US 2-Year Treasury Auction Bidding Ratio as of May 27

Good morning everyone, from a new week... The weather is cold, and the markets are boring...

Although Bitcoin has recently succeeded in breaking through a key resistance level, this does not mean that a bull run has fully begun; it is more like a signal for the opening of the market. Market experience shows that after a price breakthrough, there is usually a retracement process, and this stage will become crucial for verifying the validity of the breakout. In the current market structure, if Bitcoin can maintain price stability in backtesting, the likelihood of challenging the previous highs or even accelerating the rally will increase significantly. At this stage, the long-short game range is actually a real test of market confidence: if the price can stabilize after backtesting, it can be regarded as a confirmation signal of the rise, and the bullish sentiment of the market will be strengthened; On the contrary, if the backtest fails to hold the breakout level, it may be judged as a false breakout, and long investors will face an unfavorable situation. At this time, it is particularly important to remain rational and observant. A truly sustainable market trend requires time to validate. Investment decisions should be based on a comprehensive analysis of technical and fundamental factors, rather than emotional reactions brought about by short-term price fluctuations.

This account started with a capital of 400 US dollars and the lead trader in copy trading doubles the capital relatively quickly.

The price of Bitcoin quickly rebounded to $106,000 after experiencing a fall of $103,300, demonstrating the market's high ability to wash out positions while also validating the asset's resilience. A real bull market is never a smooth, one-way rise; rather, it filters out those steadfast investors amid alternating ups and downs. The market's fall at the 103K position was actually a shakeout, while the subsequent rise to 106K became an important validation point for the market direction. For investors still waiting for a "lower entry point," they may have already missed the best opportunity to participate. The current market performance does not signify the end of the trend, but rather could be a signal for the beginning of the second phase of the rise. Next, the market is likely to push toward higher price levels such as 110K, 115K, forming an upward pattern that continuously leaves observers on the sidelines. The price of Bitcoin has indicated its trend choice through technical patterns, and investors need to consider how to avoid missing market opportunities again. At this critical moment, the decisiveness of decisions may have a significant impact on investment outcomes.

For Crypto Assets investment, I believe a steady mindset far outweighs the speculative mentality of getting rich overnight. Not all coins that are falling in the market deserve attention, but some projects have indeed dropped to unreasonable price levels. WCT is such an example. The core value of this project lies in its practical application. When we connect wallets, use various decentralized applications, or view NFTs, the WalletConnect protocol often silently supports the realization of these functions behind the scenes. This is not an air project that relies solely on concepts, but a project that has a practical protocol, a complete ecosystem, and real application scenarios. The current price of WCT coin has dropped to 0.33. From a fundamental perspective, this may represent an opportunity that the market has undervalued. My investment in it is not a bet on short-term explosive growth, but rather a belief that its intrinsic value will eventually be recognized by the market. In the crypto market, seeking out projects that are undervalued but possess substantial technology and application value may be more meaningful for long-term investment than chasing short-term trends.