Last night, the global capital market started a decline without exception, including gold, US stocks, and the crypto market. The market is experiencing forced position reductions. In the morning, there was a surge utilizing the opening of the US government as a bull trap, and a pullback began at three o'clock in the afternoon. After Trump's signature, the fully priced-in good news led to a market pullback. There has been no news for the past 43 days, and investors have no source of information about the real economic environment. In the coming week, there will be a flood of data, with a month's worth of data released at once, which is the first point of market panic. Then, the Fed continuously made hawkish statements to reduce inflation, which means that expectations for a rate cut in December have not strengthened but rather weakened. This indicates that there will be significant fluctuations next week. The past few days have been just a warm-up. Everyone is holding cash to avoid risks and has not purchased safe-haven assets. This reflects the overall sentiment of investors. Regarding the future market, I remain optimistic. As always, I believe there will be a rise in December followed by sideways adjustments, with a bull run returning in February next year. Therefore, everyone needs to pay close attention to the news next week; this will be the compass for next month's rate cuts. Then there is also Nvidia's earnings report on November 19, which will verify whether the AI narrative can continue. The main engine of this round of bull market in US stocks is AI because there has been little technological innovation for years to create a bubble, and this is the only area that can be speculated on for the future. Whether the bubble in US stocks will burst, I personally think this world is just a huge bubble. After an old pullback, new ones will still be created, one after another. There’s nothing to panic about; just control your position and always have a stop loss. As long as the market is operating, we have opportunities to make money. The main thing is to survive. Now, back to the question about Bitcoin. This thing was initially created to suppress the technological development of Eastern powers, mainly to waste energy by encouraging everyone to mine. It is strongly tied to US assets and is an important part of the global dominance of the dollar. The top ten holders include institutions and countries like MicroStrategy, Grayscale, BlackRock, the US, and China, which are all giants. Don't panic; buy the dips. It may bubble, but there is a limit. I believe that in the short term, it won't drop below $70,000 again. I expect to see a recent bottom around $95,000, with a deep bottom at $88,000. Other assets are just Bitcoin's little brothers; just buy based on the big brother's position. No need to overly search for positions; just watch Bitcoin. If it really goes to $88,000 this year, you can mindlessly buy Ether, SOL, DOGE, link, XRP, BNB, LTC, BCH, ETC, and other coins. I think the next bull market will be the graveyard of MEME. Try to buy coins with narratives and real utility, not just those that rely on celebrity effects. The crypto world will become more compliant in the future. Buy value coins on dips. The future blockchain will be an important bridge linking the global economy. It will definitely get better and better. Don't worry.