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A simple weekend recap
I spent this week in Singapore, mainly taking a photo with F1 champion Max Verstappen and attending a JJ Lin concert, while also experiencing the operation of F1, the world's top auto racing event!
These may all be things people liked when they were young but seemed very far away. If I had not entered the crypto industry, I probably would never have had the chance to experience them!
There is actually not much to say about 2049. Whether it is AI or the future mega financial platforms and other trends mentioned at the conference, they are actually still very far away from us retail investors. This time, some hardcore fans said that Sao Bro also wanted to travel around like me. To be honest, retail investors are the least likely to benefit from attending such conferences. Dreaming of obtaining the secret to wealth from a conference is pure delusion!
A conference is just like a company boss painting you a vision of the future. Retail investors attending conferences for no other reason will directly eliminate this idea from their minds!
Some people even directly ask me what bullish developments there are, and I do not reply. You have been in this space for more than a day or two, yet you still want to rely on bullish news to make money. Isn't that still the mindset of a bottom-level retail investor in the secondary market?
Most KOLs are very friendly. As long as you take the initiative to make the first move, most of them will respond with a smile and may even remember the scene of your last meeting. However, KOLs mainly attend to pursue more business, solidify existing partnerships, or explore more business opportunities. People like me, who are simply there to have some fun and also happen to learn about local education issues, are probably very rare!
BTC support/resistance levels: 87550/85150/81000/78425
ETH support/resistance levels: 2850/2695/2403/2345
The market fell sharply this week. After reviewing it, the volume of the decline was not particularly large, but it was very rapid, effectively shaking out most short- and medium-term positions in one go!
Trading advice: Hold on to spot positions that are temporarily underwater. If a stop-loss on a futures position is triggered, take the loss and move on! Once today's salary is paid, devote yourself fully to the market as usual tomorrow!
Don't panic when things happen. Panic never solves any problem; it only makes things worse!
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