Bitcoin rallies 10% intraday according to headlines suggesting that SEC is approving iShares Bitcoin ETF. This news comes from an actual headline on the terminal of Benzinga after Reuters reported the same news a little while ago. People may think these extreme moves are news driven. But the truth is that the market is on the edge of a melt up given the overextended draw down period, collapsing investor sentiment, and the scale of a once-in-40-yrs undervaluation of the majority of stocks. As we mentioned last week, now is not the time to panic. For professionals like me, we are the only ones taking advantages of panic selling. Hopefully, retails like you guys can have the gut and the tactics to do the same$道琼斯指数(.DJI)$ $标普500指数(.INX)$ $纳斯达克综合指数(.IXIC)$