Gu Jingci: August 14th - The real pie is unchanging, while counterfeit pieces come and go. Counterfeits will eventually become worthless, and tokens will gradually replace counterfeits.

The strategy of shorting Bitcoin/Ethereum on rallies has been consistently recommended over the past few days. Yesterday, I again reminded everyone to short at 63800 and 1895. The price dropped last night, then rallied before pulling back again. I believe those who followed this strategy have made good profits. I've repeatedly reminded everyone that the market is moving slowly and requires patience, yet many people still trade tokens and low-quality altcoins, resulting in significant losses. I really don't understand it. Also, have you noticed that during Bitcoin and Ethereum's declines, altcoins often plummet, only to be followed by quick rallies, leading many to mistakenly believe an altcoin season is on the horizon? In reality, over time, it becomes clear that during Bitcoin and Ethereum's surge last year, most altcoins fell more than tenfold, clearly abandoned by capital, yet many still cling to illusions. Another point is that US stock tokens are currently experiencing significant short-term volatility, fluctuating by tens of points at a time, resulting in substantial liquidity. This is what many perceive as a bull market phenomenon. However, what many haven't considered is that this stock-like token pattern, in contrast to the relatively stable altcoins, will gradually weed out some altcoins. The sideways trading seen in Bitcoin and Ethereum often indicates a run on altcoins, allowing investors to gradually adapt to tokens with greater liquidity. Analysis and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time information.