At 5:30 in the morning, I saw Trump say that the US-Iran agreement had been reached. Then gold started a big rally, rising to 4200. Bitcoin went up to 65,000, and Auntie—Ethereum—reached 1700. Now I looked again: gold is at 4300, Bitcoin is still at 65,000, and Auntie is still at 1700. This cryptocurrency has been stuck in place for over 4 hours—what’s going on? Gold has even risen another 100 dollars.

I have to say, cryptocurrencies are really garbage. Where did all the liquidity go? It was clearly not like this last year—why has it turned into this in 2024? I remember Ni Da saying that if the spot Bitcoin ETF gets approved, the inflow would be much stronger than gold, which would be a positive development. But looking at it now, where is this strength? The price has dropped by half, and even the rebound isn’t as strong as gold.

Rich people trade big money in the U.S. stock market, while only small money comes to play in the crypto圈. With this kind of market, even small money isn’t coming to play anymore. Do you remember those World Cup sports concept coins that were pumping really hard before? This year, the World Cup sports coin concept—CHZ—basically didn’t rise at all. It even fell. Trading volume was only 569w. Previously, you guys even brought up World Cup sports coins, but now nobody mentions them.

Forget it—I’m not going to talk anymore. I’ll go get a health check at an electronics factory and then go back to work, screwing in screws. Talking too much is useless. It’s exhausting.