April 7, 2026

The short holiday is over, and the market is still oscillating. After a brief chance of peace between the US and Iran, the market experienced a rally, but Bitcoin has not stabilized above 70k. Currently, the market lacks momentum, and I can only say that it’s very necessary to allocate some funds and positions to cope with the sideways movement; otherwise, in the past few months, there has been no cash flow at all. I am personally running some grid trading strategies, so even if the volatility continues, I can accept it.
At present, the sideways trend is likely to continue. It’s been almost two months of sideways movement. If this sideways trend lasts more than three months, there’s a high chance of another dip, which could be the final bottom of this cycle. According to my estimate, the ultimate bottom will form in the 50,000s, but it won’t last long. The price range suitable for building positions should be between 60,000 and 70k, so I am currently holding a relatively full position and not too worried.
I have to say, since Trump took office, his influence has been really strong. He posts several messages a day, directly affecting the prices of various financial assets. Of course, it’s also understandable that people say he’s using his influence to manipulate the market for personal gain. Actually, I think that with his constant interference, the risk control in the capital markets should be stronger, and systemic risks are relatively smaller. So I’m not very worried about systemic risks happening in the short term.
Regarding cryptocurrencies, the current environment is definitely quite poor, with few investment opportunities. As for whether there is a future, I still firmly believe in it and hope to pass on this confidence to everyone. As long as you avoid buying into scams or worthless projects, hold onto your valuable assets, and eventually you can outperform most other assets and avoid unnecessary losses.