There’s a saying I’ve remembered for a long time, and today I thought of it again.
It’s about a principle mentioned when shutting down a trading app: The time you spend watching the market and your returns are often negatively correlated. The more you watch, the more you act, and the more wear and tear you suffer. Sometimes the best move is to just turn off the app and do something else.
Take today’s $ETH as an example: right now it’s 2,543, 24h -2.89%. This kind of market action neatly confirms the principle above. It’s not a coincidence—it's human nature repeating itself in the chart.
You’ve heard the principles. What’s hard is whether you can actually do it when the moment comes. Wait for the signal, not your mood.
Before bed, I went through today’s market chart once. To be honest, today’s move had quite a lot of information.
BTC today ranged between 76,883 and 78,850, and finally closed at 77,367, down 2.39% for the day. What’s most worth watching in this move isn’t the up or down itself, but whether the trading volume kept up. Today’s volume was 1.054 billion USDT—honestly not very active—which suggests market sentiment is still fairly cautious.
ETH is a bit weaker, down 3.03% for the day, closing at 2,545. Its trading range was 2,506 to 2,617. The correlation with BTC is still very obvious; if BTC doesn’t move, it’s hard for ETH to run independently.
The strongest performer today is $?; it’s up ? for the day, with volume of ?. This kind of move usually means either capital is positioned in advance, or sentiment-driven competition is amplifying volatility.
The most important signal today: whether BTC can increase volume at key levels will determine the next direction. Tomorrow I’ll focus on whether BTC’s xxx level can be held.
Up 1.63% for the day, closing at 2,541, with a high/low of 2,666 / 2,490. Trading volume was 1.288 billion USDT—today’s volume is quite sincere.
The most important thing to remember today is that there’s money keeping an eye on ETH. If tomorrow it can hold above 2,541, the market may still have room to continue. But if tomorrow’s open directly dumps lower, then today’s move was most likely just a short-term trade.
The market is what it is—there’s no point in panicking.
Read an old saying, and suddenly it clicked with today’s chart.
The sunk cost fallacy explains a principle: money you’ve already lost has nothing to do with whether you should still hold this coin now. But the brain doesn’t think that way. Before you consider adding more to average down, ask yourself: If I’m flat with no position right now, would I still buy it?
Take today’s $ETH as an example: right now it’s 2,534, 24h +1.61%. This kind of market action perfectly confirms the principle above. It’s not a coincidence—it’s human nature repeating itself in the market.
Between knowing and doing, there are several wipeouts.
The market is what it is—there’s no use panicking.
The recent high and low in this period are 0.000004 / 0.000003, with trading volume of 0.33 billion USDT.
0.000003 is the support that should be watched right now. If it breaks below, there’s no clear spot for buyers to step in. Above it, 0.000004 is the resistance for this round. Until it builds volume and stands above it, any bounce can only be treated as a rebound.
Liquidity in this time window is rather thin, so the price can easily be pushed around by small orders—wicks and “painting the door” (fakeout moves) 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 tight.
ETH is currently at 0.208700 in the evening now, up +3.73% in the past 24 hours.
Today’s full-day range is 0.200400 to 0.216300, with trading volume of 0.43B USDT. In this evening time period, ETH is most likely to follow BTC’s rhythm. If Bitcoin suddenly pumps, ETH will likely catch a wave too; conversely, if Bitcoin dumps, ETH will be hard to stay independent.
If you want to take action in the evening, it’s recommended to watch the support level at 0.200400. If it holds, you can consider trying a small position; if it breaks, then wait for the next support. What’s most feared is getting emotionally carried away late at night—jumping in without thinking it through.
There’s not much to say today, so let’s talk about something else.
In 《Trading Psychology Analysis》, it mentions a principle: Mark Douglas advocates using probabilistic thinking for trading—one trade’s outcome doesn’t matter; what matters is the expected value after one hundred trades. Accept that any single trade might result in a loss, and only then can you pull the trigger.
Take $ETH for example: right now, it’s 2,532, with 24h up +2.71%. This kind of chart action perfectly illustrates the point 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 like: in the end, trading isn’t about comparing techniques—it’s about temperament.
The market is almost closed, and today $ETH is definitely worth discussing.
The whole day is up +2.54%, with trading volume of 1.536 billion USDT—one of the most active coins on today’s chart. The price surged from 2,434 all the way to 2,666, and has since pulled back to around 2,536.
This kind of move suggests that the capital hasn’t left yet, but short-term profit-takers are also starting to sell. The most important thing to watch tomorrow is whether it can continue to increase volume around 2,536. If the volume can’t keep up, chances are it will pull back a bit; if it keeps expanding in volume, then the upside space will open up.
Did you catch this wave today? Do you still like this coin tomorrow?
There’s a saying I’ve remembered for a long time, and I thought of it again today.
When it comes to extreme market conditions, there’s a principle: in extreme行情, all technical analysis becomes ineffective—only position management still works. That’s why the rule that usually seems the least useful can save your life in critical moments.
Take today’s $ETH as an example: right now at 2,529, the 24h change is +2.21%. This kind of market action perfectly confirms the principle above. It’s not coincidence—it’s the repetition of human nature in the market.
Looking back, the places where you stumble are all written in this sentence.
By this point in the afternoon session, ETH is hovering around 731.76, up +2.31% in the past 24 hours.
The intraday range is 706.50 to 741.61, with trading volume of 125 million USDT. Right now, neither the bulls nor the bears are making any big moves—they’re both waiting for a signal.
If in the afternoon price can break through 741.61 with increased volume, it would suggest the bulls still have some ideas. Conversely, if it pulls back to 706.50 and can’t hold, then this move may be nearing its end.
For those trading contracts, the biggest taboo at this time is going all-in and betting on a direction—it’s easy to be taken out by a single candlestick.
In the afternoon, will you stay in cash and watch, or take a quick trade?
I copied this paragraph into my notebook, and every so often I translate it again.
There’s a principle mentioned in “heartbeats”: There’s a crude way to judge whether a position is suitable—after you open the trade, see whether your heartbeat speeds up. If it does, reduce your position, until your heartbeat returns to normal. The body is more honest than the brain.
Take today’s $ETH as an example: right now it’s 2,512, with 24h +1.75%. This kind of market action perfectly confirms the principle above. It’s not a coincidence—it's human nature repeating itself in the market.
The market won’t hold back just because you understand the reasoning. We’ll talk about it tomorrow.
Quick glance at the plate during lunch time. $ZEC Today’s trend is quite strong—up +5.27% in 24h.
Current price is 1,141, with intraday high at 1,218 and low at 1,081, and trading volume of 429 million USDT. This volume isn’t just small talk; there really is capital paying attention to it.
But I still have to say this: chasing higher prices at lunchtime comes with a price. A lot of coins pump for a bit at noon, and then start to pull back in the afternoon. If you’re bullish on it, instead of rushing in now, it’s better to wait for the afternoon to confirm support.
At this lunchtime level, are you already on board, or are you waiting for a pullback?
Someone asked me what I think about market charts, and the line I thought of is this.
In the small-sample trap, there’s a lesson: if you keep getting three correct in a row, you start to think you’ve found the Holy Grail—this is the most dangerous moment. Three times is noise, not a signal. If a strategy hasn’t run more than a hundred times, you don’t know whether it actually works.
Take today’s $ETH as an example: right now it’s 2,513, 24h +2.67%. This kind of market action just happens to confirm the lesson above. It’s not coincidence—it’s the repetition of human nature in the charts.
The market won’t hold back just because you understand the principles. When you have to wait, you have to wait.
I swept through the early session, and wow—this coin is kind of interesting. It straight up surged by +9.99%.
Right now the price is 0.125220, with an intraday high/low of 0.161000 / 0.113000. Trading volume is 103 million USDT, which indicates that capital is actively buying—not just retail randomly pushing.
For coins that suddenly spike in volume in the early session, the two most common scenarios are: either favorable news was sniffed out by the money ahead of time, or the main players are testing the market. No matter which it is, the biggest risk at this moment is chasing blindly. It has already gone up so much—going in now carries more risk than opportunity.
If you’re already in, keep an eye on 0.113000. If it breaks, you should exit. If you haven’t entered yet, I suggest waiting for a pullback to a support area before considering it.
I came across an old saying and suddenly it matched what was happening in today’s market.
In *Influence*, there’s a principle: Cialdini talks about two switches—social proof (following the crowd) and scarcity. The people who shout buy signals love to use them: “Everyone is buying, and this is the last chance.” Once you realize you’ve been pushed by those switches, your impulsiveness is reduced by half.
Take today’s $ETH as an example: it’s currently 2,511, with a 24h gain of +2.21%. This kind of market action perfectly confirms the principle above. It’s not a coincidence—it's human nature repeating itself in the chart.
Looking back, the places where I stumbled are all written in that line.
ETH early session is currently hovering around 102.21, up 3.44% in the last 24 hours.
Last night’s high/low was 105.80 / 98.00, and overall it has been ranging within that band. The most important early-session focus is whether it can hold the 98.00 level—if it breaks, downside room will open up; if it holds, you may see a small rebound in the short term.
Trading volume is 327 million USDT. The volume isn’t that big, which suggests early-session funds are still watching and haven’t made a clear directional choice. At times like this, the worst thing is to act too quickly—watch first, then enter.
Glance at it before the open. BTC is currently stuck at 77,150, up 0.41% in the past 24 hours, and the overall bias is bullish. ETH is around 2,511, up 2.69% in the past 24 hours as well, also bullish.
The range BTC traded overnight was 76,047 to 79,890—this level is quite key. If, at the open, it can break out with volume and hold around 79,890, short-term sentiment will improve a lot; conversely, if it dumps right under 76,047 at the open, then today will most likely be a choppy, range-bound day.
On the ETH side, I’m more watching BTC’s face. If BTC doesn’t give direction, ETH is hard to move independently. Trading volume is 1.626 billion USDT—not very active—which suggests everyone is waiting for the signal at the open.
Today I won’t act as soon as the market opens. I’ll first watch for half an hour to confirm the direction, then decide. For now, I’ll just observe—no action.
Reading an old saying, suddenly it matched today’s market.
In the section on honesty, there’s a lesson: Record the true reasons for every trade—including the ones you can’t say out loud—because you’re bored, because you’re not convinced, because you see others profit. The act of recording honestly itself has a therapeutic effect.
Take today’s $ETH as an example: the current 2,536, 24h +3.00%. This kind of market action just happens to confirm the principle above. It isn’t coincidence; it’s human nature repeating itself in the chart.
The more you think about it, the more you feel: in the end, what you’re competing on in trading isn’t technique—it’s temperament.
The high and low points during this period are 1.7900 / 1.3693, with trading volume of 0.38 billion USDT.
1.3693 is the key support to watch right now. If it breaks below, there won’t be any clear buyer support below it. On the upside, 1.7900 is the resistance of this wave. Until it breaks above and holds with volume, any rebound can only be treated as a rebound.
In this time window, liquidity is relatively thin, so price can easily be pushed around by small orders—wick spikes and “painted ceilings” are not uncommon. If you really want to act, don’t chase the market price; place limit orders. Also, don’t set your stop-loss too tight.
The high and low points during this period are 2,666 / 2,434, with trading volume of 1.543 billion USDT.
2,434 is the key support to watch right now. If it breaks below, there won’t be a clearly visible place for buyers to step in. Up at 2,666 is the resistance for this leg. Unless it breaks above with volume, any rebound should be viewed only as a bounce.
Liquidity during this time window is relatively thin, so the price can be pushed around by small orders. That’s why wick spikes and sweep-type moves aren’t unusual. If you really want to act, don’t chase the market price with limit orders—set limits instead, and don’t place your stop-loss too tight.