Some thoughts on the market, Trump, and Binance's moves The world is just one big chaotic stage. Before there's any result from the trade war talks, don't rush to buy the dip. Suggest keeping some positions empty and adopting a conservative strategy. These kinds of major drops take time to recover. There could be a second or even third bottom test. Even if you're buying the dip, do it in batches. Right now, the most important thing is survival—having chips left on the table so you can seize new opportunities when they arise. K-lines are less effective than political science right now. The U.S. stock market and the crypto space are basically the Trump family's ATM. Looking back, at the start of the month, $3815 was quickly pulled up to $4755. With no positive news during the government shutdown, the goal was to cultivate enough bulls. The insider trading is blatantly obvious—they used the news to ruthlessly wipe out those betting on the upside. China and the U.S. are now in a high-blood-pressure vs. low-blood-sugar battle. If the rare earth issue in the trade war isn't resolved, the U.S. stock market bubble will burst. And if U.S. stocks are bad, the crypto market will be even worse. AI investments, which account for just 4% of the market, contributed 92% of U.S. GDP growth. In the first half of the year, U.S. GDP grew by 1.6%, while all other industries combined (outside of AI) grew by only 0.1%. Rare earths impact the production of lithography machines and restrict the manufacturing of all advanced chips, including AI chips. The U.S. stock market is now propped up by the AI narrative. If OpenAI and the major U.S. tech giants collapse, they'll all crash together. The massive liquidations during 519 and 312 had fewer retail investors involved in contracts compared to now. After those crashes, holding spot assets could still recover. This time, everyone's been suffocated—the liquidity is gone, and several market makers have already folded. So don't be overly optimistic in the short term. I can't think of any short-term drivers for an upward trend unless some explosive good news emerges. The crypto space really does need regulation. There's way too much shady stuff going on. Altering K-lines truly shocked me. There's no compensation, and no one takes responsibility for outages and liquidations. Let's see how Binance handles this situation.