2025-08-23 Night Line

A wave of charge reaching the peak with a pullback is inevitable. SOL's 4-hour chart has topped. If it cannot close above 205 on the 4-hour line, the probability of continuing down to confirm the top-bottom exchange at 195-197 is high.

On the ETH side, after breaking 4778 yesterday and touching the historical high (4840-4880), it experienced a 1-hour level pullback. The price falling to around 4650 is in line with expectations. As long as it doesn't break below 4570, the strong bullish trend remains.

Bitcoin is slightly weaker, but it's not a big issue. The position it's at is right on the dividing line. For those worried about missing out, one can enter long positions around 1148-1142, with 4-hour support still holding at prices of 1191-1193.

The market on Saturday and Sunday doesn't count, so there's no need to be overly anxious about it. Just pay attention to how the night line on Sunday moves.

There are still about 20 days until the interest rate cut, so it's unlikely to run unilaterally for over 20 days. If the market moves quickly, there will be two 4-hour level pullbacks in between; if it moves slowly, there should be another 4-hour level pullback before the rate cut.

So you see, after missing out, as long as you can overcome the psychological pressure of reverse revenge trades, there will be opportunities to enter again. In this tricky place, as long as you have enough patience, you can win against 90% of people.

Learn to be like an eagle; don't fly around when there's no prey, conserve your strength (capital), wait for the right opportunity (reasonable risk-reward ratio, relatively controllable risk), and then strike. It will be much better.

WLF has been listed. Last year, the public offering price was around 0.2U, or was it 0.02U? I can't remember. If it was 0.2U, then holding it for almost a year isn't a big bargain. If it was 0.02U, then it doesn't count as holding it for that long.

I remember the public offering raised several hundred million; the stakes were quite heavy. #杰克逊霍尔会议 $ETH $BTC