Recently, the performance of the A-shares market has been quite interesting, with a significant rally just within half a month.

I started positioning myself for a bullish outlook on RMB assets in the first half of 2025, putting real money into it. Going back to November 18 of last year, I posted a bullish article on A-shares in the square, and the comment section exploded. There were all kinds of opinions—some said I lacked understanding, some said A-shares are just a trap, and some even said it was ridiculous to be optimistic about A-shares in the crypto circle. At that time, the public opinion environment was such that mentioning A-shares was almost like asking for criticism.

But now? The market has given the answer.

Many people habitually use data and experience from the past ten years to apply to the present, as if history would simply repeat itself. But this logic is fundamentally flawed—the world is changing, markets are changing, and policy environments are changing. The only constant is change itself. This is true for the cryptocurrency market as well as traditional financial markets.

What we need to do is keep up with the times, constantly adjust our judgments and strategies. Those who were previously skeptical are gradually adjusting their perceptions. I’ve achieved decent results, and more importantly, I’ve validated a logic—sticking to independent thinking, daring to challenge market consensus, can sometimes bring opportunities.

Finally, I want to say: I hope everyone can make money within their own understanding. That’s the safest and most stable approach.