After rising for 10 consecutive days, gold plummeted by 16%. Fortunately, I was just watching the excitement.
A while ago, gold almost rose for 10 days in a row,
Today it has dropped back,
$XAU from over 5600 high points to over 4700, down 16%,
I heard that many people went to the rooftop today,
The fluctuations in precious metals are also very absurd,
Watching the fomo people chasing the rise, they get trapped as soon as they chase high,
A drop of 16 points is a nightmare for many,
Bitcoin $BTC also has no good market,
A few days ago it dropped from 97k to 81k, down 16%,
I only focus on spot, and I don't have much position,
Otherwise, I wouldn't be able to withstand such a drop,
BTC is all about play, with huge short-term fluctuations,
If you are not mentally prepared,
The rollercoaster trend is still very distressing.
Noticing that some players around me are starting to flee the crypto market,
The returns in the coin circle have not met their expectations,
They choose higher-yielding plays,
In their view, the coin circle has entered a bear market,
They plan to return to the market in the next cycle to look for opportunities.
I recall the last bear market,
Although the market was quiet and no newcomers entered,
The players on the ground were still lively, constantly coming up with new plays.
In this cycle, the market lacks new narratives and plays,
And there is no liquidity,
Only more verbal battles,
And disappointed old players who made money leaving the scene,
The crypto market has entered a slow stage of development and creation.
Many people say to build,
But this is a long-cycle matter.
I also don't know how the market will play in 2026,
The longer I stay in the coin circle,
The more indifferent I become to different viewpoints and interpretations.
No one can accurately predict market trends and future developments,
If you are right, it's luck; if wrong, it has no reference significance,
What matters is using the funds and time you can afford to lose,
To participate in the market,
You bear the consequences for right or wrong; if you earn, it’s luck, and if you lose, you can also bear it.
For plays that I can’t understand or keep up with,
I just watch the excitement,
Not investing or participating, not regretting if I don’t earn,
After all, funds are limited,
Don’t easily invest in different markets to lose.
In a bear market, preserving capital is the most important,
Staying in the market will lead to the next opportunity.
