We're nearing the close, and $ZEC is definitely worth discussing today.
It was up -9.21% for the day, with a trading volume of 183 million USDT, making it one of the most active coins on the market today. The price climbed from 1,120 all the way to 1,278, and has now pulled back to around 1,139.
This trend suggests that the money hasn't left yet, but short-term profit-taking is also underway. The key thing to watch tomorrow is whether volume continues to rise around 1,139. If volume doesn't pick up, it's likely to retest lower levels; if it keeps rising, there's room for further gains.
Did you catch this move today? Are you still bullish on this coin tomorrow?
There’s something I wrote down a long time ago that came back to me today.
There’s a lesson in moving from futures back to spot: The day I switched from futures back to spot, my sleep quality immediately improved. Leverage amplifies more than just gains—it also makes you more sensitive to every fluctuation. Some people simply aren’t suited to that kind of constant tension.
Take today’s $BTC , for example: it’s now at 76,656, down 1.92% over 24h. This market is a perfect illustration of the lesson above. It’s no coincidence—it’s human nature repeating itself in the markets.
Looking back, the reasons for every setback are all right there in this sentence. When it’s time to wait, you have to wait.
The afternoon session has reached this point: ETH is around 692.30, down 2.29% over the past 24 hours.
The intraday range is 691.72 to 711.65, with a trading volume of 76 million USDT. Neither bulls nor bears are making any major moves right now; both sides are waiting for a signal.
If trading volume picks up this afternoon and breaks through 711.65, it would suggest the bulls still have some fight left. On the other hand, if the price retests 691.72 and fails to hold, this rally may be coming to an end. For those trading futures, the biggest mistake right now would be betting heavily on a 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?
I just came across a passage and paused for a moment.
The anchoring effect teaches us this: Your cost basis means nothing to the market, but it firmly anchors your judgment. At the same price, people holding a losing position think it’s expensive, while people on the sidelines think it’s cheap. First, erase your cost basis from your mind.
Take today’s $BTC as an example: it’s now at 76,665, down 2.19% over 24h. This market action perfectly illustrates the point above. It’s no coincidence—it’s human nature repeating itself in the market.
Looking back, the reasons we stumbled were all laid out in this sentence. Wait for signals, not for how you feel.
Taking a quick look at the market over lunch. $ETH is showing fairly strong price action today, up -2.06% over 24h.
The current price is 2,258, with an intraday high of 2,305 and a low of 2,237. Trading volume is 466 million USDT. That kind of volume suggests this isn't just a minor move—there's definitely money watching it.
But I still have to say this: chasing a rally at midday comes at a cost. A lot of coins spike around noon, then start pulling back in the afternoon. If you're bullish on it, rather than jumping in now, why not wait to see if it holds up this afternoon?
At this midday level, are you already in, or are you waiting for a pullback?
I just came across a passage and sat there stunned for a moment.
《The Ghost of Wall Street》 makes a point: The Ghost’s first rule: A position must first prove itself right; otherwise, it should be cut. You don’t wait for it to prove itself wrong before you exit—you exit if it hasn’t proved itself right. Nine out of ten people get this sequence backwards.
Take today’s $BTC as an example: currently 76,924, down 2.03% over 24 hours. This kind of market action perfectly illustrates the point above. It’s no coincidence; it’s human nature repeating itself in the markets.
The market won’t go easy on you just because you understand the principles. Making a note of this—I'll compare it later.
I took a look around the market this morning, and $ETH is looking interesting today, moving -1.67%.
The price is now 2,259, with an intraday high and low of 2,318 / 2,237. Trading volume is 507 million USDT, which suggests buyers are actively stepping in—not just retail traders piling in blindly.
When a coin suddenly sees a spike in volume early in the morning, it’s usually one of two things: either money has picked up on good news ahead of time, or the big players are testing the waters. Either way, the biggest mistake right now is chasing blindly. It’s already moved so much that the risk of chasing outweighs the opportunity.
If you’re already in, keep an eye on 2,237—if it breaks below that level, make sure you get out. If you haven’t entered yet, consider waiting for a pullback to a support level.
I copied this passage into my notebook and revisit it every so often.
There’s a principle discussed in “The Meaning of Volatility”: Volatility is the source of the rewards the market pays you, and also how it takes your money away. If you want returns, you have to endure volatility. If you don’t want volatility, stay out. These are two sides of the same coin.
Take $BTC today as an example: it’s now at 77,105, down 1.30% over 24h. This market action is a perfect illustration of the principle above. It’s no coincidence—it’s human nature repeating itself in the markets.
Between knowing and doing lie several liquidations. Maybe I’ll talk about it tomorrow.
ETH is hovering around 92.54 in early trading, down 1.61% over 24 hours.
Last night's high and low were 95.95 / 90.87, with prices moving within the range overall. The key thing to watch this morning is whether 90.87 holds—if it breaks, there could be room to fall further; if it holds, we may see a small short-term rebound.
Trading volume is 176 million USDT, which isn't particularly high. This suggests traders are still sitting on the sidelines this morning, with no clear directional move. The worst thing to do right now is rush into a trade—wait for things to become clearer before making a move.
A quick look before the market opens. BTC is currently stuck at 76,908, down 1.21% over the past 24 hours, with the overall trend looking weak. ETH is hovering around 2,256, down 0.29% over the past 24 hours, and is also looking weak.
BTC traded between 76,705 and 78,878 overnight, making this a key level. If it can open with strong volume and hold around 78,878, short-term sentiment should improve considerably. On the other hand, if it drops below 76,705 right after the open, today will most likely be a choppy session.
ETH is more dependent on BTC's direction. If BTC doesn't pick a direction, it'll be hard for ETH to make a move on its own. Trading volume is 594 million USDT, which isn't particularly active, suggesting that everyone is waiting for a signal at the open.
I won't jump in right at the open today. I'll watch for half an hour first, then decide once the direction is clear. Logging this now to compare later.
I copied this passage into my notebook and reread it every so often.
The Cost of Beginner’s Luck makes one point: Making money as soon as you enter the market is the most dangerous thing. It makes you think this game is easy, then you keep increasing your position size to prove that illusion right. Beginner’s luck isn’t luck—it’s a bill paid in installments.
Take today’s $BTC as an example: currently 76,794, down 1.45% over 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.
Looking back, every stumble was foreshadowed in that sentence. Wait for the signal, not the mood.
The high and low during this period were 2,318 / 2,237, with a trading volume of 579 million USDT.
2,237 is the key support to watch right now; if it breaks, there are no clear bids below. Above, 2,318 is resistance for this move. Until the price breaks above it on increased volume, any rebound should be treated as just a rebound.
Liquidity is thin during this time, so small orders can easily push the price around. Wicks and price manipulation are nothing unusual. If you do trade, use limit orders instead of chasing with market orders, and don’t set your stop-loss too tight.
The market is what it is; there’s no point rushing.
$ETH is now trading at 2,259, down 0.23% over 24h.
The high and low during this period were 2,318 / 2,245, with a trading volume of 559 million USDT.
2,245 is the key support to watch right now. If it breaks, there are no obvious buyers below. To the upside, 2,318 is resistance for this move; until the 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 push prices around. Wicks and price manipulation 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.
There’s something I wrote down a long time ago, and it came to mind again today.
Hindsight bias teaches us an important lesson: After a market move is over, the candlesticks look crystal clear. But at the time, you couldn’t see the future from where you stood. Don’t punish your past self with hindsight, and don’t let hindsight convince you that you’ll get it right next time.
Take today’s $NEAR , for example: it’s now at 3.9790, down 7.96% over 24h. This market action is a perfect illustration of the point above. It’s no coincidence—it’s human nature repeating itself in the markets.
The more I think about it, the more I feel that in the end, trading isn’t about technical skills—it’s about mindset. It’s better to keep some powder dry than anything else.
$BTC is currently trading at 77,504, down 0.62% over 24h.
The high and low during this period are 78,878 / 77,298, with a trading volume of 821 million USDT.
77,298 is the key support to watch right now. If it breaks, there are no clear buying levels below. To the upside, 78,878 is the resistance for this move. Until the price breaks above it with strong volume, any rebound should be viewed as just a rebound.
Liquidity is thin during this session, so small orders can easily push prices around. Wicks and false breakouts are nothing unusual. If you do trade, use limit orders instead of chasing the market, and don't set your stop-loss too close.
I copied this passage into my notebook, and I flip back to it every now and then.
A principle from *The Road to Financial Freedom*: Van Tharp explains expectancy: win rate multiplied by profit, minus loss rate multiplied by loss. Many people still lose money with a 70% win rate, because they make a little on each win and lose a lot each time they lose. Math doesn't lie.
Take today's $NEAR as an example: it's at 4.0680 now, down 6.48% in 24 hours. This kind of market action perfectly illustrates the principle above. It's no coincidence; it's human nature repeating itself in the markets.
The market won't go easy on you just because you understand the principle. When it's time to wait, you have to wait.
I just came across a passage and paused for a moment.
It made a point about missing out: Every year, dozens of coins in crypto go up tenfold, and you're bound to miss out on most of them. Accept that, and you won't FOMO into buying the top every time.
Take $NEAR today as an example: it's at 4.0570 now, down 7.50% over 24h. This kind of market action is a perfect example of the point above. It's no coincidence—it's human nature playing out in the market again and again.
Looking back, all the places where people stumbled are spelled out in that sentence. When it's time to wait, you have to wait.
Before bed, I went over today's market action. Honestly, there was quite a bit to take away from today.
BTC fluctuated between 77,603 and 78,878 today, and closed at 77,930, down 0.14% for the day. The most noteworthy thing about this move isn't the price change itself, but whether trading volume kept up. Today's volume was 699 million USDT, which honestly isn't very active, suggesting market sentiment is still fairly cautious.
ETH was a little stronger, up 0.84% for the day and closing at 2,287, with a range of 2,248 to 2,318. Its correlation with BTC is still quite clear—it's hard for ETH to make an independent move when BTC is going nowhere.
The biggest mover today was $?,up ? for the day, with trading volume of ?. A move like this could mean either that funds positioned themselves early or that sentiment-driven speculation amplified the volatility.
The key signal today: whether BTC can break through key levels on rising volume will determine the direction from here. Tomorrow, I'll be watching closely to see whether BTC can hold the xxx level.
Down 0.34% on the day, closing at 77,712, with a high/low of 78,878 / 77,603. Trading volume was 670 million USDT, which is fairly solid for today.
The main thing to note today is that BTC is still absorbing selling pressure. If it finds support around 77,603 tomorrow, there may still be room for the move to continue. But if it gets dumped right after the market opens tomorrow, today’s rally was probably just a short-term trade.
Some lessons only sink in after you’ve taken a loss.
Here’s a lesson about the cooling-off period: Set a rule for yourself: whenever you feel an impulse to place an order, wait ten minutes first. If you still want to after ten minutes, go ahead. This one rule can save you from half your losses.
Take today’s $ETH as an example: currently 2,287, up 1.06% over 24 hours. This market action perfectly illustrates the lesson 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. Wait for the signal, not the mood.