I have to speak some honest words about this market trend. To conclude: the bears have completely taken the initiative, and market sentiment has reached a state of extreme panic. Various messages are flying around, what you see, I have also seen. About the support level thing: Last night, the position of 98000 did hold up, showing a slight rebound. If it can maintain this after some consolidation, it would be considered a relatively ideal state. Looking down, the next level is 92000, just giving you a heads up. But there is a key question here - what do you think about the future market? In a bear market, the support level is essentially meant to be broken; in a bull market, the resistance level is just waiting to be breached. Mindset determines action. My own judgment model: The extreme case for Bitcoin is around 88,000, and in a more extreme scenario, it could reach 84,000. There is a small support at 83,000 below 84,000, which is good to know. Overall, I think it's worth considering entering the market around 88,000. For those who are particularly conservative, you might want to wait for the 84,000-85,000 range before making a move. Leverage operations must be made clear: At this stage, small funds can be played with casually, and the daily fluctuations can actually be managed by oneself. Never over-leverage your position unless you can keep an eye on the market. Want to place an order? The position must be kept small. Additionally, keep an eye on the US stock market: Keep an eye on the changes in the US stock market in real time; currently, the crypto market is still following the US stock market. For Ethereum, Dogecoin, and SOL, you can basically refer to Bitcoin. To be honest, I also psychologically expect a big rebound, but the reality is indeed quite depressing. So now it is only suitable for short-term operations; don't get too attached to battles, just take the profits when you can.

When it comes to Ethereum scaling, there's a name you can't avoid - Polygon. It's not as simple as just a sidechain. From the earliest PoS chains, to the later launch of zkEVM, and now the introduction of the AggLayer architecture, each step is addressing a problem: how to make blockchain truly serve hundreds of millions of people? Polygon's ambition has always been clear: to build a modular, multi-chain super network for Ethereum. It sounds very technical, but the practical effect is tangible - achieving high speed and low fees with zk technology, while also being compatible with EVM. More importantly, it makes the flow of data and funds between different chains smooth, just as natural as jumping between web pages on the internet. The benefits are very direct for ordinary users: Transfers, transactions, and minting NFTs can save a lot on Gas fees. The user experience of Web3 applications can finally approach the smoothness of Web2. Moreover, the security is backed by the Ethereum mainnet. On the developer side, what Polygon provides is not just scaling tools, but more like a complete set of infrastructure: zkEVM is fully compatible with EVM; Supernets allow project parties to quickly deploy their own chains; AggLayer connects multiple chain networks, unifying liquidity and cross-chain experience. What's more interesting is its commercialization progress. Web2 giants like Nike, Adidas, Reddit, and Starbucks have chosen to deploy NFT and points systems on Polygon. This indicates that it is no longer just a technical solution, but a reliable channel for brands to enter Web3. The scalability track is very competitive, but Polygon has indeed found its own way.

This New Year, my cousin came home in a new car. Three months ago, he was borrowing money from me to pay rent, and now his account has a seven-figure balance. When he graduated, he came to see me, saying he couldn’t find work in architecture, couldn’t settle on factory assembly lines, and didn’t want to deliver food. I told him to follow me into trading, starting with the basics of candlestick charts. Actually, making money isn’t that mysterious. Study market patterns thoroughly, build your own trading system, or just follow the right people and choose the right side. The trading method I use now is something I’ve learned the hard way with real money: **About Leverage, This Double-Edged Sword** 20x leverage definitely allowed me to earn over 500,000 yuan in a day. But during the regulatory storm on September 24th, my account nearly went to zero within two hours—that feeling I still remember vividly. Now, I never use more than 3x leverage on my trading interface, and I keep each currency position within 5%. It’s not out of fear, but because I truly understand—staying alive is more important than anything. Market opportunities are always there; losing the principal is truly losing everything. **Mainstream Tokens Are the Stabilizer** Once, I went all-in on a so-called “hundredfold potential” altcoin project, with a principal of 300,000 yuan, which floated up to 1.8 million in profit. But I didn’t sell, and the project party ran away, leaving me unable to recover even the principal. Now, I lock 85% of my positions in BTC and ETH, and only allocate 15% to test new tokens. When the market is stable, my mindset is stable; when my mindset is stable, I can wait for real opportunities. **Stop-Loss Is a Lifesaver** In the past, I would add to my position if it fell 15%, thinking I could bottom out. But that’s how I lost the down payment on a house. Now, I set an 8% stop-loss when opening each position. As soon as it hits, I walk away—no luck involved. If it falls more than 8%, it’s probably the wrong side; admitting a mistake is better than stubbornly holding on. As long as the green mountains remain, there’s firewood to burn. The market never lacks opportunities; what’s missing is the principal to hold until those opportunities arrive. A million-dollar account isn’t built by luck, but by discipline and patience, accumulated little by little. You’re not short of vision; what you lack is the courage to take the first step.