June 20, 2026

Happy holidays, the market is relatively boring, but this small retracement didn't continue to fall back to the previous low, which is a pretty good signal, even though currently Bitcoin and Ethereum prices are not far from their previous lows. From the overall market situation, there are still active coins, and some strategies I run daily can occasionally observe short-term explosive coins, but such opportunities are also very difficult for retail investors to catch. For example, BTW, this type of new coin that has just launched has limited circulating tokens and is heavily controlled by the main players, so they can push the price up, but for many altcoins, launching and then dumping immediately makes it hard to play.
Recently, the US and Iran's peace talks have been progressing well, and oil prices have also dropped. Looking back, the price should be around 100, accumulating many short positions; otherwise, during the Strait of Hormuz closure, it wouldn't have been able to rally continuously, which is a bit strange. Of course, commodities can't be fully referenced by financial market habits, but for such a large tradable commodity, there will definitely be capital and manipulation. I still hope the Strait of Hormuz opens sooner because oil, as one of the most important basic industrial raw materials, will eventually transmit the tightening to consumers.
There’s not much to say about the market; I really want to continue to reinforce my faith. This price might not be the lowest point of this round of bear market for Bitcoin and Ethereum, because according to the four-year cycle law, the market will fall into the second half of the year, and if it consolidates at this level for too long, there might be another dip before the final rally. However, at this very high probability, this price also...