Recently, many friends asked me: "Can we bottom fish now?" My answer is—yes, but take it steady!
The market is so bad that those who dare to enter are either truly crazy or just hunters looking to gamble.
A few days ago, it was supposed to be "Non-Farm Payroll Night," and everyone was hoping for some data to bring a rebound. However, it barely got started when Trump made a statement that hit the market hard—he said, "The Non-Farm data is fake," and his actions caused market confidence to collapse in an instant.
Then came geopolitical changes, with Russia provoking the U.S., and nuclear submarines coming ashore. The U.S. stock market broke down on the spot, and the crypto market followed with a crash.
At this point, COIN plunged directly by 16%, and VAPE dropped worse than some altcoins, with BTC crashing down to $113,000. In just 24 hours, 200,000 people were liquidated; the scene was truly unbearable.
So, can we bottom fish now?
The answer is: yes, but don’t rush in impulsively!
My personal view is: I still see it as bullish in the medium to long term; short-term fluctuations do not indicate a change in direction, but the market sentiment is indeed low.
Those who can really make money are often quietly building their positions when the market is at its worst.
The current market situation is in the "confidence collapse" stage; big positions should be built slowly. Don’t rush in just because you see low prices.
You see, many people like to rush in at the lowest point, only to be thrown off by the market.
We are not unable to bottom fish now; rather, we cannot rush in blindly. We must have plans and risk controls.
If you dare to enter with a large position, you must also ensure that you can withstand the upcoming fluctuations.
In such a bad market, it is actually your best time to accumulate. The worst emotional times are ironically your safest entry points.
However, never blindly follow the crowd; steady and sound progress is the way to go.
Don’t be a bag holder, and don’t be a "regret king" who only takes screenshots to collect. While everyone else is panicking, you can quietly position yourself and enjoy the gains when the market rebounds.
To sum it up: when the market is at its worst, your patience is your best asset.
Maintain your mindset, manage your risks well, and you will be able to wait for the next opportunity to double your investment.
Still, as the saying goes, a single tree cannot form a forest; a lone sail cannot travel far! Having a good team to guide you is always much stronger than fighting alone. I am always here!!!