June 17, 2025

Today's market is doing fairly well. Although it has experienced some ups and downs, it has already moved away from the lower prices of the past few days. The current price can go either way. Looking at Bitcoin's trend, it is still quite strong, hovering around $110,000, just a step away from a new high. However, based on the current trend analysis, the probability of a short-term breakthrough at this resistance level is low. It is expected that there will be attempts to break through later, and we will see how the market behaves at that time.

Today's alpha performance has been quite good. SPK can be sold for over $100, which is relatively good compared to the recent few tens of dollars. Now, the alpha feels a bit tasteless yet regrettable to discard. With the end of today's distribution, a large number of people will stop claiming. This trend has ultimately turned into a competition for free gains, which has limited impact on the cryptocurrency market.

Additionally, it is worth mentioning that Brother Sun has teamed up with a U.S. stock company to create a Tron version of a micro-strategy. I must say, when it comes to stirring things up and riding the wave, Brother Sun is unmatched. However, the TRX micro-strategy has limited impact on the overall market since it has lost credibility in the crypto space. I am still looking forward to the Ethereum version of the micro-strategy because, although it is also a micro-strategy, there is a difference between third-party involvement and self-managed strategies.

As for the market, we are still mainly waiting. I hope everyone can get through this dull period smoothly. I have taken a 20% position for swing trading to prevent repeated fluctuations in the market. So far, I have indeed made a few small swings, but relative to the upcoming one-sided bull market, these can be overlooked. The second half of the year's market is worth holding onto.

Thank you for your attention and likes.