August 7 BTC/ETH｜《Jiang Feng Trading Strategy Diary》Episode 22 Short Notes
Recently, the market has been somewhat tormenting.
When you look at the chart, yesterday it was this price, and today it’s still this price—up a little, down a little, and in the end back to the starting point. Many people aren’t defeated by the market itself; they’re worn down by this boring, range-bound chop that drains their patience.
But when you look back at history, the real big moves often explode after extreme calm. Right now, trading volume remains sluggish and market sentiment has dropped to rock bottom. Although the direction isn’t clear yet, I believe the next 1 to 2 months are worth closely watching.
For now, my trading thesis hasn’t changed: sell rallies from above, use a light position size, and scale in gradually.
📍ETH: Place short positions around 1935–1950, add on near 2008. Targets: 1860–1830 → ~800–1770.
📍BTC: Place short positions around 65000–65700, add on near 66000–66666, with 68000–68500 as the final line of defense. Targets: 64000–63300–62300–61300.
At the moment, the overall resistance level hasn’t been convincingly broken, and the trend is still temporarily leaning bearish. However, range-bound markets are the easiest for sweeping stop-losses back and forth—so position size must be controlled. Never go heavy.
Trading isn’t about who makes money the fastest; it’s about who stays in the market the longest.
#SK海力士拟191万亿韩元投建M17工厂 $BTC
$ETH
Recently, the market has been somewhat tormenting.
When you look at the chart, yesterday it was this price, and today it’s still this price—up a little, down a little, and in the end back to the starting point. Many people aren’t defeated by the market itself; they’re worn down by this boring, range-bound chop that drains their patience.
But when you look back at history, the real big moves often explode after extreme calm. Right now, trading volume remains sluggish and market sentiment has dropped to rock bottom. Although the direction isn’t clear yet, I believe the next 1 to 2 months are worth closely watching.
For now, my trading thesis hasn’t changed: sell rallies from above, use a light position size, and scale in gradually.
📍ETH: Place short positions around 1935–1950, add on near 2008. Targets: 1860–1830 → ~800–1770.
📍BTC: Place short positions around 65000–65700, add on near 66000–66666, with 68000–68500 as the final line of defense. Targets: 64000–63300–62300–61300.
At the moment, the overall resistance level hasn’t been convincingly broken, and the trend is still temporarily leaning bearish. However, range-bound markets are the easiest for sweeping stop-losses back and forth—so position size must be controlled. Never go heavy.
Trading isn’t about who makes money the fastest; it’s about who stays in the market the longest.
#SK海力士拟191万亿韩元投建M17工厂 $BTC
$ETH