Let me tell you how to make money in the US stock market. The 30-year US Treasury yield has hit a 19-year high, which is a real test. Don't focus on index ups and downs; what determines the next phase of the market is the bond market. The continuous rise in the 30-year US Treasury yield indicates the market is starting to worry: US interest rates may not decline as quickly as previously expected, and future funding costs will remain high for a long time. What does this mean for US stocks? It doesn't mean there are no opportunities, but the market logic has changed. In the past, many stocks could rise based on stories and liquidity. But in a high-interest-rate era, the market will become more realistic: Companies without profits will be abandoned, overvalued companies will be re-evaluated, and truly profitable companies with industry barriers will receive more funding. Looking at last week's US stock market, this signal has already appeared: The index is still high, but funds are increasingly concentrated in AI, tech leaders, and companies with strong cash flow. Focus on three key areas next: First, AI infrastructure. Watch: $NVDA Nvidia $AVGO Broadcom $MU Micron Second, cash flow giants. Watch: $MSFT Microsoft $GOOGL Google $AMZN Amazon Third, growth stock opportunities after the interest rate inflection point. Watch: $META $TSLA The US stock market won't stop rising, but it won't rise together anymore. Funds will become more selective, shifting from "buying dreams" back to "buying performance." In the next phase, focus on: AI computing power + real profits + strong cash flow. This is the most certain direction in a high-interest-rate era. #30年期美债收益率创19年新高

At this point, the crypto space simply doesn't need so many exchanges. The owners of small exchanges are all bad actors; the money you deposit is basically their money, so small exchanges should have died out long ago. The survival environment for second-tier exchanges is also worrying. Few can withstand a wave of withdrawals, and the issue of users being hacked remains unresolved, with no proper explanation. At this stage, just a few leading exchanges are enough. These few owners are respectable people; while ensuring security, you also know they have the capability to back your assets. Secondly, it proves they are entrepreneurs, at least striving forward, unwilling to admit defeat. For the sake of reputation, they won't do things that go against public opinion. The rest are just an IQ test. If you still put your money in small exchanges now, no one will sympathize with you if something goes wrong.

Brother Feng truly practices what he often says: "In the end, the only thing people regret is not living bravely enough." Failure is not regrettable at all because lack of ability means facing failure every day in life. But if you have an investment opportunity and choose not to take action, that is the biggest loser; it's like betting on your own destined mediocrity. So Brother Feng lost heavily, but he lost with enough courage.

The biggest irony in the past six months is: Many people have always thought the crypto space is high risk, but what really stunned quite a few was actually the US stock market. Everyone in crypto knows the volatility is high, so they somewhat control their positions and have expectations in mind. But when it comes to US stocks, especially in hot sectors like AI and tech leaders $SNDK $MU $SKHYNIX, many people actually let their guard down. They think this is a generational dividend, a certainty opportunity, even daring to go all-in or use high leverage. Market makers don’t become gentle just because it’s called a “stock.” When valuations are high, stocks can fall even harder than altcoins; when sentiment fades, no matter how good the story or how strong the fundamentals, they can’t withstand a valuation crash. So the real risk has never been whether it’s crypto or US stocks. The biggest risk is when everyone thinks “this time it’s different.”#美股加密标的承压，币价波动影响财报

The planet has paid the salary, this week it's 70U. To be honest, no one expects to get rich from this small creator incentive, but it represents recognition and respect. It means that someone has noticed your persistence, someone appreciates your content, and is willing to give positive feedback for your creation. This kind of feedback motivates people to keep producing. Thanks to OKX Planet for always supporting creators, and thanks to every viewer who follows, likes, and comments. Every recognition is the motivation to continue creating; every support makes me believe that persistence is meaningful. Everyone can also participate in sharing content. Compared to Twitter's 3 million reading threshold, Planet is very generous.

I know that being overly honest can make you lose appeal. Audiences like to watch fictional stories: flaunting wealth, huge profits, devastating losses... But I have no intention of playing games with others; I just want to be myself. Free, straightforward, and proper.

In just over a month, the tide has turned. I wonder if all the teachers now think back fondly on their original families, or if they miss this cesspool?

Just look at the trend of Micron $MU to understand how brutal the market is right now. How many people tried to catch a rebound yesterday? It surged to 830 before the market opened, making people think the panic was over and the opportunity had arrived. But it opened and immediately plunged. You thought 760+ was the bottom, but the market dropped you down to 706. If you dared to reach out and catch it, it kept falling further. This is the toughest phase of deleveraging: It's not the fastest drop that's the scariest, but every rebound reignites hope, only to get trapped again. The once "Light of America" is now nearly halved. The market truly bottoms out not because of how much it has fallen, but because in the end, even the bottom-fishers start doubting themselves. Only when no one wants to buy can the selling pressure truly end.

Most people's main life themes are just two things: Afraid of being laughed at; laughing at others.

So many traders have fallen, and the timeline is filled with wails for a reason. Bitcoin took more than four months to drop 50% from its peak. SanDisk and Hynix completed a violent halving in just one month. People in the crypto circle can't adapt to this pace, So, which one is really the high-risk asset??