Talk about my views on recent trends.

So far, the conditions for a market reversal have not yet been met, and everyone should not be in a hurry, but rather patiently wait.

Do not let your mindset be swayed by prices; just because Bitcoin's price has risen by ten thousand points from a starting point of 70,000, do not feel that you have missed a good opportunity; if it later breaks 80,000, do not secretly rejoice that you didn't rashly buy at the bottom, as this mindset is not advisable.

After all, many events currently remain unresolved. The tariff issue is certainly crucial, but for U.S. stocks and risk assets, the biggest concern is still the reduction in U.S. spending.

Once the U.S. cuts spending, economic growth will inevitably slow down, and job opportunities will also decrease.

Therefore, when looking at this trend, and even the entire market situation this year, we need to keep a long-term perspective and be broader in our outlook; we cannot make hasty decisions based on just a little information.

In the short term, it is recommended that everyone take profits when they can. Until the U.S. clearly indicates a rate cut or the policy has not yet shifted, do not be too optimistic; a bull market will not arrive instantly.

We must wait for market liquidity to be recovered before a bull market is likely to come.