NVIDIA's market capitalization surpasses 5 trillion dollars, setting a record, while the crypto market has fallen into "hell mode". 🌪

Bitcoin is struggling to rise, altcoin liquidity is drying up, and funds are being siphoned off to the stock market and gold.
The crypto market needs to focus on practical implementation and value creation; only by adhering to long-termism can it break through.

📅October 31
📉Fear and Greed Index: 29 (Fear)
💰Bitcoin Price: $109,989
🟠BTC spot ETF net outflow: $189.5M (10.30)
🔵ETH spot ETF net outflow: $64.2M (10.30)
💲Average GAS: BTC 1 sat/vB, ETH 0.096 Gwei
🎯Market share: BTC 59.98%, ETH 12.73%

The primary market for new listings is hot, while liquidity in the secondary market is decreasing.
The China-U.S. tariff negotiations have made progress, and the U.S. has announced that the 24% reciprocal tariffs will remain suspended for another year.

🔑This information makes the market confusing; the start of this bull market is too fierce, weak in the middle, and unclear at the end.
Opening: Trump took office and immediately provided various favorable policies, it was too fast.
In the game: Although Trump's policies are good, they are all for the benefit of himself and his family. In the early stage, he aggressively expanded liquidity, and he, along with his relatives and some smart money, heavily sold off to tighten liquidity. The bull market is most afraid of a rapid bull run and a sudden shortage of liquidity.
In the eve of the end of the局末: The disaster or misfortune on 10.11 has made the already not wealthy wallets even thinner, referring to the majority of people, while a small portion has actually earned several lifetimes of wealth by following this fast-paced liquidity.

This wave of the game within a game quickly transfers most people's wallets to a small number of people's wallets.

The bull market is brutal and difficult to endure.

Wait quietly for November; only by washing harder can the bottom become thicker and rise better.