Thank you all for gathering in the live channel to chat. This afternoon, when I wasn't busy, I reviewed last night's live stream and整理了一些1015直播间的咨询回复和内容补充. If there are any omissions, please bear with me.

1. Regarding sensitive topics such as contracts, tracks, JYS, etc., discussed within 1 hour before the live channel, these are all personal subjective opinions and do not intend to attack or guide anyone. The starting point of discussing such topics is simply to remind everyone to remember to appropriately raise their risk awareness based on their own financial situation.

2. The PPT you saw is just a few pages and not a so-called professional script. I cannot send it to you dynamically, but you, being clever, should understand that you can watch the replay and take a screenshot.

3. Regarding 1011, if you are still safe at this moment, you need to thank yourself, but remember to realize that such things will not be an isolated incident. You need to learn from these extreme events; the pain of experience is very real. Remember the advice of those who came before you; there is no need to personally go through this kind of suffering. Most people find it very difficult to recover after facing such a situation just once. If you unfortunately find yourself in this situation, perhaps taking a short break from the circle, first tidying up your emotions and then dealing with matters, is a more reasonable suggestion. Now that it has come to this, it’s a matter of winners and losers. As long as you are still alive, as long as your heart remains positive and optimistic, there is nothing that cannot be resolved. I have experienced it too, I understand.

4. Regarding a certain safety issue, I still stand by my statement: a gentleman does not stand under a dangerous wall. I have already cleared all platform tokens and will gradually transfer my funds, deciding which platform to invest in based on the actual situation. GT can be held for the long term; assuming you still have quota in your position, you might see opportunities at 30, 50, or even 100, but it requires time to create space. Although the current price-performance ratio is not high, holding a certain amount of GT allows you to enjoy various benefits, such as airdrops, new listings, fee discounts, and dynamic feature unlocks, among others. If you are interested, you can take your time to study it. Gate's ecosystem is indeed doing well compared to other platforms.

5. Regarding the market analysis of future trends, the subscription updates should be considered a clear expression. Since the content is quite subjective, it won't be published openly. Whether it's a bull or bear market ahead, you should have more than two response plans. Just figure out how to manage the money in your account. If you pursue high returns and want to take full advantage of the bull market, you will inevitably have to bear high risks. If you're afraid of volatility and profit loss, when the rebound tests 118000 to 122000, you should exit as soon as possible. In my personal opinion, this opportunity should still be available to you.

6. Regarding the bull market of altcoins, I believe it exists, but for the majority of altcoins, the bull market has already ended. This is not a viewpoint I am sharing with you for the first time today; I have been emphasizing this since the beginning of the year. If you are currently in cash and want to re-enter the market, or if you want to increase your position, I suggest choosing coins that have ETF expectations, are highly correlated with U.S. assets, and have real applications. Lean towards these major coins; it's not about guaranteeing how many times you can profit, but rather minimizing your losses when encountering risks. I personally believe that the narrative hotspots in the coming period will gradually flow into these coins.

7. Regarding the end of the four-year cycle, the time point has indeed arrived. Even if it can be postponed, according to natural years, it will not exceed December. If you believe in the four-year cycle, you must pay close attention to the market trends in November and December. If you understand the movements of the Wyckoff distribution, you will realize that the risks will only increase in the future. However, Hang V also said that the greater the storm, the more expensive the fish. I once wrote that based on the actual situation after the interest rate cut in December, I would consider delaying my positions until the first quarter of 2026 to see how things develop. But my main holdings are BTC and ETH, along with ADA, which makes things relatively simpler for me. However, for everyone else, my personal suggestion is to keep 50% of your funds in the market based on your portfolio composition, which might be more reasonable.

8. Regarding the choice of popular cryptocurrencies, everyone will have their own cognitive system and decision-making power. Just because I don't buy doesn't mean I'm necessarily right, and buying doesn't necessarily prove it's good. Learn to independently seek sources of information, learn to think independently about information in the crypto space, and trying to understand the outside world through a VPN is definitely not a bad thing. Whether it's Tiafero, Moshancat, or Bitfool, these are just a primer and recommendation I've given you, allowing you the opportunity to see higher-level KOLs instead of being limited to small dynamics.

9. Regarding fan groups, due to my current personal time and energy issues, I will not establish them for the time being. There are likely many different kinds of groups that everyone has, but I think you also understand that information overload is a painful thing. After turning forty, I gradually began to simplify my life. I don’t like to use terms like fans or family to describe everyone; you are my friends. If one day I decide to do this, my starting point will definitely be to hope for something meaningful, including providing some industry information, sharing trading insights, and investment philosophies. Currently, I can occasionally write updates, do some live channels, and create short videos. For my work, that is enough.

10. Everyone feels the pressure of holding coins. At this stage, I also feel a slight pressure. In fact, the sense of helplessness described by most friends comes from your choice of coins, position combinations, average cost, and source of funds. It really isn't about whether it’s a bull market or bear market, or whether prices go up or down. All of this is rooted in your past actions, leading to your current situation. Reflecting more to find the root of this problem may help you do better in the future. Gains and losses come from the same source; understanding this statement clearly is much more reliable than chasing wealth codes every day.

11. Insights on cryptocurrencies, I saw DOGE, PEPE, DYDX, AXAX, FET, ARKM in the live channel. When I have some free time in the next couple of days, I will write down my personal opinions, as these are the currencies of friends who are subscribed. I will post them in the subscription updates.

12. Regarding the relationship between volume and price, there are many teaching videos on platforms like Douyin, Weibo, and Bilibili sharing these basic concepts and applications. Although most are about stocks, they are also applicable in the crypto space. If you want to understand the volume-price relationship in the crypto market more realistically, there are many shares on YouTube. Personally, I believe that technical indicators will only apply to major cryptocurrencies in the crypto space, while 80% of the indicators and values of smaller cryptocurrencies may be fabricated, including trading volume. Therefore, I am not particularly superstitious about technical indicators, especially in the contract interface.

13. Regarding the title of teacher, I have always told you that I am not a teacher, nor am I a famous KOL. I am just an ordinary old investor who has experienced three cycles of bull and bear markets in this circle, growing a bit through ups and downs, like last night's old friends who came into the live channel, A Li, Wu Tong, Zhen Li A La, and also the big bull cat I have been following, as well as the recently followed sailor Samba. They are all old investors in the cryptocurrency world for many years, with a lot of knowledge, but most of them are not very willing to post updates or do live streams. However, if you take the initiative to follow them, you might gain more down-to-earth information about the circle.

14. Finally, it's the live channel recap that I did with a friend who helped out last night, some matters that need improvement moving forward:

a device microphone, there will also be a lot of noise
The operation of the b live channel software, many functions are not understood.
c size control for screen switching
The professionalism of market explanation, adding drawing plugins.
Adding moderate background music will not be overly monotonous.
f Need to prepare a simple live channel script
g Improve the form of interaction and appropriately increase the frequency of interaction.
h Try to improve the standard of Mandarin.
I force myself to reduce modal particles, catchphrases, and other words.
j Eat enough before broadcasting, if you're hungry your brain won't work, and you'll feel weak.
K time management will be relatively easier for everyone within 2 hours.

Alright, that's it for now, looking forward to seeing you next time on the live channel👋🏻