October 17th, gold has once again broken through new highs

It is said that in chaotic times, buying gold can drive up its price to this extent, indicating that multiple large institutions, and even certain countries, are likely working together behind the scenes. The motivation is unknown, but it reflects that these institutions at least have a bearish outlook on stocks and other real assets (such as real estate) and investment opportunities. First, the U.S. government experienced a shutdown, and then Trump publicly announced a trade war with China, both of which dealt a devastating blow to the financial system, causing assets to flee to safety.

Recently, there hasn't been much major movement in the cryptocurrency market; the market is currently in a recovery state after the drop on the 11th, and is now testing the bottom again. Yesterday, the low of $BTC broke below 108000, and the market showed signs of stabilization, but there wasn't a significant rebound. Whether this position can receive effective support still needs confirmation, so a small position has been entered.

Tokens like Bless, Evaa, Bel, and Xpin have performed exceptionally well in the past couple of days, generally rising over 100%. These tokens share several common characteristics: low market cap, listed on Alpha or Binance spot. Contracts can be found for other tokens that meet these characteristics but haven't yet been pumped, to wait in ambush, and to control positions well (entering small positions). Losses have a limit, but gains have no upper bound. Buying one that doubles can at least offset other losses. From a probabilistic standpoint, this is still a decent opportunity.

$ASTER has performed poorly for several consecutive days, the perp hotspots have cooled significantly, and capital is continuously flowing out of the sector. The details of Aster's buyback remain undecided, and no positive expectations have been released. There is considerable upward pressure, and sentiment is leaning towards bearish.