Today's homework is difficult to write. In the morning, I still believed that H-1B was the influence. In the evening, I was a little uncertain. Indeed, the US stock market began to rebound, while cryptocurrency still fell. There are many factors for the rise of the US stock market. After a look, including the reason for TikTok, Paul Apple, Tesla and even Nvidia all had good and expected good results. Three of the seven sisters rose, and the remaining four fell slightly, leading to a rise of nearly 0.5% in QQ. So I really don't know whether H-1B is good. But this is not the most important thing, the most important thing is the operational logic after the market occurs. Before doing the homework, I have been watching the trend of the US stock market, and I have repeatedly emphasized that the correlation between the US stock market and BTC is very high. Moreover, I have not seen any negative trend in the field of cryptocurrencies such as Bitcoin, which means that there is no difference between today's BTC and last Wednesday's BTC, and the price decline is most likely not a systemic risk. After the US stock market closed, I saw that the price of BTC remained around $112000, and the sentiment of the US stock market was already good. Even if there was an H-1B issue, it should have been digested. After fixing the network, I ambushed at $112222 and cancelled the previous order of $111500. However, I found that it couldn't hang up for a long time, so I directly hung it up at the current price of $112361. My logic is the same. If the US stock market rises, BTC should not be too bad. Of course, I may not be right. In fact, this position still carries risks. It depends on the attitude of Asian partners when they wake up in the morning, especially since the liquidity in Asian time zones is relatively low. If Asian partners do not buy it, there is still a possibility of further decline. Therefore, this is the first position. If it continues to fall, a second position of $107000 will be ambushed. Whether it can be eaten or not will be discussed. Looking back at the data of Bitcoin, although the price of BTC has fallen and triggered more turnover, the investors participating in turnover are actually very concentrated, mostly short-term investors who bought before and after the Federal Reserve's interest rate meeting. Early investors are still calm, and the current chip structure is also very healthy. Personally, I have not found any systemic risks. Today, however, I noticed that Bostik of the Federal Reserve said that the Federal Reserve has no meaning to continue to cut interest rates. He is not the voting committee in 2025, and his influence is not very great. But even so, the US stock market should have some reaction. Surprisingly, there was almost no reaction. Even Trump did not directly express his opinion on interest rates after the interest rate meeting, which is really strange. This article is sponsored by Bitget | @ Bitgetzh