Today is the 466th day since I started posting dynamically, without a single day missed. Each post is not done half-heartedly, but is carefully prepared. If you think I am a serious person, you can follow me, and I hope the daily content can help you. The world is big, and I am small, so please follow me to avoid difficulty in finding.

The market has fallen again. To be honest, this was something I was concerned about a few days ago. The current market sentiment is too FOMO, and with the daily liquidation volume exceeding 1.7 billion USD, the probability of a decline naturally increases once the risk signals appear. Although it was within expectations, seeing Ethereum drop directly to around 3900 still made me go "wow," since 4000 was a strong support level before. Fortunately, Bitcoin didn't break down, and it held around 109000, so this decline can't be considered a collapse yet.

💥 Liquidation situation
According to experience, a super bull market usually goes through 2-3 major liquidations like this to dampen the crazy emotions. Moreover, this time, with a volume of 1.7 billion USD, it is not particularly exaggerated compared to historical bull markets. In other words, I still view this wave as a correction, not the end of the bull market. As for whether the next market rally will seek new hot sectors, it depends on how the market moves.

One point to acknowledge is that the recent surge in Ethereum has mainly relied on some U.S. companies that study micro-strategies. However, they haven't made any significant moves recently and have been relatively quiet. In the next few days, it’s possible to buy on dips with small positions, but it’s best to use the funds from previously reducing positions at higher levels, treating it as a short-term swing. To be honest, my mindset is still quite stable: there are still plenty of profitable events ahead, and the bull market rhythm is still ongoing.