Just finished going through the US “Crypto Market Structure Bill.” Honestly, reading the original text is exhausting. It’s packed with technical terms, so I had to look up translations as I read, and after a few days, my eyes are about to give out.

There’s a ton of information, and I’ll break it down in detail when I have time. Or maybe we can chat about it during a livestream this Saturday?

Is this bill good or bad for regular investors like us? Where are the opportunities? To get straight to the point—the wild era of getting rich overnight by luck is coming to an end. A new game where you have to rely on real skills to make money is being established. The crypto market will increasingly resemble an extended battleground of the traditional stock market, but this time with the backing of a legal framework.

Recently, I’ve been running offline training sessions for students, constantly outputting. Meanwhile, BTC has been swinging up and down by more than a dozen points, sometimes even more, so I have to seize the opportunity to focus on trading and making money—after all, I can't work on an empty stomach or without clothes, right? No one’s supporting me; I have to rely on myself.

Juggling trading, teaching, and self-improvement—my study time really has to be squeezed in.

But my student, Jiang, gives me a lot of confidence this time. He’s a crypto veteran—has mined DeFi, made quick money on meme coins and also suffered big losses, blown up contracts, and farmed a ton of airdrops... He’s basically stepped into every pitfall, so his understanding is actually quite deep. He just needs to adjust his mindset, broaden his vision to a global scale, and rebuild his trading system from a big-picture and systematic perspective, refining the details. I believe he can make back that 5 million loss. I’ll stick with him and witness the day he takes off again.