June 30, 2025

Today I conducted an interesting survey to see everyone's asset levels in the cryptocurrency space. It was somewhat surprising that 25% of users are above A8 (10 million RMB), and 40% of users are above A7 (1 million RMB). This significantly differs from my usual perception. If you're interested, you can visit my homepage to check out the relevant polls. If this is really the case, it can only indicate that my fan base is of high quality. In reality, if one can persist in the cryptocurrency space for 7-8 years, beyond two cycles, reaching A7 is quite achievable.

The amount of wealth is always an intriguing topic. Online, you see many A8s and A9s, but in reality, there are plenty of people earning less than 10,000 RMB, and many are stuck in jobs that pay just a few thousand. The contrast is quite stark. One is a virtual world, while the other is the real world; everyone has their own understanding of what is real. I have always advocated against comparing oneself to others, and one should not be deceived by those viral articles online. Only one's personal growth and increase in wealth are truly valuable.

As for the market conditions, there's really not much to say. Today, there was a slight uptick, and Bitcoin reached around 108,000, just a few thousand dollars away from a new high, with an increase of only a few points. It's hard to say when it will break through, but I want to say that the difficulty of breaking through is not significant. The reason it hasn't gone up yet is that there is considerable selling pressure in the current pressure range, coming from large Bitcoin holders, specifically ancient whale-type holders.

Despite this, it's not a bearish outlook. On the contrary, the fact that Bitcoin can withstand some of the whales' selling indicates strong buying power. According to past market patterns, Bitcoin's correction has previously exceeded 50%. Therefore, if Wall Street funds continue to flow in and this wave of selling pressure can ultimately be absorbed, it will open up a larger new space. The longer the sideways movement lasts, the more it indicates that the selling pressure is gradually being absorbed, thus increasing the probability of a subsequent rise.

Thank you for your attention and likes.