The high and low during this period are 79,862 / 79,383, with trading volume of 690 million USDT.
79,383 is the key support to watch right now; if it breaks, there will be no obvious buying support below. On the upside, 79,862 is the resistance for this move. Before it breaks above that level with volume, any rebound can only be treated as a rebound.
Liquidity is relatively thin at this time, so prices can easily be pushed around by small orders. Sudden spikes and V-shaped moves are nothing unusual. If you do act, place limit orders instead of chasing market orders, and don’t set your stop loss too tight.
Beyond the market screen, I want to talk about something I’ve been thinking about for a long time.
In "Ghost in the Markets," there’s a principle mentioned: The ghost’s first rule: a position must first prove it is right, otherwise it should be reduced. Don’t wait until it proves it is wrong to exit; if it hasn’t proven itself right, then leave. For nine out of ten people, the order is reversed.
Take $MARSCOIN as an example today: now at 0.236400, 24h +40.63%. A chart like this just happens to confirm the principle above. It’s not a coincidence; it’s human nature repeating itself in the market.
The more I think about it, the more I feel that in the end, trading is not about technique, but about mindset. Make a note of it and come back to compare later.
Some truths are only understood after you've taken losses.
When it comes to the meaning of volatility, there is a principle: volatility is both the source of the returns the market pays you and the way it takes your money away. If you want profit, you have to endure volatility; if you don't want volatility, then don't come in. These are two sides of the same coin.
Take $DASH as an example today: now at 69.37, 24h +38.08%. This kind of price action perfectly confirms the principle above. It's not a coincidence; it's human nature repeating itself in the market.
This sounds simple, but putting it into practice costs a lot in tuition. When it's time to wait, you have to wait.
I reviewed today’s market action before bed. Honestly, today carried quite a bit of information.
BTC moved between 78,800 and 79,877 today, and finally closed at 79,614, up 0.30% for the day. What matters most here isn’t the rise or fall itself, but whether trading volume kept up. Today’s 855 million USDT in turnover wasn’t really active, which suggests market sentiment is still relatively cautious.
ETH was a bit stronger, up 0.09% for the day, closing at 2,454, with an intraday range of 2,438 to 2,464. Its correlation with Bitcoin is still very obvious; if Bitcoin doesn’t move, it’s hard for ETH to make an independent move.
The biggest mover today was $ASTER , which rose +12.62% on the day, with 40 million in trading volume. Moves like this are either due to funds positioning ahead of time, or sentiment-driven trading amplifying volatility.
Today’s key signal: whether BTC can gain volume at a critical level will determine the next direction. Tomorrow I’ll focus on whether BTC can hold the xxx level.
Up 0.57% for the whole day, closing at 79,754, with a high/low of 79,877 / 78,660. Trading volume was 918 million USDT, and for today, that kind of volume is pretty sincere.
What’s most worth remembering today is that BTC is seeing some capital attention. If it can hold above 79,754 tomorrow, the move may still have room to continue. But if tomorrow opens with a straight drop, then today’s move is most likely just a short-term trade.
I read an old saying and it suddenly matched today’s chart.
The cost of beginner’s luck teaches a principle: If you make money right after entering the market, it’s the most dangerous thing. It makes you think this game is easy, and then you keep increasing your position to confirm that illusion. Beginner’s luck isn’t luck; it’s installment payments on the bill.
Take $MARSCOIN as an example today: now at 0.248800, 24h +127.22%. This kind of chart perfectly illustrates the point above. It’s not some coincidence; it’s human nature repeating itself on the chart.
The market won’t show you mercy just because you understand the logic. Keeping some ammo is better than anything else.
$MARSCOIN is now at 0.235300, with a 24h change of +114.89%.
The high and low during this period are 0.246600 / 0.109500, and the trading volume is 0.96 billion USDT.
0.109500 is the most important support to watch right now; if it breaks, there won’t be any obvious buy support below. On the upside, 0.246600 is the resistance for this move. Before it breaks above with strong volume, any rebound should still be treated as just a rebound.
Liquidity during this period is relatively thin, so the price can be pushed around by small orders, and wick spikes and sharp reversals are nothing unusual. If you’re going to trade, place limit orders instead of chasing market orders, and don’t set your stop-loss too tight.
ETH is currently at 751.26 in the evening, up 3.73% over the past 24h.
Today’s full-day range was 708.88 to 756.88, with trading volume of 165 million USDT. During this evening period, ETH is most likely to follow BTC’s rhythm. If BTC suddenly rallies, ETH will probably follow; on the other hand, if BTC drops sharply, ETH is unlikely to stay unscathed.
If you want to make a move tonight, keep an eye on the 708.88 support level. If it holds, you can consider a small position; if it breaks, wait for the next support. The worst thing is getting emotionally carried away at night and jumping in without thinking it through.
I read an old saying and it suddenly matched today's market.
The hindsight bias talks about one principle: After a move is over, the candlesticks look crystal clear. But at the time, you couldn't see the future from the right side. Don't punish your past self with hindsight, and don't use hindsight to believe you'll get it right next time.
Take $ETH as an example today: now at 2,455, 24h -2.62%. This kind of price action just confirms the point above. It's not a coincidence, it's human nature repeating itself on the chart.
The market won't spare you just because you understand the logic. First, reduce your position size.
It's almost the close, and today $ETH is definitely worth talking about.
It rose -2.53% throughout the day, with a trading volume of 783 million USDT, making it one of the most active coins in today's market. The price pulled all the way up from 2,432 to 2,533, and is now pulling back to around 2,458.
This kind of move shows the money hasn't left yet, but short-term profit-taking is also coming out. The key thing to watch tomorrow is whether it can keep volume expanding around 2,458. If the volume doesn't keep up, there's a high chance it will retest a bit; if volume continues to increase, then the upside will open up.
Did you catch this wave today? Are you still bullish on this coin tomorrow?
I copied this passage into my notebook and flip back to it every so often.
In <a>"The Way to Financial Freedom"</a>, there is a lesson: Van Tharp talks about expected value: win rate multiplied by profit, minus loss rate multiplied by loss. A lot of people still lose money even with a 70% win rate, because they make a little when they win, and lose a lot when they lose. Math doesn't lie.
Take today's $ETH as an example: now 2,456, 24h -2.43%. This kind of market pattern just confirms the point above. It's not some coincidence; it's human nature repeating itself in the market.
This sounds simple, but in practice you have to pay a lot of tuition to learn it. For now, just watch and don't make a move.
As the afternoon market stands, ETH is around 1.4033, down 2.99% over the past 24h.
The intraday range is 1.3836 to 1.4625, with trading volume of 203 million USDT. Both bulls and bears are not making any big moves right now; everyone is waiting for a signal.
If it can break above 1.4625 with increased volume this afternoon, that would suggest the bulls still have some ideas. On the other hand, if it retests 1.3836 and still can't hold above it, then this move may be coming to an end. For futures traders, the biggest mistake at this point is to bet heavily on a direction, since one sharp move can wipe you out.
Are you sitting on the sidelines watching this afternoon's action, or taking a short-term trade?
There isn’t much to say today, so let’s talk about something else.
About missing out, there’s a point mentioned in it: Every year in the crypto market there are dozens of coins that go up tenfold, and you’re destined to miss most of them. Accepting this, you won’t chase every high just because of FOMO.
Take $ETH as an example today: now at 2,451, 24h -2.30%. This kind of market perfectly confirms the point above. It’s not some coincidence; it’s human nature repeating itself on the chart.
Looking back, the places where you stumble are all written in this sentence. Let’s talk about it tomorrow.
Take a quick look at the chart at lunchtime. $SAHARA has had a pretty strong move today, up +5.40% over the past 24h.
The current price is 0.009370, with an intraday high of 0.010000 and a low of 0.008790, and trading volume of 0.35 billion USDT. This level of volume suggests it’s not just a small move—there is indeed money paying attention to it.
But I still have to say: chasing highs at midday comes at a cost. Many coins make a run at noon and then start pulling back in the afternoon. If you’re bullish on it, instead of jumping in now, it may be better to wait until the afternoon to confirm whether support holds.
At this midday point, are you already in, or are you waiting for a pullback?
I came across an old saying, and it suddenly fit today’s market.
What was mentioned about the cooling-off period makes a point: Set a rule for yourself: whenever you feel an impulsive urge to place an order, wait ten minutes first. If you still want to place it after ten minutes, then do it. This one rule can save you half your losses.
Take $ETH as an example: it’s now 2,452, with 24h -2.33%. This kind of market perfectly illustrates the point above. It’s not a coincidence; it’s human nature repeating itself on the chart.
The market won’t show you mercy just because you understand the logic. When it’s time to wait, you have to wait.
I scanned the market this morning, and $SNDKB is a bit interesting today, surging directly by +12.21%.
The current price is 1,748, with an intraday high and low of 1,763 / 1,556. Trading volume is 0.42 billion USDT, which shows there’s active buying from funds, not just retail FOMO.
For coins that suddenly see a volume spike in the morning, two situations are most common: either some positive news has been sniffed out by the funds in advance, or the big players are testing the market. No matter which it is, the thing to fear most at this time is blind chasing. It has already risen so much that chasing it carries more risk than opportunity.
If you’re already in, keep a close eye on the 1,556 level. If it breaks, you should definitely exit. If you haven’t entered yet, it’s better to wait for a pullback to a supported level before considering it.
I copied this passage into my notebook and flip back to it every so often.
What loss aversion teaches is this: Behavioral economics shows that the pain of losing 100 yuan is roughly equal to the pleasure of making 200 yuan. That’s why you can hold onto a losing position but not a winning one—the way we’re wired makes it so, and you have to rely on rules to fight it.
Take $ETH as an example today: now 2,452, 24h -1.97%. This kind of market action just confirms the point above. It’s not a coincidence; it’s human nature repeating itself in the market.
We’ve all heard the principles. The hard part is whether you can actually do it in the moment. You have to wait when it’s time to wait.
ETH is now fluctuating around 0.210500 in the early session, -4.62% over 24h.
Last night’s high and low were 0.227200 / 0.209200, and overall it has been oscillating within the range. The key focus this morning is whether it can hold the 0.209200 level — if it breaks below, there will be more downside room; if it holds, a short-term rebound can be expected.
Trading volume was 47 million USDT, which is not large, indicating that funds are still on the sidelines this morning, with no clear directional choice yet. At times like this, the worst thing is to rush in; better to wait until the picture is clear before acting.
A quick look before the open. BTC is currently stuck at 79,636, down 1.85% over 24h, and overall weak. ETH is around 2,451, down 1.81% over 24h, also weak.
BTC traded in a range from 78,660 to 81,428 overnight, and this level is pretty critical. If the market opens with enough volume to hold above around 81,428, short-term sentiment will improve a lot; on the flip side, if it drops below 78,660 right at the open, today will most likely be a choppy day.
ETH here depends even more on BTC's lead. Without direction from Bitcoin, Ethereum is hard to move independently. Trading volume is 1.033 billion USDT, which is not active, suggesting everyone is waiting for the opening signal.
I won't jump in right at the open today. I'll watch for half an hour first and confirm the direction before acting. Wait for the signal, not for the mood.
When someone asks me how I look at the market, this is the phrase that comes to mind.
In "Predictably Irrational," there is a point made: Ariely proved that people are predictably irrational. Losing ten thousand is still losing ten thousand, but if you lose it on a coin you chose yourself, it hurts more, because it was your choice. That kind of pain makes you stubbornly hold on and refuse to admit you were wrong.
Take today's $BTC as an example: now at 79,773, 24h -2.45%. This kind of market just confirms the point above. It's not a coincidence; it's human nature repeating itself on the chart.
The more I think about it, the more I feel that in trading, what matters in the end is not skill, but mindset. First, reduce your position.