I'm moved to tears! After 10 years, 2 months, and 9 days, the Shanghai Composite Index has once again surpassed 4,000 points! However, it's still about 53% away from its all-time high of 6,124 set in 2007. Looking at global stock markets, stock indices in the US, Japan, India, Germany, France, the UK, Canada, Australia, South Korea, and Brazil have all continued to hit record highs this year. Perhaps the A-share market can also reach 7,000 in one go, redeeming its previous high?

Hahahahaha It turns out that ugly people in the fund world are good at investing, while beautiful people are good at attracting clients. There's statistical evidence behind this. So, from now on, prioritize following uglier influencers. Even if the beautiful ones aren't stealing photos, they're most likely trying to make money from you.

I'm confused. I just posted a few tweets for you guys. Is it worth giving me a 718? @RiverdotInc @River4fun $River

It takes months to make $500,000. It only takes fifteen minutes to lose $500,000. If you do this, retail investors will have no chance.

The full name is "Dongna" and the nickname "Solana" echoes the nickname "Solana" (meaning "where the shit is"), which is a good place to start.

@0xLuo @baseapp I live the Base life every day.

Entering "wealth preservation mode," Last week, I sold all my stocks and most of my crypto assets. The first rate cut happened a few weeks ago, the second is expected at the end of the month, and two more rate cuts are on the way. History shows that the real decline often begins after the second or third rate cut. Investors often interpret the first rate cut as bullish, but it's actually a sign that the economy is weakening. The true bottom often occurs after the second or third rate cut. This pattern has remained largely unchanged throughout history. Whether it's the 1990 recession, the 2001 dot-com bubble, or the 2007-08 global financial crisis, each of these periods saw three or more consecutive rate cuts. In these cycles, the market typically begins to weaken after the second rate cut, and this weakness persists from the second rate cut all the way to the third. In February of this year, I intuitively judged that it was the market peak, so I moved all my positions into cash. A few weeks later, the market plummeted, and I bought the bottom in April. Although I didn't catch the peak of the cycle (BTC later reached a new high), at that moment, I, holding all cash, seized the bottom opportunity given by fate and doubled my money from the low point of the US stock market. Now, my intuition is telling me that October or November may be another peak. Of course, who knows? But I'd rather trust my intuition than any fortune teller. I'm currently almost entirely in cash and stablecoins. The only thing I hold is Sui, which I use for DeFi staking mining. This allows me to earn income while maintaining some on-chain exposure. I don't know how the market will develop. As the old saying goes: The market can remain irrational longer than you can remain solvent. So, never fight the market head-on. My strategy is simple. There may be another rebound before the next rate cut. But after the second rate cut, I won't bet on any risky assets. I'll continue to observe, but I'll reduce my participation. After all, how much can a 24-year-old understand about the market?

Peak signals have appeared. Recently, Xiaohongshu has seen a surge in posts about people quitting their jobs entirely and going all-in on Web3. Many of these posts are from highly-salaried individuals with prestigious backgrounds at prestigious universities and large companies. Based on historical cyclical patterns, unless it's at its peak, the instability of Web3 is unlikely to warrant a full-time job. One month? Two months? Perhaps we're closer to a bear market than we think.

@heyibinance @MyHongKongDoll #BossGetWealthy 0x444475c4186c97fc48da73dd376df00ec43f40d0

Many people in the cryptocurrency world are too close to see clearly. In fact, on an international scale, Bitcoin is no longer just a niche alternative speculative asset. Last month, at a conference in Taiwan, I spoke with local practitioners about the recently popular narrative and learned that more and more traditional industries are moving into crypto through DATs. DAT stands for Digital Asset Treasury. Simply put, it means companies are integrating cryptocurrencies into their balance sheets, viewing them not as speculative assets but as a long-term asset allocation strategy. What surprised me was that many unrelated industries are also experiencing widespread penetration. Perhaps this is one of the driving forces behind Bitcoin's rise this cycle. Nocera (Nasdaq NCRA) is a very typical case in Taiwan. Originally a manufacturer of aquaculture equipment, its main business was recirculating aquaculture systems. But in July of this year, it announced its official entry into the cryptocurrency market, planning to allocate part of its assets to digital asset reserves. In other words, a company that sells fish is becoming a company that holds cryptocurrency, and investors in its stock are indirectly holding Bitcoin. There are many similar examples. For example, the well-known Apple car, Tesla, will be launched in 2021. In 2017, it purchased $1.5 billion worth of Bitcoin for inflation hedging and cash management. It subsequently sold $900 million, leaving a current book value of $1.2 billion. For example, GameStop, the gaming retailer at the center of the retail investor war against Wall Street, announced its allocation to crypto assets in March of this year, sending its stock price soaring 18% that day. Every bull market has its own "value carrier," or in other words, the narrative that supports Bitcoin's trillion-dollar market cap. The last cycle attracted liquidity from individual and small institutional investors worldwide through DeFi. This cycle will likely stimulate purchasing demand from traditional businesses through DAT. $BTC