Today’s biggest hotspot is undoubtedly OpenUSD. At first, I thought this news was what dragged $BTC down, but upon closer inspection, it turns out Bitcoin’s decline happened nearly an hour earlier than the announcement. Add to that the fact that tonight’s U.S. stock market performance is pretty good, yet BTC inexplicably drops more than 3% with no obvious negative catalyst—it really is a bit of a “makes no sense” sell-off. Still, it’s fine; the 59,000 dual-currency order I posted today will most likely be filled tomorrow.

It reminds me of something I’ve kept emphasizing over the past two years: crypto is still in a “rebound phase,” and hasn’t truly entered a reversal. I used to get teased by friends for this view, but now they’ve all changed their tune and say it’s a “bear market.” From a macro perspective, not only haven’t we seen a reversal, we haven’t even seen the “last leg down” yet—whether the U.S. economy will actually fall into recession remains uncertain.

As for how far BTC will drop next, I can’t give an exact level, but after many years of experience, I know this: the more it drops, the more you buy—the big direction is right. My current BTC average cost is still lower than $MSTR, and that’s thanks to the steady positioning from the past few years—pretty interesting: in 23 years I called for buying at 28,000, in 24 years I called for buying at 43,000, and I followed up with real money, holding it all the way to now.

Back when it was 100,000, I said clearly, “Too expensive—I’m not moving.” But after it fell from 100,000, I slowly bought back all the way down to 59,000. If it continues to fall, I will keep buying. Of the profits I’ve made these past few years, about half have been reinvested back into Bitcoin.

Today, someone asked me: Are you still sticking with the idea that 2028 will be a bull market? My answer stays the same—I said as early as 2025 that the goal is the end of 2028. All the patience and savings right now are essentially stockpiling ammunition for that target. #btc $BTC