April 3, 2026

CZ has published a book. Actually, when you think about it, for most people, it's just about chasing fame and profit—making money to buy luxury homes, and once they've earned enough, they write a book, often along the way not forgetting to chase women. That’s probably the goal for most people. But how should I put it, successful people always have their extraordinary qualities. If you're interested, you can check it out and learn about CZ's entrepreneurial and investment philosophy.
In fact, the market has quietly entered a bear market for quite some time. During previous downturns, I would often boost everyone's confidence, but this time I didn't do much of that. There are two main reasons: first, the market hasn't hit the bottom yet; my current estimate for the market bottom is around $50k. Second, the performance of altcoins is too poor right now. In the last bear market, I allocated some funds specifically to bottom-fish altcoins, but the final returns were disappointing. Honestly, I also feel quite uncertain about the future of the crypto space—not just regarding prices, but about the projects themselves.
Maybe I’m not the only one; many people are feeling confused now. It’s not just the crypto world—people are also cautious about investing in U.S. stocks. Long-term, I won’t even mention. With the shadow of war and chaos in the global landscape, in the short term, the market is heavily influenced by Trump’s various rhetoric, causing price fluctuations that are irregular and unpredictable.
The current market conditions in crypto are quite difficult to operate in, but it has been consolidating for a long time. Recently, it’s still possible to do some swing trading. The most important thing in swing trading is mindset—placing orders in advance, patiently waiting whether you're selling prematurely or catching the right entry, or using options and grid trading strategies (I’ve already uploaded a video about grid trading on YouTube, for those interested).