November 27, 2025
The market is gradually stabilizing, and this wave of rebound is not the kind of reckless surge. If it continues to steadily climb step by step, the probability of a recent decline will become very small. Therefore, currently stabilizing at 90,000 is a very good signal. A few days ago, I took a 10% position to buy the dip, mainly considering that the sentiment was seriously oversold, coupled with the rebound and stabilization of the U.S. stock market in the past two days. Last week's prices look increasingly like recent lows.
Another relatively good signal is that altcoins have also started to show a different trend. Previously, when the market was crazy, new coins mostly opened high and then fell. In the past two months, it has turned into low opens and low closes, but recently it seems to be showing a low open and high close trend, with MON being the most typical example. I want to clarify that I am not encouraging everyone to play with altcoins, but rather through their performance, some situations of the overall market can be observed.
Of course, the market's upward reversal won't happen overnight, which is my consistent viewpoint recently. Therefore, in the next one to two months, I will continue to adopt a conservative strategy. I have already sold half of the coins I bought at the bottom last week. If this wave of Bitcoin can return to 95,000, I will sell all of my bottom purchases and keep over 50% of my current holdings. However, looking at this trend, the likelihood of continuing short-term rebounds is quite high, as it is a steady and reliable trend.
Lastly, let's talk about something off-topic. I wonder if everyone noticed the major fire in Hong Kong yesterday? It should be one of the largest in decades, with over 40 confirmed dead and more than 200 missing. With such a huge fire, the outlook is quite grim. Although Hong Kong has a terrifyingly high building density, it's truly heart-wrenching to witness such a massive human tragedy, especially in the 21st century. Sometimes I think that when one is deep in certain predicaments, just remembering that people are still alive might bring some perspective. Wishing for peace.
Tonight at 8:30 PM, we will discuss the recent market trends and the parameter settings for grid trading. Recently, grid trading has been very suitable.
