Song Xiqing: The banks have all come out to send messages, and you still dare to rush in recklessly?

Brothers, I have something to say this afternoon.

The Bank of China just issued a notice, warning everyone about precious metal risks. Geopolitical issues, the Federal Reserve, large price fluctuations—basically: don’t get caught up, take it easy.

When does the bank usually issue such reminders?
It’s usually when they see some people getting overly excited, chasing highs, and piling up risks, then they come out to give a warning.

Everyone has seen the recent situation with gold—rising and falling again, washing back and forth. It looks like an opportunity, but if you’re not careful, you might get caught at the top.
This time, the bank is basically saying: stay calm, don’t be reckless.

My views are just three points:

First, in the short term, it will only be more turbulent, not more stable.
Geopolitical tensions haven’t eased, rate hike expectations are fluctuating, and there are people stirring trouble both up and down. Chasing gains and selling losses now is just giving away your head.

Second, long-term is fine, but you need to withstand the retracements in the middle.
The bank also said that long-term investing can reduce volatility impact. To put it simply: don’t expect to get rich overnight, you need to hold on.

Third, lighten your positions, don’t go all-in, don’t hold on stubbornly.
At this level, both long and short positions can lead to losses, and those losses come from not setting stop-losses.
Keep positions light, buy in batches, and set a good bottom line—don’t go against yourself.

To sum up: since the bank is urging you to stay calm, don’t rush headlong into danger.
The market isn’t over, but what matters next isn’t courage, it’s patience.
Song Xiqing always says: those who follow the trend are never in a hurry.
The wind hasn’t stopped, but first, fasten $BTC your seatbelt.