Wait until that urge to act passes. By the time we finish for the day, it still hasn’t passed.
Dalio turns every failure into a principle. I learned from him too—after losing money, I keep a record of the reasons. When I flip back and look, the mistakes are utterly unoriginal. The things I wrote in the “reason” column, I’m almost able to recite them by heart. When it’s time to cut losses, I hold on with stubbornness; when I should stay steady, my hands shake. With the same mistake, I repeat it again—using a different coin. It’s not a technical problem. It’s a human problem.
Today, $TUT is up 174.66%, with trading volume of 225 million U. I watched it all afternoon—I couldn’t stay still; the urge to act was driving me crazy. At the price 0.152850, what I wrote down wasn’t the level—it was the urge itself.
Today’s diary adds one more line: I held back and didn’t chase.
The weekend order book: the worst isn’t a drop—it’s when nobody’s playing. RSI for BTC in one hour smashed down to 21.5—definitely oversold. But the volume ratio is 0.0, shrinking like it’s halted for suspension. With oversold like this, no one steps in—any rebound is likely fake.
MACD is still in the bearish zone. The MA5 is stuck to the MA20, like two ropes that haven’t been pulled straight. The Bollinger Band width is squeezed down to 0.8%, with price pinned near the midline. Upper band: 65,197; lower band: 64,693. This kind of pinched squeeze is designed to burst with volume to pick a direction.
On the four-hour chart, RSI is 66.9, looking relatively strong—but MACD remains bearish. On the fifteen-minute chart, RSI is 54.9, and neither bulls nor bears has enough conviction. When larger and smaller timeframes clash, I only trust volume and price. A slow grind down on shrinking volume means the bulls haven’t come to buy the dip, and the bears haven’t really gone hard either.
Below, 64,676 is the first support. If it breaks, the next level is 64,525, where the previous-lows cluster densely. Above, 65,338 to 65,391 is where two prior highs cap the price. If the market rebounds up there, it will most likely get pushed back down.
I’m mainly looking for a short. The plan is to wait for price to test around 65,338 and then enter a short, with a stop-loss at 65,450. The first target is 64,600 to take half off; the rest depends on whether 64,525 can break.
At this point, position sizing matters more than direction. Keep 30% of the position—don’t go all-in with one shot.
I thought we’d just “play dead” again on Sunday afternoon, but BNB rose 1.46%—jumping back from 593.74 to 603.55.
The contract market mood has improved for longs; they’ve caught their breath, but it’s not exactly euphoric.
Let’s put the worst-case scenario first: if 603.55 is a false breakout, the volume can’t hold it. Price would then need to go find support at 585.32—that’s the first consolidation/support level below.
MACD momentum is still slightly bearish: DIF is only 1.7267, and the shorts haven’t fully exited. RSI is 46.7, weak—doesn’t look like a one-way breakout. MA5 and MA20 are stuck together at 602.18/602.13, only about five cents apart, with price trading above them. But direction hasn’t been chosen; what it lacks is volume.
The Bollinger Band is leaning upward, and the bandwidth is down to just 3.4%—this narrow gap will eventually get pierced. Trading value is only 0.63B USDT, severely reduced volume; when prices are pushed up, nobody follows.
Unless it stands above 607.42 on increased volume, I won’t chase. I plan to pull back to around 596 to go long; if it breaks below 588.71, I’ll admit I was wrong. The first target is 607.42; after that, I’ll wait with the remaining half position for 612. If the funding rate is too high, I won’t stubbornly hold longs.
I might also be wrong—because 612 is the 24-hour high, and the shorts haven’t backed down.
Most likely in the afternoon it’ll grind between 603 and 607, waiting for volume/energy to speak.
Chasing a long on shrinking volume is basically handing the main force their trading fees.
Bollinger Band width narrows to 2.9% in a 4-hour chart—does this tight squeeze mean a big surge, or a dull grind to a killing?
Current price is 64,800, hovering just above the middle Bollinger Band. Upper band: 65,707; lower band: 63,828. It’s not far from a potential breakout/reversal point.
RSI is 60.5—slightly strong but not overbought. MACD is bearish; the 4-hour chart hasn’t done well. Volume ratio is 0.6—low-volume pullbacks suggest selling pressure isn’t heavy.
MA5 at 64,977 is capping price. MA20 at 64,767 and MA50 at 64,010 are below and acting as support. Price is squeezed between MA5 and MA20, and the moving averages are in a bullish alignment.
Others are focused on the bearish MACD and calling for a drop. But with low volume plus RSI at 60.5, it indicates the bears aren’t really exerting force. Indicators conflict—I trust price and volume.
Resistance: 65,391, which is the 24-hour high and the first hurdle above. Support: 62,275–62,300, a prior dense trading zone. If it falls into that area and the range breaks, that’s a key risk point.
My plan: a light-position long on a pullback to 64,100. Stop-loss at 63,500. Target at 65,213, and if it clears that, then watch for a move above 65,391.
This is just me talking to myself—if you follow and lose money, don’t come find me.
A tight range with heavy positioning is basically handing out money.
I originally wanted to take half a day off on Sunday and not watch the charts.
But then I spotted this line from $TUT , and I ended up sitting back down.
$TUT is now at 0.144240, up 276.90% in 24 hours.
Trading volume: 105 million USDT. The price feels like it’s been nailed in place.
There’s a quote from Paul Tudor Jones I’ve remembered for years:
Every day you wake up, assume every position you hold is wrong. Defend first, attack second.
The kind of people who can survive in the market for thirty years aren’t thinking about how to get rich overnight—they’re thinking about how not to die.
When I look at the chart today, all that’s left in my head is this line.
It’s not about saying where it’s going next.
In the face of this kind of explosive surge, people are the most likely to forget defense.
Once you enter, your mind fills with attack—you forget to first ask yourself: what if you’re wrong?
If you’re afraid to die, can you really live in the market for thirty years?
Someone in the group said, “$SOL is up 3.06% to 75.89, and 76.8 is the top.” I don’t agree, but I’m also not rushing in right now.
MACD is bearish, yet the DIF is pressing against 0.5061. RSI is 64.9—still some distance from overbought.
I trust volume and price. Trading volume is 104 million—only 0.2 times the 20-day average. With this kind of volume, pushing through 76.81 would be a fake breakout.
The 24h low is 73.68, the high is 76.81, and now 75.89 is in the middle. MA5 is capping at 76.05, MA20 is supporting at 75.68. The Bollinger Bands are tilted slightly upward, with a bandwidth of 5.6%. 72.43/72.49 was the recent dense zone—only if it breaks would I consider going bearish. The bias is slightly bullish, but we need to wait for a pullback.
I won’t chase. On a pullback to 75.7, I’ll take a small long position. Stop loss at 75.2—if it breaks, I’ll leave. Trim at 76.8; the rest will depend on whether the volume can hold.
Tomorrow, place a buy limit at 72.4, with a stop loss at 71.9.
Today isn’t a “spike then fade” script—it's 4 a.m., and TUT is still climbing.
On the gainers list is TUT in first place. Its current price is 0.078970, and over the past 24 hours it surged 111%. But this isn’t FOMO—funds are doing real work in the middle of the night.
RSI is 87.8, stuck in the overbought zone. MACD is bullish: DIF = 0.0109, and momentum is still there. MA5 = 0.078112 is capping/pressing the price, while MA20 = 0.059278 suggests the short-term trend is still bullish. The only issue is volume—only 0.5 billion USDT, with average volume at 0.0x; there’s no expansion in volume. This is a game among existing liquidity, not fresh inflow.
At 4 a.m. liquidity is low and the order book is thin. Pumping costs less, and dumping is also easier. At this point, TUT is still holding its ground at high levels; the real key will be whether there’s follow-through tomorrow morning. If volume can’t be brought out, a stall at high levels is the sign of a short-lived move.
Check resistance: the first level is 0.08462, the prior high. The first time it surged here, it didn’t break through. To break it, you need volume to match—touching it on low volume is just a fake breakout. The second level is 0.08372, forming a dense zone with the first level; for short-term positions, I’ll reduce exposure in this area.
Check support: 0.02411 and 0.02419. They’re too close together, meaning the downside is a “vacuum zone.” If the trend reverses, once it starts falling there won’t be much cushioning—look for a bottoming attempt below 0.02.
I’m confident enough to look long on this, but I only trade the one trade after a confirmed breakout. Wait until price holds above 0.08462. If it pulls back without breaking, then go long. Enter at 0.085, stop loss below 0.02411—this stop is a bit wide, so position size must be light, within my risk tolerance.
Chasing now is like risking your life to catch a falling knife. Wait for the breakout with matching volume. If the signal doesn’t arrive, don’t make the move.