Recently, funds in the cryptocurrency industry have been continuously flowing out. My intuitive feeling is that the liquidity is too poor. Many large holders around me are transferring funds into silver, lithium carbonate, as well as A-shares and US stocks. Therefore, in the short term, the real bottoming of Bitcoin has not been completed.

Altcoins have become unbearable to watch. The damage caused by 1011 to the market is too great, conservatively estimated to have blown up 20 billion US dollars, mostly from opening altcoin contracts or mortgaging altcoins to borrow USDT, and many people have turned from rich to poor overnight.

Still, that old saying goes: play less with altcoins, and definitely don't touch altcoin contracts. If you must play, just engage with each round of hot topics, and immediately convert your profits into Bitcoin or oil. Never get attached to the battle, otherwise, there is a risk of losing your principal.