Art of Speculation
Art of Speculation|Sep 21, 2026 16:15
The bull market is born in pessimism, grows in doubt, matures in optimism, and ends in euphoria. Right now, is everyone doubting both bullish and bearish moves? At times like this, just hold tight and stay put. I believe the market is currently in the 'growing in doubt' phase. There are still many people who don’t believe the bull market is truly back, and they’re waiting for the next big drop every time prices go up. This shows that market sentiment hasn’t reached a stage of unified optimism or even euphoria yet. From the perspective of the emotional cycle, whether it’s $BTC or the semiconductor rally, this round is still relatively early. In terms of short-term rhythm, I lean toward U.S. stocks and $BTC maintaining relative strength before the U.S.-China meeting this week. The market might continue trading on policy expectations and improved risk appetite. However, once the event actually happens on Wednesday or Thursday, we need to be cautious about short-term 'sell the news,' especially if the final outcome only meets expectations without delivering any significant upside surprises. Early profit-takers might choose to cash out. If there’s a small pullback for a few days due to 'sell the news,' make sure to add positions and go all in boldly.
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