao Bai, in addition to calming everyone's panic in the community, has also been watching the market all day, fearing that a turnaround could happen at any moment. This weekend, he will synchronize this video. After watching it until now, it has gradually stabilized. The current trading strategy remains unchanged, so let’s first share a text version!

1. On the K-line

From history, after breaking the new high of 20,000 in October 2017 and doubling to the 40,000 mark, there was a retracement, and then it continued upward. This time, after breaking the 21-year high, it has approached around 100,000, which is very similar to the previous 40,000. Currently, it is in a retracement phase, and it is highly likely that it will go up again!

2. Macroeconomically

1. The essence of the decline is that the expectations for interest rate cuts have decreased. Initially, the expectation process was 30%-50%, but now it has turned into 60% or even more! The good news is that the bull market is still on. As long as there are no rate hikes next year, we can rest easy this year, remaining in the bull market phase.

2. A total of 1 billion dollars was liquidated across the network, but large funds are still continuously buying. A giant whale bought 503.1 billion dollars' worth of Ethereum at an average price of 3,501 dollars. The Trump family’s crypto project WLFI bought 722.2 Ethereum at an average price of 3,461 dollars. Institutions are still buying, so don’t panic!

Summary: The market is stabilizing, don’t panic. Buy the top 100 by market cap with your eyes closed; you should be ready to run in about 1 to 2 months! Our time is running out!