I completely agree... Although I personally really enjoy Meta’s products, when it comes to learning real substance, I always turn to Twitter. Other platforms are filled with too much hatred and toxic industry rivalry, and they’re also the most saturated with bots—it’s too easy to silence someone. On X, by contrast, most people are more willing to read long-form content and engage in deeper thinking. Even when debating others, you need to produce meaningful content—readers aren’t fools.

After the Black Swan event at Binance, market sentiment has grown even more bearish. Those still bullish are now few and far between, but I maintain the same view as before: I still believe we are in a bull market. The last time I urged everyone to go all-in was in mid-September, when two major negative factors—the failure of the bill to pass and Japan’s interest rate hike—failed to move Bitcoin, which remained stuck around $76K. You’ll notice that no matter how severe the negative news, the price continues to inch upward slowly— this is a hallmark of the early bull market phase, nearly identical to what we saw in early 2023. I just saw that Target哥 also remains bullish. Binance is still currently suspending withdrawals; his view is that once Binance restores withdrawals and compensates users, the price will surge again. In a few days, the U.S. midterm elections will take place, and the outcome will very likely influence the direction of both the stock market and crypto. Especially since Trump is now somewhat aligned with the crypto space, there will likely be significant volatility in the one to two days leading up to the election. I’ve previously mentioned that stock markets tend to be highly volatile before elections; now that all that pressure has been released, I remain very optimistic about November’s market outlook. Don’t open excessive leverage and get liquidated—just stay calm and level-headed. Especially given that after Binance’s Black Swan event, Bitcoin only dropped about 5%—it’s almost miraculous. No matter how severe the negative news, it can’t shake the price; when a solid positive catalyst eventually arrives, it will launch straight up.

After Google’s stock dropped to $280, Intel continued to plunge—Wall Street’s selloff is truly no less intense than the crypto market. I don’t hold any Intel shares, but what stands out most is that Pelosi held call options on INTC. Here’s some information for those feeling anxious right now: On May 29 this year, she purchased Intel call options expiring on March 19. On July 24, she added another 10,000 shares of common stock and additional call options expiring on June 17. Buying Google at its current level might be considered buying at Warren Buffett’s bottom, but is buying Intel now akin to following Pelosi’s bottom?

After Binance was hacked, Bitcoin’s rally to $82K was halted, and now both Wall Street and the crypto market have entered a painful phase. BTC is nearly back to our cost range, and many are now worrying whether Binance might collapse, repeating the same issues as FTX. Just now, I exchanged all my remaining MSTR for MSTU. I had kept half on hand, waiting for a better opportunity. This month has been fraught with challenges, but every negative event has failed to break BTC’s support. This Binance hack, involving $6.3 billion, is the largest in history, yet even after such a severe negative event, BTC’s pullback was only slightly over 5%. It’s regrettable that yesterday’s smooth rally had me sleeping soundly— again, like last year, problems emerged around the same time. But black swan events are unpredictable; no one could have foreseen this. My plan remains unchanged—I still believe we are in a bull market. The fact that BTC only dropped this much despite the hack at the largest crypto exchange, combined with four consecutive days of ETF net inflows, and BTC not falling further after U.S. markets opened, suggests ETF outflows may be limited. Under such high pressure, don’t panic and sell impulsively—but also don’t blindly load up on high leverage. For now, the only step I’ve taken is swapping MSTR for MSTU. I’m still considering whether to convert my gold and silver holdings into BTC as well—taking it one step at a time. Meanwhile, U.S. equities are also plunging sharply. Stay safe, everyone!

Although the October travel season has temporarily ended, I spent almost the entire year in Japan and the U.S., mostly watching baseball. This year, I stayed in Japan the longest—over 100 days. If I stayed any longer, I might exceed this year’s tax threshold. Since returning in October, I’m absolutely certain Bitcoin is entering its early bull phase, and I have full confidence in my judgment. I want to return to my core business to earn more and buy even more Bitcoin, and I expect it to reach new highs before the end of next year. I also feel like I’ve been slacking too long—I need to get back to work and lead my team to victory. Especially after seeing SpaceX’s latest financial report last week, I truly believe Elon Musk’s big vision could become reality—his revenue growth has outpaced market expectations for two consecutive quarters. I feel like I’ve been stuck at this level for too long; it’s time to level up. So last week, I switched into battle mode. One of our junior editors grew a general-interest YouTube channel to over 10,000 subscribers—rapidly expanding. Combined with my regular habit of experimenting with AI, I automated tasks using Grok and Claude, built a streamlined workflow, and started taking on multiple projects—now the entire company is in full gear. AI is evolving so fast that it’s accomplished far more for me than I ever imagined. If I fully leverage my core business, the cash flow will be incredibly strong. The downside is that when I get too immersed, I sometimes forget about other things. But at the very least, I’ll keep updating this account so my brothers know what’s going on with me.

Today is the most critical day—it will determine whether the recent rally in AI stocks and BTC can continue. Bitcoin has been hovering around $80,000 lately, and the rhythm and atmosphere have returned to what we saw in June and July. After sitting through several days, many bearish observers have even started targeting $40,000. Since June, I’ve placed full trust in BTC ETF flows—they’ve become my highest-weighted indicator and were one of the key reasons I initially anticipated this rebound. Although there have been a few trading days this month with net outflows, the overall trend remains net inflow. This morning at 2 AM, not only is the FOMC meeting happening, but at 4 AM, Google and Microsoft will release their earnings reports, followed by earnings calls at 4:30 AM. I’ve mentioned before: I believe that if, after the FOMC, both Bitcoin and U.S. equities confirm no rate hike, the market will continue its upward recovery. Hynix’s latest quarterly earnings came in exceptionally strong, with massive demand for HBM and DRAM orders—memory is making a comeback. Now, all we’re waiting for is the results from these two tech giants’ earnings reports today to assess how effectively AI is generating near-term revenue. These days represent the final opportunity to catch the bottom—I still believe November will turn around. I’ve held firm these past few days and am continuing to wait for the rally to begin.

Bitcoin has been repeatedly oscillating around $80,000, briefly dipping below before rebounding. I maintain the same perspective: as long as we get through the FOMC meeting, things will be fine. A few days ago, Brent crude surged to $117, triggering widespread panic in the stock market. Now that it has pulled back to $110, U.S. Treasury yields have also eased significantly, and U.S. equities are gradually recovering. There is clear buying support around Bitcoin’s $80,000 level. Even after BTC dipped below $80,000 today, MSTR did not experience a significant decline—this is markedly different from previous bear market rallies that collapsed afterward. The FOMC meeting on Thursday, October 29 at 2:00 AM UTC may still bring some volatility, but current prediction markets now place the probability of no rate hike this month above 94%, even higher than a few days ago. My view is that after the meeting concludes, Bitcoin’s price will begin to recover and resume its upward momentum. Additionally, MicroStrategy will release its earnings this week. All major uncertainties are about to be resolved. Despite today’s headwinds, some still believe we’re in a bear market, expecting Bitcoin to return to the $50,000 range—or even the $40,000 range. The market is currently extremely pessimistic and subdued. Yet I still believe this is the early stage of a bull market—a healthy correction within a bull trend. As long as you avoid excessive leverage and adopt a cautious, conservative approach, your assets can grow steadily. Keep waiting for the next rally. Stay patient, hold firm, and remain confidently bullish!

Bitcoin has fallen below $80K again—now not just the stock market, but the entire crypto space is entering widespread panic. Let me cut to the chase: I still believe we’re in the early stages of a bull market; this is merely a normal pullback at the beginning of a bull cycle. Since August, I’ve maintained a bullish outlook. According to on-chain data from CryptoQuant, Bitcoin whale holdings have increased to 3.03 million BTC—the highest level since November 21 last year. Moreover, the 30-day accumulation rate is the fastest since February this year. Although BTC ETF net flows remain volatile, the trading volume on October 19 was still substantial. Right now, retail investor attention is at its lowest—retail traders feel weak and see no potential. Yet this month, the $80K level has been tested multiple times, and each time, price has bounced back. 1. Low retail attention, low search volume, and depressed sentiment. 2. Whale holdings have returned to last year’s highs. 3. Significant volume of筹码 (position turnover) accumulates near the $80K level. 4. ETF holdings and trading volumes remain high. When you combine these factors with my pinned MVRV Z-Score indicator, I still believe this is not a bear market. If Bitcoin drops to $76K, I’ll convert my remaining half of MSTR into MSTU—going all-in on 2x leveraged MicroStrategy.

Recently, I’ve focused almost entirely on my core work, and I noticed an interesting trend from Google search volumes. Even though Bitcoin has rebounded from its low of $57,000 to over $80,000, search interest has dropped to an all-time low. The last peak in searches occurred in February this year, when the price plummeted from over $90,000 to $60,000, wiping out countless positions. Since then, market enthusiasm has remained frozen— even at today’s $80,000+ levels. This shows that many people have stopped paying attention to Bitcoin. Looking back at global Google Trends data, the last time search interest hit a similar low was around early 2023. That period turned out to be the exact starting point of Bitcoin’s recovery from the bottom— the best time to buy Bitcoin. The best time to buy is when no one is interested; the best time to sell is when everyone is talking about it. Although there was a brief spike in discussion after the August low, interest has now fallen back into obscurity. I’ll continue updating faithfully, accompanying everyone through the rest of this bull market. I still believe we’re at the very beginning of this bull cycle. Especially now, during U.S. market hours—referencing the MicroStrategy perspective I mentioned yesterday— Bitcoin’s price hasn’t moved much, but MSTR has rebounded close to $150. If BTC rises back above $87K, MSTR could surge even higher. Once the momentum wheel starts turning, we’ll quickly see $90K. Right now, we’re reliving early 2023—it’s nostalgic, and I’m once again enjoying the transition from bear market bottom to bull market beginning.

I’ve seen many articles expressing concern about an AI bubble. If the original reasons you bought are still valid, there’s no need to cut your positions. As long as you’re holding spot assets, you’re just temporarily underwater. I’ve seen people interpret Huang Renxun’s comment yesterday about AI companies running out of cash as meaning they’re losing money. But what he actually meant was: The AI infrastructure providers are doing very well—they’re not lacking orders; they’re growing so fast that the capital they’ve borrowed isn’t enough to keep up with development. After the recent drop in AI stocks, capital has flowed into U.S. Treasuries. The yield on 10-year U.S. Treasuries has fallen sharply—so for now, there’s no need to worry too much about further rate hikes. That’s also why I mentioned that the upcoming FOMC meeting has a high probability of holding rates steady. After the meeting, things should improve starting in November. The biggest issue with AI right now is that it requires enormous upfront capital—power, land, servers, and more. Once it gets past this initial development phase and begins generating returns, everything will turn around. Most people, including myself, are probably underwater right now. My core investment positions are almost entirely focused on three things: BTC, MicroStrategy, and SpaceX. In fact, I actually hope prices drop a bit more—this gives me the chance to buy more coins and shares. Since returning from my trip at the beginning of the month, I’ve refocused on my core business. Seeing how fast Jack Ma has progressed, I feel like I’ve become complacent. I need to stay focused on my core work and push as hard as I can over the next six months: Buy more Bitcoin. Buy more SpaceX. Buy more MicroStrategy. The lower the market goes, the better—just don’t let it rally too quickly.