At 4 a.m., a single bullish candle in BCH split open the weekend market action. +29% isn’t small change, but the trading volume was only 0.57 billion USDT—this kind of move with this kind of volume tells me to stay calm.
RSI is 73.8, overbought. MACD is still in the bullish zone; DIF is 16.83, which suggests the momentum hasn’t fully played out. But overbought conditions aren’t something to ignore—historically, pullbacks from this level can also happen fast.
MA5 is 289.84, MA20 is 263.12, and the price is 283.80. It’s sitting between the two moving averages, on the upper side—still within the moving-average channel, but not a true breakout.
Now the most critical part is volume. A rally on shrinking volume—because liquidity is naturally thin in the early morning—means even a small amount of buy pressure can push price up into an exaggerated move. The same goes for selling: a little selling can cause it to collapse just as quickly. This doesn’t feel like big money is stepping in; it feels more like an attack using existing liquidity and a limited order book.
The upper level at 301.30 is the 24-hour high—also the last gate for short sellers in the near term. Only if it breaks above that with increased volume can this surge be considered as having tomorrow’s continuation. The lower levels to watch are around 208.5 and 209.7, where there was previously a dense trading area. If the pullback holds without breaking, there’s still confidence for consolidation; if it breaks, that’s the place where long positions should cut losses.
My own plan is like this: if it pulls back to around 209, and selling pressure eases on reduced volume, I’ll take a small position and go long. My stop-loss would be placed below 205. The first target would be the 299–301 range. If it immediately surges to 301.30 with volume, I won’t chase—I’ll wait for it to hold steady first.
At this level, what matters is that your entry cost is different—so whether you’re panicking or not will be different.
I originally thought that early Saturday morning, ETH would stay with BTC and trade sideways on low volume.
But it tapped 2424—tonight’s high at 2448 is right above its head.
Don’t chase. At this level, going long has very poor cost-effectiveness. I plan to buy on the pullback to 2408, set a stop-loss at 2365, and target 2446-2448.
MA5=2408, MA20=2381. The price is above both lines, so the long structure hasn’t broken.
RSI=65.7—bullish, but still not yet close to overbought.
MACD is still bearish. DIF=33.98. Price is rising, but the indicator isn’t following.
The Bollinger Bands are leaning toward the upper band, with band width at 7.5%. Only when the bands suddenly open wider will the direction become clearer.
Volume is a problem.
1.523 billion in成交 volume—only a fraction of the 20-day average volume. It’s contracting severely.
A low-volume breakout in the early morning won’t go far, and it won’t fall deeply either.
BTC suddenly spiked with a needle in the middle of the night, and ETH followed for a bit.
But liquidity is thin, so the move is amplified—don’t let the daytime position logic get trapped by the early-morning spike.
If it breaks below 2381, I won’t hold it.
Downside support at 2088 is the next substantial one.
When it reaches 2446-2448, I’ll trim position. Tonight’s high—don’t get greedy.
Notes for orders: the order book is too thin. Don’t lock limit orders to exact integer prices. Around 2408, place two small entries.
I might also be wrong—so the stop-loss must be set.
Small position, place the orders, and wait for the pullback.
Changed my mind. During the day I said it couldn’t go up to 78 and that we should—now looking at the chart, things feel off.
BTC is now 77,217, moving right along MA5 at 77,263, like someone exhausted leaning against the wall, dozing off. MA20 is at 75,835 propping it up; the price hasn’t broken through. RSI is 67—slightly strong but not overheated yet. There’s still some room upward. MACD is in a bearish alignment: DIF 1522, and the downward momentum is still there. The rebound is on low volume—only 3.2 billion in成交; it’s nowhere near even a full fraction of the 20-day average volume. Honestly, I don’t dare to trust it too much.
At 00:01 in the early morning, liquidity is this thin—just one order could punch through a key level. Wicks through levels, drawing out “gates,” and all that tonight wouldn’t be surprising. My plan: don’t chase. If it pulls back to the MA20 at 75,835, I’ll pick up a few long positions. Put the stop-loss at 74,200—if it breaks down, it means MA20 has been lost and the rebound structure is broken. For a push up to 79,500, I won’t chase; I’ll wait until it can stand firm above 77,263 before talking. S1 at 67,825—if there really is a wick that pokes up to it, I’ll admit it.
What’s clear: the current pivot is 77,217. The dividing line is 75,835. Resistance is capped around 79,500 overhead. What’s unclear: whether this low-volume “grind” will wear people down to death. Wait for volume, or wait to see the volume energy after the market opens at 9 o’clock.
Don’t put too heavy size on your orders in the early morning—keep some ammunition.
Up +7.09% for the day, closing at 77,033, with a high/low of 79,500 / 71,132. Trading volume was 3.305 billion USDT—this amount of volume today shows a lot of sincerity.
The most important thing to remember today is that there are funds paying attention to BTC. If tomorrow it can hold above 77,033, there may still be room for the trend to continue. But if tomorrow’s opening directly gets slammed downward, then today’s move was most likely just a short-term trade.
The market is what it is—there’s no point in rushing.
At 21:20, the 1-hour chart for ETH printed a doji star.
2,386 is stuck in between the MA5 and MA20.
RSI is at 61.8—it's not overbought, but it also doesn't give enough confidence to chase for longs.
The MACD is still in a bearish arrangement, yet the price is climbing.
The volume ratio is 0.3—it's shrunk too much.
With a trading value of 1.594 billion, it can’t really support a meaningful breakout.
The most common mistake is to see a 4% gain in the past 24 hours and think you can still chase.
2,448 is the upper Bollinger band and also the high of the past 24 hours.
Resistance from the prior high is there, and with low volume too—if this level can’t be pushed through, you’ll likely see a pullback.
Where would the pullback go? First look at MA20 at 2,358.
If that breaks, the next destination is the MA50 at 2,270.
On the other hand, only if there’s a surge in volume that breaks through 2,448, and the volume ratio returns to above 1, would this move be considered truly under way.
Before that, chasing longs is just lifting the pole for the trapped people ahead.
My own plan: buy a little around the 2,358 pullback area.
If it breaks below 2,330, I’ll admit the mistake and leave—I don’t want to hold and endure.
Around 2,444, cut half first; the rest depends on the volume.
Manage your position size. Even if the direction is right, it’s slow money; if the direction is wrong, it turns into fast losses.
2,448—still, this long position feels hot in my hands.
Someone asked me what I think about reading the market charts, and what came to mind was this saying.
Within the discussion of the “cooling-off period,” there’s a principle: Set a rule for yourself: when you feel impulsive and want to place an order, first wait ten minutes. If you still want to place the order after ten minutes, then go ahead.
This rule can save you half of your losses.
Let’s use today’s $BTC as an example: now it’s at 77,380, up +7.94% over 24 hours. This kind of chart action perfectly confirms the principle above. It’s not coincidence—it's human nature repeating itself in the market.
The more I think about it, the more I feel that in the end, what you compete on in trading isn’t technique—it’s mindset.
The market is what it is. There’s no point in rushing.
The high and low during this period are 0.144800 / 0.098000, with trading volume of 102 million USDT.
0.098000 is the key support to watch right now. If it breaks below, there won’t be any clear spot for buyers to step in. Upward, 0.144800 is the resistance for this round. Until it breaks above with volume, any rebound should only be treated as a rebound.
Liquidity in this time window is relatively thin, so the price can easily be pushed around by small orders. So it’s not surprising to see wicks and price channels/“painting the door.” If you really want to take action, don’t chase the market price when placing limit orders—also don’t set your stop-loss too tightly.
ETH is currently at 7.4480 in the evening, up 7.49% over the past 24 hours.
Today’s full-day range is 6.7300 to 7.6990, with trading volume of 0.40B USDT. In this evening time window, ETH is most likely to follow BTC’s rhythm. If BTC suddenly spikes up, ETH will most likely catch a move as well; if BTC drops sharply, ETH will be hard to stay independent.
If you plan to take action in the evening, it’s recommended to watch the 6.7300 support level closely. If price holds above it, you can consider trying a small position. If it breaks, wait for the next support.
The worst thing is getting swept up emotionally at night and rushing in without thinking it through.
I just flipped to a paragraph and stood there for a while.
In loss aversion, it mentions a principle: Behavioral economics shows that the pain of losing 100 yuan is about equal to the pleasure of gaining 200 yuan. That’s why you can hold on to losing positions but can’t hold on to winning ones—our physiological makeup is like this; you have to rely on rules to fight it.
Take today’s $BTC as an example: currently 77,936, 24h +8.17%. This kind of market action just happens to confirm the point above. It’s not a coincidence—it’s human nature repeating itself in the market.
Between knowing and doing, there are several rounds of liquidations. Make a note and look back later for comparison.
The market is about to close, and today $ZEC really is worth talking about.
The whole day was up +14.75%, with a trading volume of 213 million USDT—one of the most active coins on today’s board. The price surged from 554.02 all the way to 647.46, and has now pulled back to around 638.90.
This kind of move shows that the capital hasn’t fully left, but short-term profit-takers are also starting to sell. The key point to watch tomorrow is whether it can continue to expand volume around 638.90. If volume can’t keep up, it will most likely pull back a bit; if it continues to expand, then the upside space opens up.
Did you catch this move today? What do you think about this coin tomorrow?
I copied this passage onto my notebook, and I translate it every so often.
In *Predictably Irrational* (The Misbehaviour of Humans), there’s a principle: Ariely proves that people are predictably irrational. When you lose 10,000, losing it on a coin you chose yourself hurts more—because it was your own choice. That kind of pain makes you stubbornly hold on, unwilling to admit you were wrong.
Take today’s $BTC as an example: it’s now at 77,212, with +8.24% over the last 24h. This market movement just happens to confirm the principle above. It’s not a coincidence; it’s human nature repeating itself on the chart.
You’ve heard the lessons before—the hard part is whether you can actually do it when that moment comes.
By the afternoon market move here, ETH is trading around 0.207400, up 12.35% in the past 24 hours.
The intraday range is 0.183900 to 0.210800, with trading volume of 0.55 billion USDT. At the moment, neither bulls nor bears are making any big moves; they’re both waiting for a signal.
If in the afternoon there’s a breakout with increased volume above 0.210800, it would suggest the bulls still have some ideas. Conversely, if there’s a pullback to 0.183900 and it can’t hold, then this wave may be coming to an end. For those trading contracts at this time, the biggest taboo is going all-in and betting on a direction—easy to be swept away by a single candle.
In the afternoon, will you stay out of the market and watch, or take a quick trade?
I just came across a passage and froze for a moment.
It talks about a principle in sleep: A position that helps you sleep well will, in the long run, always outperform the one that makes you lose sleep. Because with the former you can stick with it for years, while with the latter you probably won’t even last through a single period of intense volatility.
Take today’s $BTC as an example: it’s now 75,424, 24h +8.66%. This kind of market movement neatly confirms the principle above. It’s not a coincidence—it's human nature repeating itself in the market.
This sounds simple, but in practice it still takes a lot of tuition to learn.