Good morning, everyone. A new week has begun.
Over the past couple of days, I bet many brothers, just like me, have been staying up late watching the World Cup.
Last night, I thought five-star Brazil was surely on the way to victory, but the Viking warriors literally sent them home 2:1. After watching it, I felt fully energized.
But football is football—trading is trading.
Don’t think the market has completely reversed just because the overall market index rose a little over the weekend.
The biggest feeling these past two days is: prices are going up, but the market isn’t nearly as excited as it was in the first few days.
Back then, once it started climbing, copycats flooded the market everywhere;
Now, when you look again, many coins have started to fall behind, which suggests that capital is becoming more cautious—not mindlessly rushing in.
So what’s the most dangerous thing at a time like this?
The biggest fear is seeing it rise and then chasing—only to chase in, and then the market starts to grind sideways, wearing you out.
So I think this week, even if prices can still climb a bit, the height won’t be as easy as last week.
After a series of consecutive gains, whatever can be cashed out has already been cashed out. Next, the market needs fresh news to drive it forward; otherwise, it’s likely to remain range-bound.
Also, the U.S. stocks reopening after three straight market holidays is worth keeping an eye on. During the daytime, there likely won’t be much capital participation, so the行情 (market action) is expected to keep grinding back and forth within a range.
Whether there’s truly a direction will only become clear once U.S. market funds step in.
My game plan today stays the same:
Don’t chase the breakout. Wait patiently for a pullback. High-sell and low-buy within the range, and let the market show its direction on its own.
Reference ranges:
BTC: 62500—64500
ETH: 1750—1850
SOL: 79—83.5
This week has only just started. You don’t need to fire all your bullets on day one—opportunities are always more plentiful than positions.
Keep watching: $LAB $TLM $SYN
#韩国央行警示个股杠杆ETF风险 #南非发布加密税收指南草案 #上半年加密黑客达207起损失9.72亿美元
Over the past couple of days, I bet many brothers, just like me, have been staying up late watching the World Cup.
Last night, I thought five-star Brazil was surely on the way to victory, but the Viking warriors literally sent them home 2:1. After watching it, I felt fully energized.
But football is football—trading is trading.
Don’t think the market has completely reversed just because the overall market index rose a little over the weekend.
The biggest feeling these past two days is: prices are going up, but the market isn’t nearly as excited as it was in the first few days.
Back then, once it started climbing, copycats flooded the market everywhere;
Now, when you look again, many coins have started to fall behind, which suggests that capital is becoming more cautious—not mindlessly rushing in.
So what’s the most dangerous thing at a time like this?
The biggest fear is seeing it rise and then chasing—only to chase in, and then the market starts to grind sideways, wearing you out.
So I think this week, even if prices can still climb a bit, the height won’t be as easy as last week.
After a series of consecutive gains, whatever can be cashed out has already been cashed out. Next, the market needs fresh news to drive it forward; otherwise, it’s likely to remain range-bound.
Also, the U.S. stocks reopening after three straight market holidays is worth keeping an eye on. During the daytime, there likely won’t be much capital participation, so the行情 (market action) is expected to keep grinding back and forth within a range.
Whether there’s truly a direction will only become clear once U.S. market funds step in.
My game plan today stays the same:
Don’t chase the breakout. Wait patiently for a pullback. High-sell and low-buy within the range, and let the market show its direction on its own.
Reference ranges:
BTC: 62500—64500
ETH: 1750—1850
SOL: 79—83.5
This week has only just started. You don’t need to fire all your bullets on day one—opportunities are always more plentiful than positions.
Keep watching: $LAB $TLM $SYN
#韩国央行警示个股杠杆ETF风险 #南非发布加密税收指南草案 #上半年加密黑客达207起损失9.72亿美元