Today's homework is relatively simple. The reasons for the decline in the past two days have been explained, but whether the rise will rebound or reverse still needs to be carefully thought about. Tomorrow, we will post a tweet about this thinking. Yes, it is smelly and long, but if we want to explain these things clearly, we need to be more careful. I also want to briefly mention it, but where is the significance of this? After all, I hope to establish the correct investment philosophy with my friends, rather than imparting my personal investment conclusions. The most significant news today should be that Ukraine has agreed to a 30 day ceasefire, which has laid the foundation for the end of the Russia Ukraine war. The end of the Russia Ukraine war can balance the pressure of the United States on inflation caused by tariff increases, reduce the risk of economic recession, and obtain the development of rare earth minerals to avoid some of China's export restrictions. The US stock market itself rose a lot because of this information, but suddenly fell again an hour before the closing, and closed down. It seems that the risk market does not easily think that the economic recession will not happen, and Trump's inflation strategy is like a children's game. At dinner, it just announced the imposition of an additional 25% tariff on Canadian aluminum and steel, which was cancelled after Canada canceled the 25% electricity bill. Can't the two of you make a decision through normal human communication, such as making a phone call or hiring a little brother to confront each other? But instead, using the form of a White House speech to shout from afar, who is responsible for the losses in the risk market? I am also convinced. So when Trump was in office, he really had to be careful about high leverage. Looking back at the data of Bitcoin itself, the turnover rate in the past 24 hours has been really high. It should be because BTC fell below $77000, which once again triggered panic among investors. However, from the data, the panic is still among investors who have been buying at the bottom in recent days, and earlier investors have not made much movement, even those who are losing money. So it seems that after a period of volatility has washed away more short-term investors, the price can be more stable, and another piece of good news is that after falling below $77000, The gap of $76500 in URDP has also been filled. As mentioned before, the gap in URPD has never been left unfilled in history, and now it has been filled is a relief. Although the price gap is still quite large, there is still no sign of breaking through the dense chip concentration area between $93000 and $98000, and a large number of investors in this range are not panicking. This is also a good support for the price, and there is currently no sign of a new bottom. It seems that there is still a chance to return to the price support range. Data has been updated, address: https://docs. (google.com)/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit? usp=sharing This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex