Reports about Wolsh being hawkish are misleading people. My trainees and I listened to his speech in the office from start to finish. Overall, it was neutral and slightly dovish.
But during the speech, the market—or the “big pie” trend—kept falling. It looked like a hawkish move would lead to a sudden crash. In the office, I waited and planned to go long. This happened too quickly—seeing only a 1-minute chart doesn’t let you read the structure and signals clearly. So I could only try entering at positions that were prepared in advance. I entered at 788 and got stopped out, then I entered at 78444 to protect profit and limit loss.
After the speech ended, the trainees watched the news reports and said it was hawkish. I told them: “Trash reporting—misleading retail traders.” Then at 78628 I continued with long positions. I told them to wait a moment and that the market would pull back to the breakout point around 795—and it did. It returned and pulled back.
I emphasized that when news hits, the market will mislead us. We must have the ability to verify and discern for ourselves. That’s why I stay up late to listen to the Fed meeting and all kinds of speeches—I’m comparing what they say with the actual market reaction and the news flow, and also how the big players cut retail traders. Years of accumulated experience are not for show; it’s all hard-earned from sleepless nights, leading to an intuitive judgment.
During the speech, they in the office said gold is falling and the big pie is falling. I said: “You haven’t even bought gold—why are you talking about gold? Focus on the big pie for support levels and be ready to enter and make money.”
Over the weekend it’s been choppy again. If it can’t push up, the probability of a decline next week is high. This time, at the Bitcoin conference, there was no major dump—but the hype isn’t as big as it is in the U.S. In the 2024 Bitcoin conference, Trump went. In the 2025 conference, the Vice President JD Vance went. This Hong Kong Bitcoin conference clearly had a lower level of规格.”
$BTC
@CZ @Yi He @Richard Teng
But during the speech, the market—or the “big pie” trend—kept falling. It looked like a hawkish move would lead to a sudden crash. In the office, I waited and planned to go long. This happened too quickly—seeing only a 1-minute chart doesn’t let you read the structure and signals clearly. So I could only try entering at positions that were prepared in advance. I entered at 788 and got stopped out, then I entered at 78444 to protect profit and limit loss.
After the speech ended, the trainees watched the news reports and said it was hawkish. I told them: “Trash reporting—misleading retail traders.” Then at 78628 I continued with long positions. I told them to wait a moment and that the market would pull back to the breakout point around 795—and it did. It returned and pulled back.
I emphasized that when news hits, the market will mislead us. We must have the ability to verify and discern for ourselves. That’s why I stay up late to listen to the Fed meeting and all kinds of speeches—I’m comparing what they say with the actual market reaction and the news flow, and also how the big players cut retail traders. Years of accumulated experience are not for show; it’s all hard-earned from sleepless nights, leading to an intuitive judgment.
During the speech, they in the office said gold is falling and the big pie is falling. I said: “You haven’t even bought gold—why are you talking about gold? Focus on the big pie for support levels and be ready to enter and make money.”
Over the weekend it’s been choppy again. If it can’t push up, the probability of a decline next week is high. This time, at the Bitcoin conference, there was no major dump—but the hype isn’t as big as it is in the U.S. In the 2024 Bitcoin conference, Trump went. In the 2025 conference, the Vice President JD Vance went. This Hong Kong Bitcoin conference clearly had a lower level of规格.”
$BTC
@CZ @Yi He @Richard Teng
