This round can't be preserved without sacrificing a few large funds. 110,000 ＃BTC Over 4,000 ＃ETH 180 ＃SOL These funds have bought quite a bit; they are the catalysts for this round of market. Now, many are probably dumbfounded. The core gameplay of the fund companies is based on "mNAV (Market Value to Net Asset Value Ratio) premium." When the market is good, companies can issue more shares (because mNAV>1). In a bull market, they can raise funds by issuing more shares to buy cryptocurrencies, pushing the net asset value per share to attract more investors and create a flywheel effect. When mNAV < 1, this game can't continue. They can't continue to finance if the company is still in debt. In extreme market conditions, they are highly likely to be forced to sell their crypto assets. At that time, panic will arise, and a death spiral is highly likely to form. Once a stampede occurs, it is also possible to see Ethereum drop below 1,000. As the saying goes, success and failure both depend on the winds and clouds. Our correct strategy is still what we said last time: build positions in batches. Ensure we don't miss the reversal market. It also guarantees that we can buy low-priced chips in extreme situations. Whether we can achieve freedom depends on this round, brothers. Let's go!