Japan and South Korea Stock Market Meltdown
The Nikkei 225 index plummeted 9%, hitting a new low since October 2023, with the Tokyo Stock Exchange Financial Index plunging 12%; the Korean KOSPI index dropped over 4%, with the government urgently suspending programmatic trading sell orders. The Singapore Nikkei 225 futures crashed 10.2% intraday, triggering circuit breakers
Gold's Safe-Haven Function Fails
COMEX gold futures broke below the $3,000 per ounce mark, hitting a low of $2,978, a three-week low; gold ETF holdings dropped to the lowest since November 2023
Epic Commodity Sell-Off
International crude oil plunged 11% to a four-year low, London tin fell 9.3% in a single day, and copper prices saw the largest single-day drop since the 2008 Lehman Crisis
Federal Reserve's Hawkish Stance Intensifies Panic
Powell clearly stated he would not intervene in the market, causing the "Fed put" expectation to collapse, with rising real interest rates suppressing risk assets
US-China Tariff Impact Continues to Unfold
Unexpected US tariff policies triggered global supply chain panic, with major US stock indexes falling 9%-10% since the announcement
Cryptocurrency Across-the-Board Crash
Bitcoin dropped 5%, Ethereum plummeted 10%, with other tokens generally falling over 15%, and market liquidity sharply contracting
Déjà Vu: A Replay of 2008
The current situation feels familiar, as if returning to 2008. High debt, unstable banks, overheated markets, and political chaos - all warning signals are flashing bright red. However, market participants are overly optimistic and fail to notice the impending crisis. Just like before the 2008 collapse, the system appears stable on the surface... until it suddenly crashes.
We're getting closer to the 70k-75k gold pit I've been talking about!
I've been saying this for over a month, mentioning it in almost every article, and our VIP has been discussing this position. We've remained in cash, waiting for this gold pit!
Now it looks more like a short-term hedge. It might be an emotional release of expectations for Monday's European and American tariff retaliation. The chain doesn't show massive panic, the structure remains unbroken, and the selling is more from exchange inventory.
If US futures continue to weaken tonight, Asian markets might continue the panic, but as long as there's no economic recession, I believe 70K remains a reasonable support.
I will continue to buy the dips in batches, but with small positions and caution, waiting for tariff implementation and GDP data before making additional investment decisions.
When there's no reason for a decline, it's actually worth paying attention
Surviving investors need to remember:
Bloody chips always appear when everyone is luckily questioning "this time is different"
Brothers, come gather here!
Recently, WeChat has been strictly controlled, with groups continuously being blocked, causing previous community members to lose contact. The previous WeChat accounts were unfortunately blocked, unable to reply to messages promptly. The WeChat group has been recreated, and both old and new friends can scan the QR code below to add my new WeChat!
Group content:
Will add new dollar-cost averaging strategies, target selection, and entry timing position allocation. Interested parties can add the QR code below!
Focusing on spot trading, will provide market trend explanations in advance, pre-emptively ambush potential coins, cycle following market evolution, opportunity-based altcoin recommendations, primarily spot trading
Will choose more strong coins, aiming to leverage a few small-to-large targets, as the market surges, definitely needing coins with strong wealth creation effects to ignite a new bull market, capturing one for big gains, capturing several for massive gains
Reasonable position control, mainstream for baseline, altcoins for value enhancement
