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$BTC This wave is really hard to hold on to. When I looked this morning, it was still above 102000. Moreover, there are far more short positions than long positions, so I placed a long position near 102200. There is no sense of martial virtue at all; the 4-hour chart directly showed panic selling, driven by significant spot sell-offs due to news. Today, basically everyone who went long has been liquidated, including my long position, which has already been stopped out during the recent drop.

The commotion that happened Sunday night is quite significant. In the last 4 hours, 196 million in long user positions have been liquidated. Normally, if there is a drop on Sunday, it is very likely that there will be a recovery on Monday. If by midnight tonight, the price does not recover above 100,000, then it is very likely to continue dropping before the US stock market opens on Monday. The first support level is 97,000, and the second is 93,000.

Let’s observe for now; this could potentially be an opportunity, but it could also be a bull trap.

When you look at $BTC on a weekly basis, you will find that BTC's price is still at a high level, but the fluctuations during this period have worn down the altcoins to the point of being unresponsive.

If the current decline is just the beginning, then think about how much further the altcoins you hold might fall? So the bulls pray that the position of 100800 cannot be broken; if it breaks, the altcoins will have endless declines, and a market cap drop of at least one third is not a problem. I see many people placing their buy orders for ETH around 1880, and over 90% of people have lost confidence in the market for the next two months.

$BTC has not yet broken through the key resistance level, while altcoins are already bleeding profusely.

Is there still a chance for altcoin bulls in this round of the market? From the current perspective, it seems impossible.

What awaits is only repeated declines, just as I mentioned before, one step forward and two steps back.

BTC has once again stopped falling at a key position today. Liquidity is scarce today, so it seems we have to wait until Monday. It's still okay to take advantage of rebounds, but don't have high expectations. Retail investors in the current market have no confidence.

$ETH rose to around 2450 yesterday before starting to decline. In the afternoon, I sensed something was off and exited my long position. Looking back, that was a timely exit. The only regret is not going short. I was thinking of waiting for a slight dip to re-enter my long position, but fortunately, I held off. I wanted to wait until today to see the situation before re-entering long. This morning, I woke up to see the ETH price had dropped to 2250. Then I checked the news.

Oh no, it turns out the US military bombed three nuclear facilities in Iran. This kind of news is just too baffling. The ones being bombed are not Iran, but everyone's exchange balances.

With the news breaking, ETH directly broke through the 2400 range and plummeted to 2200. Long users were completely liquidated. If ETH's price continues to drop below 2200, it will approach the green channel support in Chart 4. This position was the last significant breakout point. If the market drops below this, it will have to return below 1. There are currently no chips at this position, making it a weak support area. Now we can only take it step by step.

At the 2200 position, I'm betting on a rebound, with 2170 for averaging in and 2150 for stop loss. I think that's fine.

The market for $BTC has also initially liquidated short positions at the 105800-106100 level like overdue positions. The highest point reached around 106500. I thought last night's US stocks could continue to push the market up a bit further to provide a higher shorting position, but the result was a direct drop below the price of 105500, which then started to decline all the way down.

At the position of 102345, there was support, and it has now rebounded by over 1000. After the decline, catching the rebound also matched up. $BTC is currently hitting the 365 moving average on the 4-hour chart and the 60 moving average on the daily chart. As long as the position of 102000 holds, I believe there should still be a rebound to repair the market.

On Saturday and Sunday, market liquidity remains scarce. BTC spot CVD and contract CVD are both in a state of outflow, so the current rebound can only be considered as a rebound after last night's overselling, with bulls taking stop losses and bears taking profits. The highest position of the rebound will not break 104500.
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$BTC

All short positions in the range of $BTC 105800-106100 have been liquidated. The idea of rising first to liquidate short positions is completely fine. Now, with the BTC price at 106300, the bullish momentum remains strong. If it can maintain above 105500 before the US stock market opens, the next step will be to challenge the resistance level of 106800-107200.

The rapid rise of contract CVD within an hour for BTC indicates that the current market is still driven by contracts pushing upwards. Furthermore, the US stock market may open lower and then rise, creating an opportunity for a good short position! I have been waiting for shorts, and going long is just taking advantage of market rebounds. However, it's good that I managed to catch it.

$ETH Yesterday I bought at 2480-2500. After a day of consolidation, I finally made a profit. I used #Bitget's 500u trial deposit to open an order. Now I have a profit of 175u. I plan to take profit in the range of 2550-2580 tonight, and then see whether to short. Today is Friday, the last trading day of US stocks. I hope I can follow my script. I have waited for so long, I can get a big reward.

$BTC The market has been consolidating around the price of 104000 for the past few days, not dropping or rising. In this phase of low-volume consolidation, I personally believe that it is better not to operate. Day trading can lead to stop losses if not done well. Playing with altcoins these days has taught me a lesson. I feel we are nearing a market and emotional decision point, whether to rise or fall; we could see it as soon as today.

My personal expectation is to clear the shorts above at 105800-106100, then see a drop, providing suitable short positions. If it directly turns down, then wait for prices below 102000 to consider buying positions for a rebound. The strongest support below remains at 100800; as long as it doesn't break below this level, the market will continue to fluctuate within a wide range of 10,000 dollars.

Tonight, I am more inclined towards an upward trend.

$aave has been performing well and has already risen with the market trends. In the short term, we are looking at a price range of 270-275.

Compared with BTC and ETH, I am more optimistic about the rise of Aave. The 4-hour trend line is back and the 1-hour volume is strong. If the market is optimistic about the rise, I think Aave is a good multi-currency.

$AAVE

$BTC The 4-hour chart shows that both spot and contract CVD are decreasing. It can be seen that today's liquidity is even less than yesterday's. The US stock market will not open tonight. The upper liquidity liquidation is at 105800 and the lower liquidity liquidation is at 103000. Since this deadlock has not been broken before 6 PM this afternoon,

the best outcome would be for the market to first rise and clear the short liquidity above at 105800-106100 before moving down. This way, it can also provide a better shorting position.

A torturous market today; the volatility has made it impossible to scalp. It is recommended to wait for a suitable opportunity before taking action.

$ETH last night's Federal Reserve interest rate met expectations, and the market has been fluctuating around the price of 2500. The news-driven market has passed, and now it's up to the market to choose. ETH has been testing the support level of 2480 for 2 hours, and it has been pulled back each time, indicating that there is support below. As long as it does not fall below this position, the bulls will be a bit stronger in the short term. If you want to go long, you can do so in the range of 2500-2480. The upper target is 2550-2570, and then you can consider going short at this level.

$ETH This market is so volatile that it scares you, and then it pumps. If those who shorted in the afternoon haven't taken profits, they would have no profit by now. Those who went long are now in profit. The market is driven by news, and there was a Federal Reserve announcement in the early morning. The fluctuations are significant, but I don't want to gamble anymore... Scalping is a game where if you don't play well, you lose everything. Both longs and shorts need to stop loss.

The Federal Reserve's interest rate at 2 AM is likely to meet expectations, with no rate cuts or hikes expected.

The interest rate will remain unchanged, with the market paying more attention to the dot plot (the Fed officials' predictions for future interest rate paths) and the wording of Powell's speech. The dot plot may indicate expectations for rate cuts in 2025 (1 time, 2 times, or no cuts), while Powell's hawkish (tightening) or dovish (easing) stance will directly affect market sentiment.

Therefore, everyone should reduce operations; it's fine to scalp during the day and take profits, but do not have a narrow vision. The current altcoins are experiencing a one-step-forward, two-steps-back movement, which is a clear indication of the market lacking funds.

$ETH directly took profit at 2500, still maintaining the idea of playing in a range. Opened a bit of long position around 2500 for ETH. Let's see the rebound situation today.

The selling pressure above ETH remains strong, with the largest liquidation price estimated at 2570. Today, it is likely to be pushed up to around 2550. However, for traders now, going long clearly feels weak, with no capital willing to buy, and the overnight rebound can at most be considered a dead cat bounce.

So if possible, I won't trade today. The experience of holding long positions is very poor. I'm just trying to speculate on today's bullish rebound situation, but my subjective view is still primarily focused on shorting.

$BTC's market in the past few days has been quite volatile, and the current price has returned to the position before the rise on the 13th. There is some support at 103500, but the most critical support level remains at 100800. As long as it does not fall below 100800 in the next 4 hours, the market will continue to fluctuate within the wide range of 10,000 dollars.

The current trading strategy is simple: short at high points and long at low points. However, my recent profits have mainly come from shorting. After all, once selling pressure triggers panic or negative news, it can drop quickly. Conversely, a strong upward movement requires significant positive news and sufficient capital to absorb the selling pressure in the market. Currently, there are signs of a rebound in the 4-hour chart, but given the current market, the rebound strength is not expected to be very high. The upper pressure at 106100 can be a point to try shorting, and there are also Federal Reserve news coming in the early morning.

Strict discipline is always more important than talent; no one is a natural born winner.

Seeing the liquidation email that I didn't understand reminded me of the past when I didn't set stop losses for profit, thinking that I could just hold on and get through it, which resulted in my biggest loss of the year... This incident happened on February 3rd, the day BTC had a downward spike.

I don't think I need to say much about the emphasis on position management and stop losses; most traders on the market will mention this, but only a few can truly implement it. So since April of this year, I have started experimenting with small capital and high leverage strategies, learning and accumulating experience through small trades.

Mindset is also a factor; don't think you can get rich overnight with a single profit reaching 1 million. Little do you know the hardships behind it. Finding big opportunities and daring to take large positions is crucial; greed is something everyone possesses. How to manage greed well is the biggest lesson.

"Find opportunities to bet small and win big, rather than opening trades just thinking about making money."

One must recognize their own abilities and limits. In the existing market, some people make big profits, some make small profits, some incur losses, and some suffer significant losses. This all tells you that everyone has their own limits. Understanding yourself makes it easier to trade. For instance, I handle small capital trades well, but if you ask me to take a large position, I would definitely hesitate. If you find yourself constantly checking your phone for market updates and losing sleep, then it certainly means your position size is too large, exceeding your psychological limits.

After mastering the basics, engage in more practical trading, find your own profit formula, and leverage your strengths.

This is a very important aspect. You can categorize your profit situations in the market into super short-term, short-term, medium-term, medium-to-long-term, and long-term trading styles. Capturing the patterns you excel at to generate profits in the market is key. For me, that means a short-term style; I exit when I reach a target, but I also hold during a one-way market.

Additionally, it’s important to refine your mindset. Hats off to every trader who is still persevering in the market!

$ETH mentioned during the live stream yesterday that the range of 2680-2720 could be shorted. I opened a short position last night and placed an additional short order at 2720 before going to sleep. When I woke up in the morning, I saw that my initial ETH short position was actually profitable. The highest price during the night reached 2680, and I didn't get the chance to add to my short position at 2720.

Now the price has returned to the 4-hour framework. After a rise in the early morning, it was quickly followed by a drop that directly sucked away $153 million in market liquidity, mainly liquidating long users. Those who got liquidated clearly chased after the market during the night when it was rising crazily. After these long users were liquidated in the morning, the market began to rebound quickly.

In the current environment, both long and short users are struggling. Those who went long saw a strong rise in the evening and set their stop losses before going to sleep, only to find out in the morning that their stop losses were hit, leaving them feeling quite upset. Why didn't they take profits before going to sleep yesterday? Short users couldn't handle the market's strong rise yesterday, and after being stopped out at the peak, they saw a crazy drop in the middle of the night. Why couldn't they just hold on for a few more points? They would have been profitable by this morning. This is all a reflection of human psychology, where people always desire to expand their profits after getting an early gain.

ETH's market is set to oscillate again, with upper pressure at 2630 and lower support at 2550. Today, it should oscillate within this range. The strongest support below is at 2500, and the strongest resistance above is at 2720. Let's play around with this oscillating market.

$ETH broke through before it even started. There can be no hesitation during the upward process. Fortunately, I bought some altcoins to make up for the profits. All short positions at 2590 have been liquidated. The current price is 2620. The US stock market opens tonight, and with such strong capital on Monday, I feel that the US stocks will lead the market to rise again. So if anyone wants to short, you can wait around the 2720 position. The turnover rate at this position is very high, making it a relatively strong resistance level.