The high and low for this period are 102.26 / 87.69, with a trading volume of 46 million USDT.
87.69 is the key support to watch right now. If it breaks, there’s no obvious support below. Above, 102.26 is resistance for this move. Until the price breaks above it on strong volume, treat any bounce as just a bounce.
Liquidity is thin during this time slot, so even small orders can move the price. Sudden wicks and manipulated candles are nothing unusual. If you do trade, use limit orders instead of chasing the market, and don’t set your stop-loss too tight.
Keeping some powder dry is better than anything else.
$ETH is now at 2,346, up 0.89% over the past 24 hours.
The high and low during this period were 2,358 / 2,297, with a trading volume of 475 million USDT.
2,297 is the key support to watch right now; if it breaks, there’s no clear support below. To the upside, 2,358 is resistance for this move. Until price breaks above it on strong volume, any bounce should be treated as just a bounce.
Liquidity is thin during this period, so small orders can easily move the price. Sudden wicks and price manipulation are nothing unusual. If you do trade, use limit orders rather than chasing the market, and don’t set your stop-loss too tight.
I came across an old saying, and suddenly it clicked with today’s market.
There’s a lesson in what Simons and the Medallion Fund teach: Simons never predicted the market; he just analyzed the data. An annualized return of 66% for thirty years came from countless tiny, repeatable edges. The problem with retail traders is that they’re always looking for the one answer that will make them ten times their money.
Take today’s $ETH , for example: currently at 2,351, up 1.30% over 24h. This kind of market action is a perfect illustration of the lesson above. It’s no coincidence—it’s human nature repeating itself in the charts.
Between knowing and doing lie several liquidations. Let’s talk about it tomorrow.
The high and low during this period are 80,705 / 79,506, with a trading volume of 1.017 billion USDT.
79,506 is the key support to watch right now; if it breaks, there are no clear support levels below. To the upside, 80,705 is resistance for this move. Until price breaks above it on strong volume, treat any bounce as just a bounce.
Liquidity is thin during this time slot, so small orders can easily move the price. Sharp wicks and fakeouts are nothing unusual. If you do trade, use limit orders rather than chasing with market orders, and don’t set your stop-loss too tight.
I came across an old saying and suddenly it clicked with today's market.
There's a lesson in *Antifragile*: Taleb distinguishes between the fragile, the robust, and the antifragile. A good trading system isn't one that never gets hit by the market, but one that becomes more resilient every time it does. Blowing up your account isn't the scary part—the scary part is learning nothing from it.
Take today's $ZEC as an example: it's at 1,288, up 2.84% in 24 hours. This kind of market action is a perfect illustration of the lesson above. It's no coincidence—it's human nature repeating itself on the charts.
The market won't go easy on you just because you understand the lesson. It's better to keep some powder dry.
I copied this passage into my notebook and revisit it every so often.
There’s a lesson here about trading fees: Have you ever calculated how much you’ve paid in fees over the course of a year? For many people, given how often they trade, fees are enough to wipe out all their profits. Trading less isn’t just about mindset—it’s a very real cost issue.
Take $ZEC today as an example: it’s now at 1,278, up 3.79% over 24 hours. This kind of market action is a perfect illustration of the point above. It’s no coincidence—it’s human nature repeating itself in the market.
Looking back, every stumble is already spelled out in this sentence. Wait for the signal, not the mood.
I went over today’s market action before bed. Honestly, there was quite a lot to take away from today.
BTC moved between 79,506 and 80,845 today, then closed at 80,045, up 0.45% on the day. The most important thing about this move isn’t the price change itself, but whether trading volume backed it up. Today’s volume was 1.096 billion USDT—not particularly active, to be honest, which suggests market sentiment is still fairly cautious.
ETH was slightly stronger, up 0.79% on the day and closing at 2,321, with a trading range of 2,297 to 2,345. It’s still clearly correlated with BTC; if BTC doesn’t move, it’s hard for ETH to make a move of its own.
The strongest performer today was $ZEC , up 3.29% on the day, with 159 million in trading volume. A move like this could mean funds positioned ahead of time, or it could simply be sentiment-driven speculation amplifying volatility.
The key signal today: whether BTC can break through a key level with increased volume will determine the direction from here. Tomorrow, I’ll be watching closely to see if BTC can hold the xxx level.
Up 0.31% for the day, closing at 80,139, with a high/low of 80,845 / 79,451. Trading volume was 116.3 million USDT, which counts as a pretty solid level of activity today.
What’s most worth noting today is that BTC is getting attention from capital. If it can hold above 80,139 tomorrow, the move may still have room to continue. But if tomorrow opens with a sharp drop right away, then today’s move is most likely just a short-term trade.
Beyond the market screen, let me talk about something I’ve been thinking about for a long time.
The essence of stop-loss includes a principle: A stop-loss is not admitting defeat; it is buying insurance. The small loss you pay is the price of staying in the market. Those who do not set a stop-loss are, in essence, betting their entire account on a single judgment.
Take today’s $ZEC as an example: now at 1,276, 24h +3.12%. This kind of market just confirms the point above. It’s not some coincidence; it’s human nature repeating itself on the chart.
We’ve all heard the reasoning. The hard part is whether you can actually do it when that moment really comes. This time, I’ll just watch and not make a move.
$ETH is currently at 2,316, down 0.73% over 24 hours.
The high and low for this period are 2,345 / 2,296, with a trading volume of 391 million USDT.
2,296 is the key support to watch right now; if it breaks, there’s no obvious support below. To the upside, 2,345 is resistance for this move. Until the price breaks above it on strong volume, any rebound should be treated as just a rebound.
Liquidity is thin during this period, so small orders can easily push prices around. Sharp wicks and sudden engineered moves are nothing unusual. If you do trade, use limit orders rather than chasing the market, and don’t set your stop-loss too tight.
ETH is trading at 739.72 this evening, down 0.16% over 24 hours.
Today's range was 734.09 to 747.47, with a trading volume of 77 million USDT. At this time of evening, ETH tends to follow BTC's lead. If BTC suddenly rallies, ETH will likely follow; conversely, if BTC takes a dive, ETH will have a hard time staying out of the fallout.
If you're thinking of making a move this evening, keep a close eye on the 734.09 support level. If it holds, you could consider a small position; if it breaks, wait for the next support level. The biggest risk is getting swept up in the evening's emotions and jumping in without thinking it through.
I copied this passage into my notebook and flip back to it every now and then.
There’s a lesson in *Margin of Safety*: Seth Klarman says risk isn’t volatility; it’s the possibility of permanent loss. The crypto market’s daily 30% swings aren’t risk—going to zero is. Once you understand the difference, short-term volatility won’t scare you into selling at the bottom.
Take today’s $ETH , for example: it’s now at 2,305, down 1.10% over the past 24 hours. This market action perfectly illustrates the point above. It’s no coincidence—it’s human nature repeating itself in the markets.
Looking back, every pitfall is spelled out in that sentence. Scale back your position first.
The market is about to close, and $NEAR is definitely worth talking about today.
It rose -2.24% throughout the day, with a trading volume of 0.87 billion USDT. It was one of the most active coins on the market today. The price surged from 4.3890 all the way to 4.6650, and is now pulling back to around 4.4500.
This kind of movement shows that funds have not left yet, but short-term profit-taking is also coming out. The key point to watch tomorrow is whether it can continue to expand volume around 4.4500. If volume does not keep up, it will likely retest lower; if volume continues to rise, then the upside room opens up.
Did you catch this move today? Are you still bullish on this coin tomorrow?
Some lessons only sink in after you’ve taken a loss.
《Poor Charlie’s Almanack》 talks about a principle: Munger’s latticework of mental models: Don’t use just one hammer to look at the world. The same goes for trading. Looking only at candlestick charts isn’t enough—you also need to watch sentiment, capital flows, and the macro picture. A single perspective is the easiest way to lose money.
Take today’s $ZEC as an example: it’s at 1,242 now, up 2.57% over 24 hours. This kind of market action is a perfect illustration of the principle above. It’s no coincidence—it’s human nature repeating itself in the charts.
It sounds simple, but it takes plenty of expensive lessons to put into practice. For now, I’ll just watch and stay out.
Here’s where the market stands this afternoon: ETH is around 99.56, down 1.46% over 24 hours.
The intraday range is 99.46 to 102.73, with a trading volume of 159 million USDT. Neither bulls nor bears are making any major moves right now; both sides are waiting for a signal.
If volume picks up this afternoon and price breaks above 102.73, it would suggest the bulls still have some fight left. On the other hand, if price retests 99.46 and fails to hold, this move may be coming to an end. For futures traders, the biggest mistake right now would be betting heavily on one direction—you could easily get wiped out by a sudden move.
Are you sitting on the sidelines this afternoon, or making a short-term trade?
When someone asks me how I read the market, this is what comes to mind.
There’s a lesson in The Illusion of a Bull Market: In a bull market, everyone looks like a stock-picking genius, because even buying with your eyes closed makes you money. You only see who’s truly skilled once the tide goes out. Whether you can hold on to your bull-market gains through a bear market—that’s your real track record.
Take $NEAR today as an example: it’s now at 4.4470, down 1.55% over the past 24 hours. This market action is a perfect illustration of the point above. It’s no coincidence; it’s human nature repeating itself in the market.
The more I think about it, the more I feel that in the end, trading isn’t about technical skill—it’s about temperament. First, I should trim my position a little.
Taking a quick look at the market over lunch. $QNT is showing solid momentum today, up +5.59% in the past 24 hours.
The current price is 201.98, with an intraday high of 223.96 and a low of 189.47. Trading volume is 37 million USDT. That kind of volume suggests this is more than just a minor move—there’s real money paying attention.
But I have to say this: chasing a price spike at midday can be costly. A lot of coins surge around noon, then start pulling back in the afternoon. If you’re bullish on it, instead of jumping in now, why not wait until the afternoon to see if it holds support?
At this point in the day, are you already in, or waiting for a pullback?
Not much to say today, so let’s talk about something else.
There’s a lesson in *Overconfidence*: Surveys show that 80% of drivers think their driving skills are above average. In trading, that percentage is even higher. The confidence that you can beat the market is itself what you should be paying the most for.
Take $ZEC today, for example: it’s now at 1,219, up 2.37% over 24 hours. This market action perfectly illustrates the point above. It’s no coincidence—it’s human nature playing out on the charts again.
Between knowing and doing lie several liquidations. Keeping some powder dry beats everything else.
I scanned the market this morning, and $SNDKB is looking interesting today, jumping +3.23%.
It’s now trading at 1,275, with an intraday high and low of 1,290 / 1,223. Trading volume is 31 million USDT, suggesting active buying rather than a bunch of retail traders rushing in blindly.
When a coin suddenly sees a surge in volume early in the day, it’s usually one of two things: either funds have caught wind of good news ahead of time, or a major player is testing the waters. Either way, the biggest mistake right now would be chasing the price blindly. It’s already risen quite a bit, so the risk of jumping in outweighs the potential reward.
If you’re already in, keep an eye on 1,223—if it breaks below that level, get out. If you haven’t entered yet, consider waiting for a pullback to a support level.
Some things you only understand after taking a loss.
The Psychology of Money makes a point: Housel says that luck and risk are two sides of the same coin. What you gained may have been down to luck; what you lost may have been down to risk. Don’t attribute both to yourself.
Take today’s $NEAR as an example: it’s now at 4.4660, down 2.60% over 24 hours. This market movement is a perfect illustration of the point above. It’s no coincidence—it’s human nature repeating itself in the markets.
It sounds simple, but it takes a lot of costly lessons to put into practice. When it’s time to wait, you have to wait.