Yilihua: The current strategy is to seek safety and wait patiently for the situation to become clear
Odaily News Yilihua posted, stating: "The Middle East war is lasting longer than imagined. While this is very un-Trump-like, Russia has been greatly surprised. The world's superpower has also far exceeded expectations. Under such circumstances, oil prices continue to rise. The only strategy for all assets is to seek safety. Fortunately, we only see it as a rebound, not a reversal. After triggering stop-losses, we calmly wait for the situation to become clear. Since the 1011 incident, liquidity in the entire crypto industry has been continuously declining. The 1011 event wiped out the most active middle-class investors in crypto, and various trading restriction rules from top platforms have pushed market enthusiasm to a freezing point. Even the normal rebound after a significant drop is gone. However, the extreme freezing point this year will also present the biggest opportunity for bottom-fishing, just like when BTC fell to 16,000 in the last cycle. Whether you buy the bottom at 16,000 or 20,000 doesn't make much difference."
