Taking a quick look at the market at lunchtime. $ETH is showing pretty strong momentum today, up -1.82% over the past 24 hours.
The current price is 2,314, with an intraday high of 2,392 and a low of 2,293. Trading volume is 474 million USDT. That kind of volume shows this isn’t just a minor move—there’s definitely money paying attention to it.
But I still have to say this: chasing a rally at lunchtime comes at a cost. A lot of coins surge around noon, then start to pull back in the afternoon. If you’re bullish on it, rather than jumping in right now, why not wait and see whether buying support holds this afternoon?
At this lunchtime level, are you already in, or waiting for a pullback?
There’s something I’ve remembered for a long time, and it came to mind again today.
A principle in “Liquidity Determines Everything” goes like this: Around 80% of crypto market movements come down to liquidity. When macro conditions are loose, even junk coins can soar; when liquidity tightens, even strong fundamentals can’t hold up. Before you look at the charts, check the taps.
Take $ETH today, for example: it’s at 2,309 now, down 2.07% over 24 hours. This market action is a perfect illustration of the principle above. It’s no coincidence—it’s human nature repeating itself on the charts.
There are several liquidations between knowing and doing. When it’s time to wait, you have to wait.
I took a look around the market this morning, and $ETH is looking interesting today—it’s down 2.17%.
The price is currently at 2,305, with an intraday high and low of 2,392 / 2,302. Trading volume is 452 million USDT, which suggests active buying—not just retail investors piling in blindly.
When a coin suddenly sees a spike in volume early in the day, it’s usually one of two things: either investors have caught wind of good news ahead of time, or major players are testing the waters. Either way, the biggest mistake is to chase blindly. It’s already moved so much that the risk of buying in now outweighs the potential opportunity.
If you’re already in, keep a close eye on 2,302—if it breaks below that level, you should get out. If you haven’t entered yet, consider waiting for a pullback to a support level.
I came across an old saying, and suddenly it clicked with today's market.
Ed Seykota's observations point to a simple truth: Seykota said everyone gets what they truly want from the market. Those seeking excitement get excitement; those seeking to prove themselves get a lesson. Ask yourself what you really want when you enter a trade—the answer may not be money.
Take today's $PEPE , for example: currently at 0.000005, up +10.00% in 24h. This market action is a perfect illustration of the point above. It's no coincidence—it's human nature repeating itself in the charts.
We've all heard the wisdom. The hard part is putting it into practice when the moment comes. Let's trim our positions for now.
ETH is hovering around 760.17 in the early session, up 2.38% over the past 24 hours.
Last night’s high and low were 762.20 / 742.05, with prices moving within that range overall. The key thing to watch this morning is whether ETH can hold the 742.05 level—if it breaks below, there could be more room to fall; if it holds, we may see a small short-term rebound.
Trading volume is 96 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 until the picture is clearer before acting.
A quick look before the market opens. BTC is currently stuck at 81,244, up 0.41% over the past 24 hours, with an overall bullish bias. ETH is hovering around 2,358, up 0.34% over the past 24 hours, also with a bullish bias.
BTC traded between 80,397 and 81,823 overnight, making this a key level. If it can open with strong volume and hold around 81,823, short-term sentiment should improve a lot. On the other hand, if it drops below 80,397 right after the open, today will most likely be a choppy day.
ETH is more dependent on BTC's direction. If Bitcoin doesn't pick a direction, it's hard for Ether to move independently. Trading volume is 419 million USDT, which isn't particularly active and suggests everyone is waiting for a signal from the open.
I won't jump in as soon as the market opens today. I'll watch for half an hour first, then decide once the direction is clear. Sometimes you just have to wait.
Some lessons only sink in after you’ve paid the price.
Munger’s inversion principle teaches an important lesson: Munger said, “Invert, always invert.” Everyone is talking about how to get rich in crypto. You should ask instead: How can I avoid losing everything in crypto? First, avoid defeat; then aim to win.
Take today’s $PEPE as an example: currently at 0.000005, up 12.03% in 24 hours. This market action perfectly illustrates the point above. It’s no coincidence—it’s human nature repeating itself in the market.
It sounds simple, but putting it into practice can cost you a lot in tuition. Wait for the signal, not the mood.
The high and low during this period are 0.000005 / 0.000004, with a trading volume of 93 million USDT.
0.000004 is the key support to watch right now; if it breaks, there are no clear support levels below. On the upside, 0.000005 is resistance for this move. Until the price breaks above it on strong volume, treat any bounce as just a bounce.
Liquidity is thin at this time of day, so small orders can move the price easily. Sharp wicks and sudden pumps or dumps are not unusual. If you do trade, use limit orders rather than chasing the market, and don't set your stop-loss too tight.
$ETH is currently trading at 2,345, down 0.07% over the past 24 hours.
The high and low for this period are 2,388 / 2,323, with a trading volume of 329 million USDT.
2,323 is the key support to watch right now. If it breaks, there’s no obvious buying support below. Above, 2,388 is the resistance for this move. Until price breaks above it on strong volume, treat any bounce as just a bounce.
Liquidity is thin during this period, so small orders can move the price easily. Sharp 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 read an old saying and suddenly saw how it applied to today’s market.
There’s a principle that comes up in trade reviews: A review isn’t about whether the market moved the way you expected; it’s about whether you made the right decisions. If you got the direction wrong but stuck to your discipline, that’s a good trade. If you got the direction right but broke your rules, that’s a bad trade.
Take today’s $PEPE , for example: it’s at 0.000005 now, up 6.35% in 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 markets.
There are several blowups between knowing what to do and actually doing it. Let’s talk about it tomorrow.
$BTC is now trading at 80,553, down 0.03% over 24 hours.
The high and low for this period are 81,823 / 80,397, with a trading volume of 955 million USDT.
80,397 is the key support to watch right now. If it breaks, there’s no clear support below. On the upside, 81,823 is resistance for this move; until price breaks above it on strong volume, any rebound should be treated as just a rebound.
Liquidity is thin during this session, so even small orders can move the price. Sudden wicks and order-book manipulation are nothing unusual. If you do trade, use limit orders instead of chasing the market, and don’t place your stop-loss too close.
Away from the charts, let me share something I’ve been thinking about for a long time.
There’s a lesson to be learned about the relationship between position size and emotions: Here’s a simple way to tell whether your position is too large: if a 30% drop would keep you up at night, it’s too large. Your position size should be determined by your emotional tolerance, not by how optimistic you feel.
Take today’s $PEPE as an example: it’s at 0.000005 right now, up 10.71% in 24 hours. This kind of market action perfectly illustrates the point above. It’s no coincidence—it’s human nature playing out on the charts, over and over.
The more I think about it, the more I feel that in the end, trading isn’t about technique; it’s about temperament. It’s better to keep some ammo in reserve than anything else.
There’s something I wrote down a long time ago, and it came back to me today.
Bruce Kovner’s views on position sizing make an important point: Kovner says his positions are always small enough to let him sleep at night. If a position makes you wake up in the middle of the night to check your phone, the position isn’t the problem—you’re already gambling.
Take $PEPE today as an example: it’s at 0.000005 now, up 10.80% 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 markets.
The market won’t go easy on you just because you understand the principle. We’ll talk about it tomorrow.
I went over today's market action before bed. Honestly, there was quite a bit of information in today's price action.
BTC fluctuated between 80,244 and 81,823 today, then closed at 80,720, up 0.84% for the day. The most important thing to watch isn't the move itself, but whether trading volume picked up. Today's volume was 1.027 billion USDT, which honestly isn't very active, suggesting that market sentiment remains fairly cautious.
ETH was slightly stronger, gaining 0.58% on the day and closing at 2,335, with a trading range of 2,323 to 2,388. Its correlation with BTC is still quite clear: if BTC stays put, it's hard for ETH to move independently.
The biggest mover today was $PEPE , up 12.24% on the day, with 86 million in volume. A move like this could mean money was positioned early, or that sentiment-driven trading amplified volatility.
The key signal today: whether BTC can break through a key level on rising volume will determine the direction from here. Tomorrow, I'll be watching closely to see whether BTC can hold the xxx level.
Up 0.62% for the day, closing at 80,636, with a high/low of 81,823 / 79,890. Trading volume came in at 1.013 billion USDT—a pretty convincing showing for today.
The key takeaway today is that there’s money paying attention to BTC. If it can hold above 80,636 tomorrow, the move may have room to continue. But if it gets dumped right after the market opens tomorrow, today’s rally was probably just a short-term trade.
Someone asked me how I read the market, and this quote came to mind.
Soros’s theory of reflexivity makes an important point: Soros said the market is always wrong. You’re both an observer and a participant in the market. The act of buying itself affects the price. So never think that this time is different—every time is the same.
Let’s take today’s $PEPE as an example: currently at 0.000005, up 12.67% in 24 hours. This market action perfectly illustrates 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 realize that in the end, trading isn’t about technique—it’s about mindset. Wait for the signal, not for the right mood.
The high and low during this period were 0.000005 / 0.000004, with a trading volume of 80 million USDT.
0.000004 is the key support to watch right now. If it breaks, there’s no obvious support below. To the upside, 0.000005 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 move the price. Sharp wicks and fake breakouts 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 currently at 760.00 this evening, up 2.74% over 24 hours.
Today's range was 739.40 to 761.54, with a trading volume of 94 million USDT. At this time of evening, ETH tends to follow BTC's lead. If BTC suddenly surges, ETH will most likely move up too; conversely, if BTC plunges, ETH will have a hard time staying unscathed.
If you're thinking of making a move tonight, keep a close eye on the 739.40 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.
Some lessons only make sense after you’ve taken a loss.
Here’s a lesson about market wicks: A late-night wick isn’t an accident—it’s engineered. When liquidity is at its thinnest, cascading liquidations are easiest to trigger. Setting your stop-loss at an obvious level is like telling your opponent where you are.
Take today’s $ETH , for example: currently at 2,370, up 2.86% over 24 hours. This kind of price action perfectly illustrates the point above. It’s no coincidence—it’s human nature repeating itself on the charts.
There are several liquidations between knowing and doing. Keeping some ammo in reserve is better than anything.
The market is about to close, and $ETH is definitely worth discussing today.
It rose +2.48% over the day, with a trading volume of 496 million USDT, making it one of the most active coins in today's market. The price climbed steadily from 2,297 to 2,388, and has now pulled back to around 2,369.
This trend suggests that capital hasn't left yet, but some short-term holders are also taking profits. The key thing to watch tomorrow is whether volume continues to pick up around 2,369. If volume doesn't hold up, a retest is likely; if it keeps increasing, there could be more room to run.
Did you catch today's move? Are you still bullish on this coin tomorrow?