The second quarter of the encryption market can be said to have been a pullback since March 13th, and finally took a breath and started to rebound at the end of May. However, the rebound lasted for less than half a month. In late June, the market fell again, and the entire encryption market showed no improvement in the second quarter. For the group of frens who mainly hold BTC, in the second quarter, BTC fell from a low of 70,000 to 58,000, with a total asset pullback of about 10% to 20%. Basically, we entered the market between 20,000 and 30,000, so it's still okay. Can't say we're happy, but we can say we're doing fine. But for the frens who mainly hold altcoins, the second quarter was very difficult. The average pullback of altcoins reached a staggering 50%, and even the more resilient coins experienced a 20% to 30% pullback, which is comparable to a bear market. Ah, for those who already hold altcoins, there is really no other way but to hold on. That's how the encryption market is - it scares you when it falls and rises. For the frens who haven't entered the market yet and remain short positions, they are very fortunate now. They can take advantage of the lows of those of us who entered early. Of course, at this time, everyone is calling for a market rebound. If you dare to enter, what you need is the courage to be independent. This courage may bring you excess returns. As of now, I still don't see any possibility of the bull market ending. The cycle remains the same, and there is still a 90% probability that BTC will break through 100,000 in the second half of the year. So, as the saying goes, although the body is on the road to delivering takeout, the heart always believes in the distant future of BTC. I will continue to update the content of the encryption market. Frens who are interested, please keep following.