The Americans seem to have opened the door but also seem not to have, the CPI data is still not released, and the Federal Reserve officials are hesitating and intimidating that there will be no interest rate cuts in December.

The market is shocked, the good news from a few days ago has fallen back, the Nasdaq plunged 2.29%, tech stocks plummeted, Tesla dropped nearly 7 points, and Nvidia fell from its 200+ throne to 186.

In the crypto sector, Bitcoin fell by about 6 points, ETH dropped by around ten points at its peak, and of course, altcoins generally fell around ten points as well.

The risk warning has already been done: Beware of the severe collapse of the AI asset bubble soon.

Compared to the turbulent global market, the crypto sector isn't too tragic. For altcoins, they are already dead; it doesn't matter if they die a bit more.

Once again, I remind you that we are now in a window period where one is licking blood on the blade. I strongly advise beginners and non-professionals not to dive in blindly right now.

The market is very panicked now, with some panic indices marked down to single digits; the end of the world is no worse than this.

Now the only hope left is that the U.S. officially opens up, with liquidity being injected into the market. However, as time goes on, the window for a major surge in crypto is closing (only 1 month left). The operational advice is to focus on defense; when a significant liquidity rebound comes, remember to escape.

The so-called extremes must reverse; for altcoins, most are completely dead. Whether we are in a bear market or not doesn't matter much anymore. For seasoned investors, there are still structural opportunities from time to time, with chances of doubling appearing occasionally, such as the recent UNI that provided an opportunity to escape, and the new coin MET also surged by several dozen points, while CFX jumped 40 points, but I fell asleep and it dropped back again...

For projects with actual business and income, they won't die immediately. If they have already fallen significantly, you can hold on; whether to cut losses is not particularly meaningful. If there’s a gap, who knows, you might suddenly get several times return. Just keep an eye on it regularly.

Life is an adventure; don't get too caught up in it. If you can afford to lose, go all in. If not, invest spare money cautiously, using the turtle method to wait for great wealth.

I recommend everyone to be like a turtle; when it comes to making money, be adaptable.

Note: Investment carries risks. Use your own judgment, make your own decisions, and take responsibility for yourself. My information is just one perspective for reference.

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