Now everyone is very clear in their hearts that the current decline is influenced by the war between Iran and Israel. The next scenario is the closure of the Strait of Hormuz, of course, the United States will not allow Iran to close it. Twenty percent of the world's oil needs to come out from here every day. Once it is closed, oil prices will soar, and the war will escalate. But there are also potential dangers such as Trump's tariff policy and the Russia-Ukraine war, all of which are uncertain factors; prices rely entirely on news.

War will eventually enter a fever pitch, and the tariff war will not last forever. The most important thing is the influx of market funds. Without the injection of funds, everything is just talk.

In the last big bull market cycle, the old players who participated should remember that casually picking a counterfeit would at least see dozens of times in gains. Without institutional support, the high walls built by retail investors will eventually collapse. When we see institutions starting to enter the market in large numbers, along with news of the Federal Reserve cutting interest rates, the next step will be the arrival of a frenzied bull market. Of course, it is no longer as simple as the last bull market; high-quality projects are fundamental. During this period, the market will be reshuffled, and once-prominent names may struggle or even go to zero, while high-quality projects will surely return to their peak.