December 30, 2024

The past two days have been spent watching reports about the crash of a South Korean passenger plane, where only two crew members survived, and 179 people lost their lives. One of the survivors, a flight attendant, may be completely paralyzed. This air disaster is likely the largest in South Korean history, and even ranks among the top ten in human history. Watching the final impact video is very despairing, and the analysis of the black box has not yet been released. Regardless of where the responsibility and cause lie, the incident has already occurred, and it holds no meaning for the passengers.

I have watched various analyses and have seen some of the last messages passengers left for their families, which weighs heavily on my mind. At times like this, people tend to say: tomorrow and accidents do not know which comes first. However, even while watching the news reports, it feels a bit suffocating. Perhaps for us, life needs more relaxation; we should have a moderated sense of gain and loss. Sometimes it seems unnecessary to pursue too much and tire ourselves out.

Returning to the market, this recent period of low volatility and fluctuations allows for a good rest. Personally, I have relaxed based on my judgment of the market situation and plan to enjoy the New Year period. It is often said that trading cryptocurrencies is too difficult; when prices rise, one feels they bought too little, especially when seeing others share their trading gains that are several times higher. Conversely, it is distressing when prices drop, either getting trapped or suffering losses. Overall, in the crypto space, having a good mindset is crucial; whether prices rise or fall, one may not sleep well, and it’s frustrating during sideways movements, especially with 24/7 trading. Therefore, the most important thing for us in crypto trading is to adjust our mindset and embrace life.

Bitcoin fell a bit again yesterday, hitting a low of 93,000, and the daily chart still shows it hovering around a central point. It is worth noting that recent fees have turned negative overall; on one hand, there are quite a few arbitrage opportunities, and on the other hand, I feel that the market's bullish sentiment has been dampened, and even bearish sentiment is starting to appear. Based on this indicator, I think there is no need to be overly bearish in the near term; after all, at this position, it's reasonable to do some regular investments, buying a little on minor dips and more on major dips. $DAR $SXP $SYN