Today, let's talk about several famous crashes I experienced before: 2020.312, 2021.519, the 2022 Luna incident, the FTX incident, and it seems there haven't been any significant crashes remembered in 2023, except for 2024.85 (I entered the circle in 2018, so I didn't experience 2017.94). Feel free to add more.

Today is different from those mentioned above. It's just a small episode in the main bullish wave of the market. Unless the trend disappears in Q1 next year. However, the probability of economic issues or other black swan events occurring is very low. Also, the transfer of power in the U.S., the new SEC chairman, and so on are all hype for positive sentiment, meaning this is just a normal pullback in a bull market. Don't panic.

312 was due to the U.S. economic recession and the pandemic. 519 was related to policy issues from Dongda and I remember Musk stirring things up with aggressive liquidation. The Luna incident and FTX incident are well-known and don't need further explanation.

This year's 85 is due to expectations of trading recession and Japan's interest rate hike, which could lead to panic over a liquidity crisis in arbitrage trading.

So right now, even if there is a U.S. economic recession, it's still early. Therefore, stay steady; we can win. Of course, the new trend and FOMO sentiment might not be as strong this month, but maybe next month.

So let's look forward to it.

In this unpredictable market, maintaining sharp insight and calm judgment is crucial. Let's embrace this period full of opportunities and make the investment journey smoother.