2025-08-23 Night Line

Just got home, exhausted, no live stream tonight. Just a quick look at the market and then off to bed.

A surge hitting the peak and then pulling back is inevitable. SOL's 4-hour chart has reached its peak; if it cannot close above 205 on the 4-hour line, then it is highly probable that it will continue down to 195-197 to confirm the effective top-bottom exchange.

On the Ethereum side, after breaking 4778 yesterday, it touched the historical high (4840-4880) and then went through a 1-hour level pullback, with the price retreating to around 4650, which is in line with expectations. As long as it doesn't drop below 4570, it's still a strong bullish trend.

Bitcoin is slightly weaker, but it's not a big issue. The current position is right at the division line. For those afraid of missing out, you can enter long positions around 1148-1142, with the 4-hour support still capable of reaching prices of 1191-1193.

The market on Saturday and Sunday doesn’t count; there’s no need to be overly anxious. Just pay attention to how the night line moves on Sunday.

There are still about 20 days until the interest rate cut, and it’s unlikely that there will be a one-sided run for more than 20 days. If the market moves quickly, there will be two 4-hour level pullbacks in between; if it’s slow, there should still be one more 4-hour level pullback before the interest rate cut.

So you see, as long as you can overcome the psychology of reverse revenge trading after missing out, you will get another chance to enter. In this tricky place, as long as you have enough patience, you can beat 90% of the people.

Learn to be like an eagle; don’t fly around recklessly when there’s no prey, save your strength (capital), and wait for that suitable opportunity (reasonable risk-reward ratio, controllable risk) to strike, and it will be much better.

WLF has been listed; I recall the public offering price last year was 0.2U, or 0.02U, I can't remember clearly. If it was 0.2U, then holding it for almost a year isn’t a great bargain; if it was 0.02U, then it wouldn’t feel like holding it for so long.

I remember that several hundred million were raised at that time, so the car is quite heavy.