A lot of people are asking: Can we bottom fish now? Let me explain.
The market is in such bad shape,
those who still dare to enter are either crazy or hunters.
The day before yesterday was supposed to be 'non-farm night,' and when the data came out, we thought there would be a rebound,
but before a few bullish candles formed, Trump directly dealt two heavy blows.
Negative news one: He directly accused the non-farm data of being fake.
Trump posted that 'the Labor Department is fabricating data,'
and that same day, he fired the director, causing market confidence to collapse instantly.
Negative news two: Escalating geopolitical tensions.
He said Russia was provocative and directly sent two nuclear submarines over,
causing U.S. stocks to break down, and the crypto market followed suit.
So what happened?
U.S. stocks and the Nasdaq all fell sharply.
COIN plummeted 16.7% in one day.
VAPE fell over 20% in two days, worse than altcoins.
BTC dropped to a low of $113,000.
In the past 24 hours, 200,000 people were liquidated!
Even the big players couldn't hold on:
Arthur Hayes liquidated 2,373 ETH in six hours.
Huang Licheng went long in the early morning, only to be liquidated, losing over $18.5 million.
So can we bottom fish? My view is simple:
Yes, but don’t go all in!
I remain bullish in the medium to long term,
short-term volatility is not a reason to judge direction,
but large positions must be built slowly; don’t rush in and lose everything.
Now is the 'confidence-killing' stage,
the ones who can truly earn double returns are often those who quietly build their positions in such bad market conditions.
It’s not that we 'cannot bottom fish,' it’s that we must not act impulsively.
Even the bold hunters need to have risk control.
Don’t be a 'screenshot collector,' and definitely don’t be a bag holder.
Take advantage of the market's worst sentiment to quietly position yourself.