December 9, 2025
Today the whole internet is buzzing about some big news—a major travel influencer, Lan Zhanfei, revealed that he was kidnapped in South Africa. Reportedly, the kidnappers had been planning for half a year, bribing South African airlines, hotels, and police to meticulously orchestrate this abduction. Fortunately, Lan Zhanfei is physically safe; although he lost a lot of money, for him, as long as he's alive, money isn't really a problem.
This incident has deepened my fear of certain corners of the world. In comparison, our public security management is still pretty good. If t

December 8, 2025
The chairman of the US SEC has spoken, predicting that within two years, the entire US financial market will migrate on-chain. Although this sounds a bit exaggerated—even as an industry insider, I find it hard to believe it will happen completely within two years, considering the sheer size of the US financial market is dozens of times larger than the crypto market. However, moving financial asset trading on-chain is indeed an ongoing transformation, and this is exactly what’s expanding the market size for RWA transactions.
Unlike the open attitude in the US, we are tighte

December 7, 2025
Let me continue to update everyone on the latest developments in AI over the past few days. Currently, the biggest application of AI is still in programming, which is called VibeCoding. Translated, it means natural language programming—in other words, you don’t need any programming background. You just need to describe your requirements in natural language, and AI can help you write the program. Of course, some people might feel that not only can they not program, but they also don’t know how to configure the environment, or even download programming software. That’s not a p

Attending an external conference today, taking a day off.

December 5, 2025
Recently, I’ve been increasingly aware of the power of AI. In fact, judging from the stock performance of companies like Nvidia and Google and the valuation of OpenAI, this wave of AI is a real technological revolution. But to be honest, I’m already late to the game—those who reacted quickly have long since made heavy bets on AI companies, and many AI-based derivative products have emerged, such as Doubao, AI video editing tools, and so on. The strength of Gemini 3.0 this time lies in the fact that any individual can use AI to accomplish the workload of a whole team; in othe

December 4, 2025
In the blink of an eye, Ethereum has broken through 3,200 again. The pace of this rally is pretty decent. Bitcoin continues to hold at 93,000 USD, and BNB has also climbed above 900 USD. The main reason for this surge is still the strong performance of the US stock market. Looking at the Nasdaq, there have been several consecutive daily rallies. Although there hasn't been a new high yet, last month's downturn has already been reversed. In other words, after this correction, the US stock market is likely to continue hitting new highs and follow the interest rate cut cycle for a

December 3, 2025
I saw in the news that the market price of Moutai liquor has already dropped below the distributor channel price of 1,499. The once unattainable 53-degree Feitian, under the double pressure of consumption downgrade and e-commerce, has fallen from its pedestal. Just last year, Moutai's market value became the leader of the A-shares, and at that time, people would compare "Eastern Moutai" with "Western Nvidia". Now, Nvidia still holds the top spot on the Nasdaq, and AI development remains in full swing. Perhaps choosing Moutai doesn't mean you've lost, but as AI continues to d

December 2, 2025
After a short-term decline, the market has temporarily stabilized. Currently, it seems that this wave of decline is still caused by negative news. Given this, I believe there is no need to be pessimistic about the subsequent market. The previous decline was due to the actual outflow of ETF funds, which is fundamentally different. Of course, the current rebound price has not yet returned to the level before the decline, so the short-term market is still primarily characterized by fluctuations.
Recently, one thing worth noting is the surge in silver prices. To be honest, the sig

December 1, 2025
The market has dropped again, giving a stern warning for December's trend. In fact, the overall judgment on the upcoming market is pessimistic; it is unlikely that a significant surge will occur again before the end of January. It has been reiterated that there are risks associated with cryptocurrency-related financial services, mainly because many cryptocurrency promotions have recently entered common social platforms, and many people are starting to fall victim to scams.
From this perspective, it is necessary to tighten regulation. To be honest, most people have no aware

November 29, 2025
Happy weekend! Compared to the previous few weekends, the market has been much better these two days, although it hasn't continued to surge. However, for a rebound market, being able to consolidate is a good sign, which helps to sustain the rebound trend. Currently, Bitcoin still needs to test the support at 90,000, while Ethereum is facing the test of 3,000 points. In fact, I believe that in the upcoming volatile market, it is highly likely that it will break down, and the key is whether the previous low of 80,000 can be defended. Even if we go through a second or even t

November 28, 2025
This week, the overall market trend is relatively stable. Even if there is no further increase in the next few days, Bitcoin can maintain around 90,000, and Ethereum barely holds above 3,000, which is acceptable. Currently, what is worth looking forward to is the implementation of interest rate cuts, as it will be a real benefit for the current monetary environment, unlike what everyone understands as good news turning into bad news.
Although I judge that the market will not be very good in the next one or two months, the low point from last week may become an important suppo

November 27, 2025
The market is gradually stabilizing, and this rebound is not the type that rushes up; it is a steady and gradual climb. As a result, the probability of further declines in the near term will become very small. Therefore, currently stabilizing around 90,000 is a very good signal. A couple of days ago, I took a 10% position to buy the dip, mainly considering that the sentiment was severely oversold, combined with the recent stabilization and rebound of the U.S. stock market, and last week's prices increasingly resembled the recent lows.
Another relatively good signal is tha

November 26, 2025
Looking at the current market situation, there is no intention to directly retest the bottom, and the recovery of the US stock market has also given more confidence to the upcoming trend of the market. Some people mentioned yesterday that the recent recovery of the market is directly benefiting from the expectation of an interest rate cut in December. The latest monetary policy meeting will be held on the 9th to 10th of next month, and the probability of a 25bp rate cut is currently around 80%. Therefore, whether it's the US stock market, gold, or the cryptocurrency marke

November 25, 2025
The market has once again experienced a significant rebound, especially Ethereum, which led the way with the largest gains, reaching a high price close to $3,000. Although looking at the daily chart, this price movement still appears quite unattractive, the performance over the past few days is still commendable given the recent weakness, particularly considering today is already Tuesday, which means institutional sell-offs may have come to an end.
Additionally, I saw an analysis today regarding large ETF institutions like BlackRock suddenly transferring large amounts of co

November 24, 2025
The test during Monday daytime has been temporarily withstood. Currently, the overall market has rebounded slightly compared to yesterday, especially with Bitcoin and Ethereum not continuing to break lower. For now, the probability of a sudden plunge tonight is relatively small. Judging from the results, the buying over the weekend may have allowed some to get chips at a stage bottom price. Of course, prices are still down significantly compared to before, so a slight rebound is nothing to be happy about.
Besides the price stabilizing, the USDC/USDT exchange rate has recently

Let’s briefly talk about today. The market saw a rare rebound. Although the strength of the rebound isn’t significant and it’s not enough to reverse the trend, it still helps to stop the recent sharp decline and boost market confidence. In fact, the price movement hasn’t fully found a bottom yet, so every rebound is important. Yesterday’s prices—$80,000 for Bitcoin and $2,600 for Ethereum—do have a certain probability of becoming bottom support. Of course, the real test will come tomorrow, especially when the US stock market opens in the evening.

November 22, 2025
The market has temporarily stabilized. To be honest, the recent decline has been too fast. Since Bitcoin broke the previous all-time high of $70,000, it has maintained a high-level consolidation with low volatility. This is the first time we’ve seen such a huge bearish candlestick. As for Ethereum and other major altcoins, there’s a sense of numbness from the drop. At this point, I can only be glad that I gradually reduced some positions when prices were high, keeping 40-50% of my funds. Honestly, the market hasn’t truly stabilized yet, and the probability of $80,000 holdin

November 21, 2025
The market is stunned by the decline. From yesterday to today, Ethereum has dropped another 10 points, while Bitcoin has completely broken below the 90,000 support level, dropping to a low of 82,500. Although this price movement is within expectations, a month ago, it would have been unthinkable. However, I also mentioned yesterday that the speed of the market’s decline would slow down. The US stock market plummeted last night but did not drag the crypto market down much; instead, the decline today suggests that there are still players unloading in the crypto space.
The main