Zhang Liangying: Finally waiting for you, it's good that I didn't give up.
Why do some people always want to trade frequently and come here empty-handed?
The so-called KOLs who encourage you to do this are only after the transaction fees generated by your frequent trading; the essence of rebates is just giving money to others.
The trading fees on Binance are like the rake taken in a card game; there is no right or wrong about whether it should be or not. When you trade or play cards here, the fees taken are essentially neutral.
Rebates are originally your own money, a part of what you earn, the rest is given to others. Whether it's good or not depends on the individual; anyway, my view is that even if I can't get it, I won't give money to others because I'm not a saint.
Back to the topic, how do we view the current BTC market?
Due to tariffs, it won't end simply for a long time. Prices in the U.S. will soar to historical highs, and they will have to bear the pain themselves. The price increase has led to the depreciation of the dollar, meaning more money is needed for expenses. When income doesn't rise while everything else skyrockets, all capitalists and traders can only sell their financial assets to acquire more dollars, as the dollar is fundamental and essentially the last safe haven.
BTC, with a daily closing price of 78390, has directly dropped below 79. The KDJ and RSI have not yet reached daily-level oversold, and there hasn't been a huge volume spike, proving that human nature is greedy; in the face of a bearish trend, they still firmly believe that selling now equals admitting they haven't lost yet.
I mentioned before that a support level can only be used a maximum of four times. How many people listened?
BTC support 1, 757, support 2, 737, support 3, 715, extreme support 691.
Resistance 1, 80,000, resistance 2, 823, whether the short-term can go up again depends on the U.S. stock market.
ETH, I previously advised against going long; how many people have been liquidated? Does looking at support levels help?
SOL's daily closing price has fallen below 110; it's not time to bottom-fish yet.
Resistance 1, 110, resistance 2, 116, resistance 3, 122, resistance 4, 130.5.
Support 1, 99.5, support 2, 93, support 3, 87, support 4, 81.5.
For spot trading, if it reaches around 87 or 82, buy in batches to maximize cost-effectiveness. If the weekly close is below 80, we'll see if we need to liquidate after an intraday rebound.