Someone says XRP today can break through 1.1. With a volume of 370 million USDT, which is only 0.8 times the 20-day average—what can push it up?
Current price is 1.0815, up 1.88%, but stuck just below MA5 at 1.0844. MA20 is at 1.0820. The two lines are sticking together, entwined all night.
RSI 51.1 isn’t weak. MACD is bearish, and DIF is only 0.0036. The Bollinger Bands are squeezing, bandwidth 3.6%, with price pinned near the upper edge of the mid-band. With this setup, the force pushing downward is stronger.
1.0933 is the 24-hour high and also the previous high—solid resistance. Below that, 1.0515 and 1.0473 are a dense volume zone; only if it drops there will it feel solid. My plan is to short around 1.09, stop loss at 1.0960, target 1.0515.
If volume breaks above 1.0933, I’ll admit I’m wrong and leave—no short position will be held. Maybe I misread it, but chasing longs from this spot doesn’t seem worth it.
The only thing I can’t figure out is where all the volume went.
BTC 63,415,ETH 1,882,both are lying above their moving averages, but none of them dares to touch today’s high.
BTC’s key level is 63,400. In the last 24 hours, the rally from the high to the low was only 1,000 dollars—there’s less and less room. Bulls and bears are almost about to break out of their tight squeeze. RSI 58 isn’t overbought, MACD’s red histogram is shrinking, and MA5 is still pressing above MA20. The bullish signals are indeed a bit stronger. But as long as the high at 63,796 hasn’t been broken, it’s all just ranging.
Volume is 528 million, slightly more active than usual. It was mainly during the dip around 6:00 this morning to 62,807, when volume spiked. It dropped and then pulled back—showing that at around 62,800, someone is aggressively absorbing. The real levels to watch are 63,800. If that breaks, the previous high at 64,500 lies above—that’s where the bears’ true defense starts.
ETH is tougher than BTC today. It’s up 1.86%. RSI 62 is riding along the upper Bollinger band—looks strong. But 1,898 still can’t be passed; it’s been stuck for two days. 1,844 is the lower edge of this week’s dense trading zone. If it breaks down, long liquidation stop-losses would trigger in sequence, and that selloff won’t be small.
This is what I’m planning to do: For BTC, wait for a pullback to 62,800 and go long, stop-loss at 62,500. First target: 63,800. Once it reaches there, I’ll cut half and keep the rest aimed at 64,500.
For ETH, enter around 1,855, stop-loss at 1,838, target 1,900. These levels are formed by previous highs/lows and the moving-average cluster—work it out and you’ll know whether they make sense.
Last time, I chased long at 63,000 and got stopped by a wick down to 62,750, and then I watched it pull back up to 64,000.
1,870 One wall was being chewed through, one piece at a time. $ETH is pushed to 1,887, up 2.39% over 24 hours. The sky is almost dawn—I stared at the charts all night.
In this kind of market, last night felt like a pullback continuation during a decline. Today it feels like a bottom. But patterns never lie. A bottom and a continuation look the same.
What distinguishes them is time and volume. A bottom needs to grind. When it tightens to the point that nobody’s watching, and it can’t keep falling—that’s called a bottom. As for a continuation, rebounds are sharp and fast. The bigger the volume looks, the more it resembles a bottom reversal. In reality, it’s all trapped-position capital moving around.
Right now, this 210 million isn’t more, isn’t less. If you call it a bottom, there’s no contraction in volume. If you call it a continuation, there’s no expansion in volume. It’s just an in-between state. Back then, what looked like a bottom later turned into a pullback continuation. Back then, what looked like a continuation held on for three months and became a bottom.
The recent high and low are 0.192200 / 0.172200, with trading volume of 0.44 billion USDT.
0.172200 is the key support to watch right now. If it breaks, there won’t be any obvious place for buyers to step in. On the upside, 0.192200 is the resistance level for this round. Unless it can stand above with volume, any rebound can only be treated as a rebound.
Liquidity is relatively thin during this period, so price can be pushed around easily by small orders—wick spikes and “painting the order book” aren’t unusual. If you really plan to act, don’t chase the market price when placing limit orders, and don’t set your stop-loss too tightly.
The market is what it is—there’s no point in rushing.
If you got stopped out on a long at 1,850 yesterday, you should already be sitting on some floating profit by now. But with this overnight price action, even the profits don’t feel reassuring.
ETH is currently at 1,869. It looks like it’s moving in line with BTC, but in reality it’s softer than BTC. The moment BTC takes a bit of a breather, ETH quickly lowers its head. At around 2:00 a.m., liquidity is as thin as paper: about 257 million USDT in成交, and the volume is nowhere near even a fraction of the 20-day average.
The MA5 and MA20 are stuck together around 1,863 and 1,865. Price is riding along above the moving averages, but direction hasn’t been chosen. RSI is only 39, so the rebound lacks strength. MACD is arranged bullishly, but the DIF is at -0.3665, and it could turn bearish at any moment. The Bollinger Bands have tightened a lot, with bandwidth at 2.4%. Once the market picks up volume in the pre-dawn hours, it will be easy to punch through either up or down.
The key is still BTC. If BTC suddenly freaks out and drops overnight, first support for ETH is around 1,833; if that breaks, then 1,822. One is the prior low, and the other is the bottom edge of a dense trading zone. If it falls through those levels, I don’t dare guess how bad it could get.
On the other hand, if BTC abruptly rallies upward, resistance on ETH’s upside—1,884 and 1,882—overlap. If you bounce into that area, chances are you’ll need to catch your breath; it’s not a level you can blow through in one go.
My own plan is: if it breaks below 1,830 and a five-minute candle can’t reclaim it, I’ll admit I’m wrong and exit—no daydreaming about catching the bottom. If price moves up, around 1,882 I’ll cut my position by half; the rest will depend on whether it can reach 1,900.
Also, don’t use market orders for orders placed in the early morning. Slippage can cost you half a point. Limit orders placed near whole-number levels are much more comfortable than chasing in the order book.
One more time: this is just my personal log of what I did while staring at the charts late at night. It has nothing to do with investment advice.
The recent high and low points are 63,634 / 62,275, with a trading volume of 529 million USDT。
62,275 is the support that needs to be watched right now. If it breaks below, there isn’t an obvious place for buyers to step in. On the upside, 63,634 is the resistance for this round. Until it can stand above that level on increased volume, any rebound should only be treated as a rebound.
During this period, liquidity is relatively thin, so the price can easily be pushed around by small orders—wicks and “buy/sell walls” aren’t unusual. If you really plan to take action, don’t chase the market price with limit orders, and don’t set your stop-loss too close.
The deals where you lose the most are never the ones you misread.
They’re the ones you misread—and still refuse to admit it.
Livermore’s quote hits hard: most traders lose money simply because they’re unwilling to admit they’re wrong.
It’s not the market that’s too bad—it’s your hands that are too stubborn.
Tonight, $ERA is right in front of you: 0.065500, down 3.96% over the past 24 hours, with $109 million USDT in volume. Down is down—there’s nothing to argue.
But those holding it are still waiting.
Stop-loss is like getting a tooth pulled. The longer you delay, the more it hurts. Admitting you’re wrong on the spot feels awful, but that moment will pass. If you won’t admit it, the market will charge you tuition again and again in different ways.
Admitting you’re wrong is more important than being right.
My cat just stepped on the keyboard and typed a string of gibberish. I took a look: ERA 0.0652, down 4.12%.
Over the past 24 hours it has been drifting downward all the way from 0.0692 to 0.0641; volume was 109 million, clearly shrinking. With shrinking volume and drifting lower, there aren’t many sellers, and nobody is stepping in to buy.
RSI is 35—still a ways from oversold; the bears haven’t fully left. The MACD histogram is in a bearish alignment: DIF is -0.0006, hovering just below the zero line. Price is under MA5 (0.06554) and MA20 (0.06683); rebounds can’t get above the moving averages.
What really matters is 0.0641. Today it dipped to 0.0641; it hasn’t broken yet, and both bulls and bears are betting on this level. Bulls treat it as the support line, while bears are waiting for it to break so they can chase lower. But this is a bottom ground out on shrinking volume—not a bottom picked up by fresh buyers. If it breaks, below that is basically a vacuum zone, and stop-loss orders will help slam the sell-off.
Resistance overhead at 0.0716 and 0.0735: today it tried to push up to 0.0692 and got slammed back down; upside room is limited.
Tomorrow I won’t chase the shorts. Wait until the retracement can’t get above 0.0668; then try a short. Set the stop loss above 0.0692, and the initial target is 0.0641—scale out first. If it breaks directly below 0.0641, I won’t catch it; I’ll let the “bullets” fly for a bit.
The only thing that makes me hesitate is that the Sunday night session liquidity is too poor—there’s a high chance of needle-like spikes. Position size matters more than direction. Don’t go all-in at once.
This morning I flipped through some pages and saw a sentence that left me staring at my screen for a while.
“Liquidity decides everything” explains a principle: in the crypto market, most of the rise and fall is about liquidity. When macro policy loosens and pumps in money, even junk coins can fly; when it tightens, even strong fundamentals can’t hold up. Before you look at the charts, check the faucet.
Take today’s $EUL as an example: it’s currently 1.4700, up +5.83% in the last 24 hours. This kind of market action perfectly confirms the idea 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 the end, trading isn’t about technique—it’s about mindset.
The recent high and low in this period are 0.189600 / 0.169700, with trading volume of 0.35B USDT。
0.169700 is the key support to watch right now. If it breaks below, there won’t be any clear place for buyers to step in. On the upside, 0.189600 is the resistance for this round. Unless it can stand above it with strong volume, any rebound should only be treated as a temporary bounce.
Liquidity in this time window is thin, so the price can be pushed around easily by small orders; wicks/spikes and “painting the door” are not unusual. If you really decide to act, don’t chase the market price with limit orders—also don’t set your stop-loss too tightly.
ETH is currently at 1.0812 this evening, up +1.71% over the past 24h.
Today’s full-range trading was from 1.0473 to 1.0859, with trading volume of 0.37B USDT. During this evening time window, ETH is most likely to follow BTC’s rhythm. If BTC suddenly pumps, ETH will most likely catch a move as well; conversely, if BTC dips, it’s also hard for ETH to stay out of it.
If you want to take action this evening, it’s recommended to keep an eye on the 1.0473 support level. If it holds, you can consider trying a small position. If it breaks, wait for the next support.
What’s most worrying is getting carried away emotionally at night—if you haven’t thought it through, don’t rush in.
This morning I flipped through a book and saw a sentence that made me stare at my screen for a while.
In an observation by Ed Scota, there’s a lesson: Scota says that everyone in the market gets exactly what they truly want. Those who want excitement get it, and those who want to prove themselves end up getting a lesson instead. Ask yourself what you really want when you enter the trade—the answer may not be money.
Take today’s $EUL as an example: now it’s 1.4810, 24h +13.14%. This kind of market action perfectly confirms the idea 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 the end, what trading comes down to isn’t technique—it’s mindset. Having a bit more “ammunition” matters more than anything.
The market is close to the close. Today, $BTC is definitely worth discussing.
Up all day by +0.19%, with trading volume of 526 million USDT—one of the most active coins on today’s board. The price rose from 62,275 all the way to 63,634, and then has pulled back to around 63,234.
This kind of movement suggests that the capital hasn’t left yet, but short-term profit-taking is also coming out. The most important thing to watch tomorrow is whether it can continue to increase volume around 63,234. If the volume can’t keep up, it will most likely dip back a bit; if it continues to surge with volume, then the upside space opens up.
Did you catch this move today? What do you think of this coin tomorrow?
This morning I flipped through a book and saw a sentence that made me stare at my screen for quite a while.
In Munger’s counterthinking, there’s a principle: Munger said that when you think in the opposite direction, you always end up thinking in the opposite direction. Everyone is discussing how to get rich in the crypto market—you should ask instead, how can you avoid losing everything in the crypto market. First seek to avoid defeat, then seek victory.
Take today’s $MIRA as an example: it’s currently at 0.041400, with a 24h change of -3.50%. This kind of chart movement perfectly confirms the idea above. It’s not a coincidence—it’s human nature repeating itself in the market.
The more I think about it, the more it feels that in the end, what trading comes down to isn’t technique, it’s temperament. Write it down, then look back for comparison.