1900-plus 24 hours ago, and I didn’t get on the bus. $ETH is now 2,278, up 18.83%, with trading volume of 2.061 billion USDT. I watched it for just one afternoon and then it was gone.
This money was supposed to land in my pocket. Now I can only watch it. The pain is even worse than taking a stop-loss and cutting into a loss. Losing money means my position is at stake; missing out means my pride.
But the market has new opportunities every day. The profit I missed on this one is worthless compared to whether I can live to the next chance.
Today’s market action looks like it was specifically here to give me a lesson. It goes up, and I panic. After panicking, I still have to stay alive and wait for the next ride. The taste of missing out is something you only truly understand after you’ve swallowed it yourself.
That midday bullish candle, with the upper wick almost as long as the real body.
One guy bought SOL at 87.21.
He said he saw in the group that there was a major positive catalyst, and he was afraid he wouldn’t get on the train.
When he charged in, he even sent a line: “This wave is solid.”
Now the price is back at 85.88, and he’s down nearly two percentage points.
Actually, that move in the morning was pretty fierce—going straight up from 76.92 to gain 11 points.
The problem is volume.
Today’s trading volume is 383 million, which sounds like a lot, but it’s still below the 20-day average volume.
After a move like this, if volume can’t keep up, it’s like someone shouting loudly but not taking a step forward.
Even the RSI is 72.6, sitting in the overbought zone.
The MACD is still in a bearish alignment, with DIF only at 1.91.
The Bollinger Bands are hovering near the midline; the band width is 18.6%, and the direction basically hasn’t been decided.
The guy asked me whether he should add to his position.
I told him, first look at that upper wick before talking.
On the tip of the parabolic curve, there’s never a shortage of people standing guard—an up-thrust with shrinking volume is basically handing the people inside an exit door.
As for the news… by the time you see it, the price has already finished moving.
What’s left is all just a bag-holder relay race.
He didn’t reply for half a day, and in the end he said: “I’ll go place a stop-loss order.”
That upper wick—enough to give anyone who chased higher a dose of trouble.
Yesterday I said this level was a false breakout, and today I got directly slapped in the face.
1-hour chart RSI 80.4—an overbought signal is right in your face. The MACD bulls haven’t exited, but the volume ratio of 0.5 is just too ugly. An up move on shrinking volume—I feel uneasy.
The 4-hour chart is even more extreme: RSI 82.9. Across the three timeframes, only the 15-minute RSI is 36.7, which suggests short-term pullback pressure, but nothing is breaking down.
Now the price is stuck at 69,183, hugging MA5 at 69,392. Above at 70,000 is the integer level and also the previous high. Below at 64,028 is the prior low—this range is the main battlefield for this leg.
My plan is simple: don’t chase longs. Wait for the price to shrink the volume and pull back to MA20 at 67,533, and see if it can hold. If it holds, I’ll try a small long position. If it breaks below 67,533, I’ll wait to pick up near 64,100.
If 70,000 is truly broken out, the volume ratio needs to be at least 1.5. Otherwise, it’s just putting on a show.
This is just my own plan—don’t take it too seriously.
At 69,894—whoever buys is the one who gets burned.
I just flipped through *The Liars’ Poker*—Lewis’s whole Wall Street spiel is, in essence, about harvesting the other side’s money using an information gap.
Crypto has taken this playbook and put it on-chain—the players become you and me.
A game of telephone where one layer is wrapped inside another; the candlestick chart is the bait painted out for you.
When you don’t know who the fool is, then the fool is you.
This move today just rehearsed the lesson perfectly.
$ETH was pulled up to 2,229, up 16.60% over 24 hours, with trading volume of 1.848 billion.
The news is being shouted from the rooftops, but the real money chips are quietly changing hands.
You think what you’re seeing is an opportunity—while others see your cost line.
I don’t even need to analyze where it’s going next. I just know that the people who learn the news before everyone else is never you.
In this market, what you’re allowed to see is always what they want you to see.
Check your phone first after waking up—XRP 1.1119 is up 11.47%, and it’s currently riding right along the MA5.
MA5 1.1104 is already above MA20 1.0487.
Above, 1.1363 and 1.1332 are the 24-hour highs—this is the first hurdle for today.
Below, 0.9959 is the 24h low; further down are 0.9888 and 0.9893, which are almost the same.
If this line breaks, the stop-loss orders will get smashed downward.
RSI is already 79.3—overbought.
The MACD bulls are still intact; the DIF 0.0285 is still pushing upward.
But the trading value is only 198 million, just 0.4 times the 20-day average volume—so the rally feels a bit shaky.
In the morning, it may probe 1.1332 to 1.1363; if volume can’t keep up, it’s likely to pull back—this is the biggest risk.
Only when it builds volume and stands above 1.1363 can it be considered truly confirmed. If it breaks through on low volume and nobody follows, it can still get knocked back.
I won’t chase this spike. I’ll wait for a pullback to the MA20—about 1.0487—to stabilize before entering. Stop-loss is placed below 0.9888. My target is 1.1363.
RSI is already at 77.1—overbought signals are right on your face. And the price is still at 69,335. In the past, it should have dumped already.
The hourly chart is even more extreme: 87.6. Worse than the daily.
The daily MACD is still bullish. MA5 66,165 and MA20 64,465 are trending upward. The trend hasn’t broken yet. Bias is still long, but the location isn’t good.
The upper Bollinger band at 67,942 is being stepped on. The price is floating above it, too far from the moving averages.
The key is volume. In the last 24 hours, turnover is 1.955 billion, and the volume ratio is 0.0. A surge on declining volume doesn’t look like fresh money rushing in—more like short-covering. Once the covering stops, the overbought market has to pay its debt.
I won’t chase longs—I’ll wait for a pullback.
Support is at 61,300. This is the level that’s been ground through repeatedly—once it breaks, it becomes a different story.
Resistance is at 70,000. The 24-hour high is here; when price reaches it the first time, there’s likely selling pressure.
My plan is to buy the dip around 66,200. This is near the MA5. Set the stop-loss at 64,200. If it breaks below the MA20, I can’t pretend otherwise. Take partial profits around 70,000. If it taps there, I’ll sell half first.
Volume hasn’t been replenished, so my position won’t be heavy.
For this trade, I’m betting that 66,200 can hold—using a 30% position size.
It’s not a wobbly Thursday today—it’s ETH going berserk, surging 17% while pulling BTC to test resistance.
BTC is at 69,264, hugging the 24-hour high at 70,000.
70,000 is a round-number level and also a spot where trapped holders can get out; shorts are defending it.
RSI at 68 hasn’t crossed into overbought, MACD has formed a golden cross, and MA5 is above MA20—bulls are not broken.
BTC’s trading volume of 1.911 billion is close to twice the recent average volume. Price is rising with volume, and the money really has come in.
ETH is at 2,251, with the 24-hour high at 2,334 overhead. RSI is 72—overbought.
ETH’s trading volume of 1.64 billion is less than BTC’s, yet the price increase is more than double BTC’s—looks like it was pushed by futures liquidations, so it’s not stable.
BTC with entries around 64,166 is up about 8% in floating profit, and will likely de-risk/reduce positions near 70,000.
ETH picked up around 1,906 is up about 18% floating profit, with heavier sell pressure.
2,100 is the dense cost-basis zone for ETH—only when it falls back there can the “tide” truly be considered to have gone out.
66,500 is the 0.618 retracement level of this leg up; if it breaks down, it will likely trigger take-profit clusters from floating-profit positions.
Bulls aren’t broken, and volume has increased too. The most likely move after the open is an initial push up; if it can’t break above 70,000, it will pull back to shake out the market.
I plan to wait for BTC to retrace to 67,800 to go long, set a stop loss at 66,500, and target 70,000. I’ll cut half when I reach the point.
If ETH is overbought, I admit defeat—I won’t chase.
Whether this is just emotion-driven or a real breakout—I haven’t fully figured it out yet.
The market at four in the morning is as silent as death—only this RE needle keeps stabbing upward. From 0.3878 it ran to 0.5447, and now it’s hanging around 0.5377, up 35%. The more it’s a time when nobody talks, the more you should ask: who is buying?
RSI 97.1. This isn’t strength—it’s scalding hot. MACD is still in a bullish arrangement, with DIF at 0.0322, but that’s the momentum from the prior push, not fresh vigor. MA5=0.5167, MA20=0.436. Price is about 4% above the short moving average and 23% above the long moving average. This kind of divergence is like a rubber band—pull it harder and the snapback will hurt more.
The real question is volume. 0.39 billion USDT—shrinking, with no new money coming in. In the early morning, the existing funds use low-priced orders to prop up the order book so it looks lively; but once the buy side pulls back, the price has no floor to hold. The thinner the liquidity, the easier it is to get stampeded. What I fear now isn’t a drop—it's that the earliest-positioned chips suddenly decide to run.
My own take: for the market to keep charging higher, it needs to gain by absorbing 0.5447 with increased volume. Any breakout without volume is just a bull trap. If it falls, first watch MA5 at 0.5167; if that level breaks, it will trigger short-term stop loss. Next target directly is the previous low at 0.3875. Then the range play is simple: grind between 0.5167 and 0.5447 until daybreak.
Here’s what I plan to do: during a pullback near 0.5167, I’ll take a light position. Place the stop-loss below 0.3875. When it rises to 0.5447, I’ll trim. I won’t chase. A violent spike at 4 a.m. is “the buyer who comes in during daytime”—I’m not responsible for that; you weigh it yourself.
At 2 a.m. I was glued to my charts. A few days ago I was still mocking ETH for not following BTC up and not breaking down—turns out this pump just slapped my mouth sideways. I’m fed up.
Now that BTC has taken a short breather, ETH is actually pushing higher. This relationship isn’t simple. When it’s strong, it doesn’t care about the big bag; when it’s weak, it drops with more honesty than anyone.
Watching RSI at 95.6, I honestly feel a bit panicky. Technically it’s overbought at this level—on the daily chart it should have pulled back already—but the 2 a.m. market isn’t a normal market. A rally with shrinking volume: shorts don’t dare to take the trade, and longs also don’t dare to chase.
But don’t ignore one thing: MA5 is now at 2,066. The price at 2,092 is sitting above the moving average, so short-term bulls still have the upper hand. It’s just that the Bollinger Band width is 13.8%, such a narrow window suddenly opening usually means a big move in the form of a single big candlestick—direction likely gets chosen within the next couple of days.
Am I bearish? No—slightly bullish, but cautious. Current support is 2,066 (around the MA5 area). If it falls back below 2,030, then this long position logic goes bad. Resistance is 2,115, at the prior high. Also, 2,108 has short-term sell pressure, and those two levels are very close together.
If BTC suddenly pumps overnight, ETH will likely follow, but probably not as crazily as before, because RSI is already stretched and the upside room on the short-term move is limited. If BTC gets dumped, ETH’s shrinking-volume state may prevent it from instantly crashing—but if it breaks below 2,030, then you have to admit defeat.
This is what I plan to do: buy a bit of longs in the 2,075–2,085 range, set the stop-loss at 2,025, and my first target is 2,115. These price levels are all within my personal acceptable tolerance—don’t treat this as trading advice.
Liquidity is too thin during the early-morning session. Don’t place orders too close to price; they can get swept, stop you out, and then turn around. In this kind of market, either don’t trade, or don’t watch it too closely.
Let the volume after daylight decide the direction.