Shorted SNDK for 100 billion, currently sitting on an unrealized loss of 2.149 billion. I agree with @Wangduanniao (Bird Bro)'s perspective. The recent rally in US storage and AI stocks is just a rebound. Long-term prospects are uncertain, but in the short term, there will definitely be more corrections. The reason for this rally is that the previous drop was too steep, combined with the stimulus from new earnings reports from major companies. Now that most of this has played out, and the S&P has hit a new high, I don’t see this as a signal of a reversal. On the contrary, there’s a hint of danger in the air. There are still plenty of macroeconomic headwinds ahead. Since 1928, August to October has historically been the worst-performing period for the S&P 500. Add to that the midterm elections and rate hike expectations, and a reversal seems very unlikely. I didn’t know this before, but every time I felt like there would be big stock market moves over the weekend, I couldn’t trade because I was holding the actual stocks. Later, I found out Binance’s bStocks is super useful. You can directly convert your stocks into bStocks tokens and trade anytime, no restrictions. Back in mid-July, I sold on a Sunday and avoided a disaster. Binance’s bStocks and TradFi perpetuals have amazing liquidity even on weekends. Here’s some data: bStocks’ average weekend trading volume is about $800M, and TradFi perpetuals’ weekend trading volume exceeds $5.8B. This shows that during this bear market, Binance’s active users are more than in the last cycle, especially those coming in to trade US stocks. These people are likely to become the next major force driving Bitcoin buying.