Equation founder: I increased my BTC holdings today as a long-term investment; the market has fallen into excessive panic.

According to Mars Finance, on November 16th, Vida, founder of Equation News, posted that he increased his BTC holdings for long-term investment and also increased his holdings of a small-cap Meme coin for short-term speculation over a few months. The total expenditure was equivalent to 0.7% of his personal net worth, a casual operation with limited potential gains or losses. He is currently bullish on the crypto market in the coming months because: As I analyzed, the US stock market's decline won't be too severe; the sharp drop in the crypto market is somewhat excessive panic; BTC is currently supported by the 1-week Supertrend indicator, which is probably the most effective support in this bull market; the Altcoin market is experiencing excessive panic, and buying during periods of excessive panic increases the probability of success. The best buying opportunity in the world would, of course, be when Strategy or Bitmine faces liquidation, but it's unlikely that this will happen within the next year.