March 19, 2026

The market has dropped again, which is within expectations. After all, the market rebounded from its lows and hasn't yet formed a clear uptrend. This stage is particularly tough to endure because the overall trend is still bearish, and nobody can be certain how far this rebound will go. This is also why I believe adding positions isn't advisable right now.

However, following general market logic, since the major players chose to push prices up after consolidation, they've already incurred considerable costs. Therefore, it's highly unlikely they'll abandon the rally so easily. From what I can see, if this current downturn isn't due to strong resistance from the bears, then it's the major players choosing to shake out weak hands again. Either way, subsequent attempts to push prices higher should continue.

Looking at the current situation, Israel has started bombing Iran's oil and gas facilities, and oil prices continue to surge dramatically. Interestingly, gold prices have actually declined instead, so it's understandable that crypto prices are under pressure too. While I'm bullish on short-term movements, to be honest, I don't have much conviction deep down. On one hand, we're in a bear market cycle; on the other hand, the international situation is too chaotic.

Sometimes you can't help but admire Buffett's brilliance. He previously went all-in on oil company stocks and was even criticized for being "out of touch" because he wasn't outperforming other companies. Now it seems the old saying "old ginger is spicier" truly applies. Therefore, judging from his actions of accumulating massive amounts of cash, the future situation will become even more unpredictable and chaotic.

Thank you for your attention and likes.