Last night saw a significant drop; the continuous rise from April to June should come to a halt.

Superficially, this drop is due to Iran announcing the possible closure of the Strait of Hormuz, causing this passageway, which transports over 20% of the world's oil and about 30% of liquefied natural gas, to come to a halt, triggering global panic.

In fact, it has risen for so long that it is time to fall. Just like a couple has a big fight over a small matter, the root cause is not in that small matter, but in the accumulation of contradictions that need to be released.

I remember a prediction I made in April.

'Suddenly inspired, I predict a wave. Recovery in April, slight rise in May, climax in June.'

Through this wave of predictions, Nanguangyuan solidified his position as the greatest medium-term predictor in the cryptocurrency circle. Many people looked at him with envy.

But Nanguangyuan is filled with endless sorrow. This invincible prophetic ability was exchanged for what? It was exchanged for over a decade of time and billions of losses.

Moreover, this is a prophetic ability of little use. It cannot be used to play contracts and cannot defend against the targeted explosions from cryptocurrency market makers.

Sometimes you wake up and the price of the coin hasn't changed, but your position is gone.

That's because the market maker suddenly smashed and pulled at midnight, causing your contract to explode at a fixed point.

What about after the climax in June? It could be several months of miserable downward trends, followed by a wave at the end of the year to conclude this bull market.

Appendix: Introduction to the Strait of Hormuz

The Strait of Hormuz, located between Oman and Iran, is one of the busiest straits in the world and the only maritime route for oil from the Gulf region to the rest of the world. Over 20% of global seaborne crude oil trade passes through the Strait of Hormuz. During the Iran-Iraq War in 1984, Iran blocked the Strait of Hormuz, leading to a global oil crisis.

U.S. Secretary of State Rubio stated in an interview that he encourages China to negotiate with Iran regarding the 'closure of the Strait of Hormuz,' as China is heavily reliant on oil from the Middle East. If they close the strait, it will be economic suicide for Iran.