Recently, the crypto market has gone crazy to the point of 'not making sense', with Bitcoin breaking through the new high of 120,000 and Ethereum surpassing 3,100. But within the madness lies abnormalities: a few days ago, US stocks and the overall market surged, yet Bitcoin fell 3% against the trend, retreating from 120,000 to 115,000, solely because an ancient whale address that hadn't moved in 14 years transferred 40,000 bitcoins (worth 5 billion USD). Although the market temporarily absorbed the selling pressure and now attempts to hit 120,000 again, this is definitely not a good sign—under the new high, a wave of selling from retail investors and unknown institutions is likely to come. Don't forget to stay clear-headed amidst the revelry!
Looking again at Ethereum, it has truly 'hardened' this time, with the Ethereum ecosystem collectively gaining strength. The core logic remains that institutions continue to be optimistic, with ETFs providing substantial support. Sharing group data: SharpLink Gaming began stockpiling ETH using MicroStrategy strategies since early June, accumulating 300,000 coins at an average price of about 2,701 USD, currently floating a profit of 130.9 billion. It is worth noting that its revenue was 4.9 million in 2023, 3 million in 2024, and in the first half of 2025, the money earned from ETH will equal the main business (gaming) revenue of the past 30-50 years. Now, the main business can 'lie flat', following MicroStrategy's lead in accumulating coins, and in the US stock market, we may see a wave of companies 'copying homework', with plenty of drama to come!
Contract trading: painful lessons
Riding the market's hype, a friend used a small amount of USDT earned from writing to play contracts. Initially, they made a small profit and became overconfident, even starting to lead trades. Unexpectedly, some friends followed their trades, thinking they could make money together, but their mindset collapsed—operations became distorted, losses piled up, and they directly lost 45% of their account. They wanted to calm down for a few days but couldn't control themselves, chasing highs and cutting losses, ultimately leading to liquidation!
This time it was a thorough lesson: even if you have a stop-loss and position strategy, when your mindset is off-balance, execution collapses directly. Want to be a short-term trader? First ask yourself: can you strictly adhere to quitting smoking and drinking, going to bed early and rising early, exercising and eating on time? If you can't do these small things, then stay away from short-term trading! Human flaws are hard to overcome; habits that take decades to change will only be magnified in trading.
Recognize yourself, return to 'value investing'
Reflect on yourself: quitting smoking is difficult, maintaining a regular schedule is hard, self-control is not enough for short-term trading. I have always emphasized 'value investing' to fans—holding Bitcoin and Ethereum for the long term. Blockchain development, industry progress, VC investments, MicroStrategy buying, these are all good news that benefits Bitcoin. Isn't it better to hold and sleep well?
Xiaowan's advice for ordinary people
If you are an ordinary person, unable to maintain military-like discipline, and do not want trading to dominate your life (while wanting to work and live more happily), stay away from contracts! High leverage contracts are no different from gambling; the number of liquidation cases is countless.
Bull market warning
This bull market is definitely here, but historical experience suggests it 'won't last too long'. The crazier the market, the calmer you need to be! Just like the previous analysis of SUI, the data clearly indicated overvaluation, yet many remained lost in greed, unable to wake up and only able to 'wait and see'.
This article serves as a warning: small losses are to avoid larger pitfalls in the future. Regular reflection is essential for navigating the crypto market more steadily, and I hope everyone maintains their calm and doesn't let the frenzy cloud their judgment!
Follow Su Xiaowan, she will help you solve confusion, position locking, and provide operational advice. Let strength speak for itself. When you lose direction and don't know what to do, look to Xiaowan (homepage) to guide you.