When the contract announcement came out, I thought—following the normal playbook—there should be some initial shuffling, then a gradual push to the next level. But after the contract was listed, I noticed the open interest was increasing slowly, all long positions, and the funding rate was still positive. How could retail traders be this impulsive? It was obvious the market maker was laying out orders.
Then the market maker first pumped a wave, ate up the short positions, and then dropped it—so they profited from both sides, cleanly taking everything.
This kind of setup doesn’t even require tight market control. With enough retail traders and enough buzz around the topic, it’s actually the easiest way to make a huge amount of money.
$BTC Honestly, deep down, I actually expect more than anyone else that BTC will pull back to around 40,000. If we really get to this level, my take can be discussed and held for years.
But reality is right in front of us: that big bullish candle for BTC has pierced through three moving averages in one move, and the overall market structure has completely changed. I can’t stick to old habits and stubbornly insist that BTC will definitely return to 40,000.
Some people will question: I was looking at 50,000 the other day—so why did my view change so quickly? To be honest, I’m also afraid—afraid of missing out on this bull market cycle.
Thinking must evolve with the market. Right now is the early stage of a transition from bear to bull, just like what people in my hometown say: when a young person is just beginning to show their talent, the market is only just starting to wake up.
There’s still a chance to get in, but for BTC in the 50-thousand handle, we probably won’t be waiting for that again. Opportunities for positioning still exist around 65,000 and 68,000; in the worst case, around 70,000. The probability of this opportunity is at least 50%.
A single misstep can become a lifelong regret—by the time you turn around, the bull market has already gone far. Every time a bull market starts, the path is never a simple copy of the previous one. Trying to “cut a boat by the sword,” blindly replicating past patterns, will only mislead yourself—and mislead the people around you.
Humble yourself to the trend—there’s nothing shameful about it. Of course, chasing long positions right now isn’t rational either. If this round can’t break through 8.3W, the market will likely come into a pullback, and most likely trade sideways in the 65,000–72,000 range for 3–5 months. Then, once one day sees a breakout with strong volume, the bull market’s main surge toward 100,000 will officially begin—this is the scenario I think is most likely to play out next.
Why does the bodhisattva sit upside down? It’s a sigh for all sentient beings who refuse to turn back.
ETH will move in sync with BTC, oscillating as it pulls back to the 1,800–2,000 range—good for staged spot entries. SOL dropping to 80–90 can be accumulated in batches. PAXG pulling back to around 4,200–4,300 is worth watching; with multiple central banks continuously increasing large holdings, it’s something to pay attention to.
There are quite a few U.S. stock benchmarks. I’ll break them down one by one later. SPX won’t keep making lower lows; the rebound trend should continue. Previously, I planned long-term positions around 110, and that approach still holds.
Let me be candid here: I’m sorry—I was previously leaning too bearish. The market has already transitioned from bear to bull, and the bull market has only just started to show its head.
I hope the broader market will later offer a pullback. For family members who haven’t set up spot positions yet, you can use the pullback to enter in batches. That’s all the thinking I can share. I hope everyone can抓紧 the cycle and time it well.
$ZEC When the grayscale opens its mouth, it basically means something bad is about to happen. Every time they talk about the privacy milk track, there’s a high chance we’re about to see a wave of a major plunge. This time they directly called it down to 8000—and I’m actually more panicked.
They’ve directly moved into Bhutan and teamed up with the local DK Bank. Now, with the Binance app in hand, you can scan and spend crypto at more than 3,700 stores—that’s basically a real-world rollout of crypto payments.
The most brutal part is that fees will be completely waived before the end of 2026.
You can clearly see how fast Binance is expanding globally. As more application scenarios roll out, the BNB ecosystem will only get thicker and stronger.
The day before yesterday, a drug dealer used ZEC to settle $50 million worth of cocaine, and when they woke up today it had turned into $100 million. I’m not joking—don’t panic and don’t empty it out yet.
From a technical perspective: if we count using the five-wave theory, then at the 821 area we’re in the 3-3 main rising wave, which is also the most intense segment—yet it hasn’t finished. Even if 3-3 ends, there will still be a 3-4 pullback, followed by another push in 3-5.
If we estimate using the smallest possible upside extension, then if 3-3 extends further, this round’s target could be around 1500, or even higher. We’re only in the low 800s right now, so there’s still plenty of room.
For safety, wait for the pullback to enter—don’t chase, and don’t blindly short.
$BTC $BNB The market conditions are getting more and more off—looks bullish, but there’s a bearish scent hidden underneath. I’m already preparing a short position.
Bitcoin and Ethereum still seem to be holding up reasonably well, but the mainstream altcoins simply can’t break out and open up any upward space. As for the small caps, forget it—rotation is weak, and not even a solid 100x opportunity has run. If this were truly a bull market, the small caps shouldn’t be this quiet.
My plan is: after BTC breaks 75,000, I’ll watch around 76,000. If it spikes higher and then shows a high-volume stall (volume expansion with a pause) and an abnormal surge in OI, I’ll consider taking a short trade for a round.
Don’t be fooled by “BTC hasn’t dropped yet.” In a real bull market, the whole market should be making money—not just one coin, with only BTC propping things up.