This morning, the company just finished a relatively long investment meeting. In August, the overall strategy is: defense, defense, defense, controlling positions, and preventing drawdown! 🧐 The months with the best and worst performance of the S&P 500 index in the past 25 years (from 2005 to the end of 2024) (as shown in Figure 1): ✅ Best months: March, April, May, July, October, November, and December ❌ Worst months: January, June, August, and September BTC market: August and September were also relatively poor months. In August, since 2013, there have been 4 times of gains and 8 times of losses. The average return rate of BTC in August was 1.75%, with a median return rate of -8.04%. Attention to August 12th, China US trade tariffs!