March 19, 2026

The market dropped again, which is within expectations I suppose. After all, the market rebounded from a low point and hasn't fully formed an uptrend yet. This stage is quite difficult to endure because the overall direction is still in a bear market. No one can be certain where the rebound will go, which is also why I think we shouldn't add positions.

However, following general logic, since the whales chose to pump the market after consolidation, the cost they paid was quite substantial. Therefore, there's a high probability they won't abandon the pump so easily. From the current perspective, if this decline isn't due to strong resistance from shorts, then the whales are choosing to wash out again. So from any angle, we need to keep trying to pump the market subsequently.

Looking at the situation, Israel has started bombing Iran's oil and gas facilities, and oil prices continue to surge. What's quite interesting is that gold prices actually declined. Therefore, it's understandable that crypto prices are under pressure too. Although I'm bullish short-term, to be honest, I don't have much confidence deep down. On one hand, the cycle is in a bear market. On the other hand, the international situation is too chaotic.

Sometimes I can't help but admire the old man Buffett's capabilities. He previously went all-in on oil company stocks and was even considered "out of touch" by some because he didn't outperform other stocks. But now looking back, it really confirms the saying that experience is the best teacher. Therefore, from his actions of hoarding massive amounts of cash, the future situation will be even more unpredictable and chaotic.

Thank you for your attention and likes.