November 28, 2025

This week, the overall market trend is relatively stable. Even if there is no further increase in the next few days, Bitcoin can maintain around 90,000, and Ethereum barely holds above 3,000, which is acceptable. Currently, what is worth looking forward to is the implementation of interest rate cuts, as it will be a real benefit for the current monetary environment, unlike what everyone understands as good news turning into bad news.
Although I judge that the market will not be very good in the next one or two months, the low point from last week may become an important support level. This means that even if there is a subsequent decline, it won't drop much below the support. I am using a grid strategy to deal with the upcoming market; on one hand, because even if the market is going to rise, it must go through a long period of sideways movement to regain energy, and on the other hand, because the overall market has actually dropped quite a bit, the space for further declines is relatively limited. The grid strategy is likely to capture the volatility profits during this period. Similar to the grid strategy are LP or option sellers, which are essentially quite similar.
Overall, it seems that we may have to go through a period of dull market conditions, which is something we almost always experience after a significant market drop. However, it's just the end of the year, with Christmas and New Year's coming up. Since the market manipulators have gone off to celebrate, we shouldn't lose our momentum. Let's eat and have fun; we can afford to watch and act less on the market for now.
Finally, let's continue talking about the big fire in Hong Kong. Many trading platforms and capital in the crypto circle have donated money, and I've seen many people in the crypto community also voluntarily contribute. I also expressed a bit of my feelings through Tencent Charity. I actually feel quite touched, regardless of the cause of the fire and those responsible.