UKong

$BMT
The main reason for the move is the lagging hype and speculation triggered after the coin was listed on Korea, along with funds flooding in—typical low-float catch-up.
Before that, it drifted down and sideways from the high level for days, grinding all the way around 0.015. Then suddenly it had this vertical surge—this is completely a sentiment-driven move.
The peak at 0.0278 has now become the most obvious resistance. After the pullback, it is currently consolidating around 0.0218–0.022, which belongs to the pulback phase.
Overall, it’s still “weak-to-strong” after the overheating. In the short term, the probability that bears are in control is higher.

Personal plan: short
Entry: short in the 0.0226–0.0232 range (wait for it to bounce back here before entering—don’t chase and smash).
Stop loss: 0.0285 (if it breaks the previous high, accept the mistake).
First target: 0.0198; second target: 0.0162.
When it reaches 0.0198, you can close half first, and hold the rest toward around 0.016.
Keep position size light—this coin is very volatile. Watch the 0.020 support level closely; if it breaks, the probability of an accelerated sell-off is high.

$TAC
The past couple of days have been highly volatile, and basically this all traces back to the on-chain incident that happened on August 22.

Someone exploited a vulnerability in the Cosmos EVM shared module and drained an account—$TAC —resulting in the validators halting the chain directly. This wasn’t a fault in TAC’s own code. Several other chains that used the same module were also affected. It wasn’t an issuance/minting event—just a transfer; other assets were fine.

On the 24th, the official team said the post-mortem and restart plan would be out soon. They’re already coordinating with the exchange and SEAL 911.

Public opinion has basically been: panic sell to smash the price, then bargain-hunt to buy the dip—there’s a bit of a “water army” vibe.

On the chart, starting from around the Aug 22 ATL near 0.00113, price was directly pushed through. Within 24 hours, it dipped to about 0.00105–0.00113. Liquidity was drained instantly, and perp liquidations came wave after wave. But the dip-buying capital arrived just as aggressively—the volume surged straight to daily trading of 6M+ (market cap was only around 11M, with a turnover rate of 50%+). The short-term moved straight into a V-reversal. Price is currently ranging between 0.0023 and 0.0024; in the last 24 hours it’s already up +35% to +40%, more than double from the lows.

On the 4H timeframe, the higher highs and higher lows are clear, and the structure is biased bullish. However, overhead is facing heavy sell pressure around 0.0027–0.0028 (yesterday’s high) and near 0.0030. Support below 0.0020–0.0021 is the first support; farther down, 0.0018–0.00185 is strong support. Overall it’s still a deeply oversold rebound. Sentiment has shifted from panic to watching for the restart, and capital is betting that there will be continued short-term repair.

Personal plan:
Go long: Enter when it pulls back into 0.00215–0.00220.
Stop loss: 0.00195 (if the structure breaks, get out).
Take profit: First target 0.00280; second target 0.00350.
Key levels to watch: Don’t let 0.00200 support break. Can 0.00275–0.00280 pressure be broken upward with volume?

Don’t go heavy on position size. Volatility is high—wait for a pullback and confirmation before entering. Don’t chase.

NFA—manage your own risk.

$BTC
- U.S. stocks: The market shows clear differentiation. The Dow is up +0.26%, supported by banks and defensive sectors; the Nasdaq is down -0.76% and the S&P 500 is down -0.28%, both weaker. Storage and semiconductors were hit hard across the board. Samsung’s shareholder returns missed expectations, dragging the entire chain lower—Micron, Seagate, and SanDisk all tumbled sharply. NVDA closed lower for 7 straight trading days, marking its longest consecutive losing streak since 2022. Tesla also saw a clear pullback, while Meta, Amazon, and Microsoft held up relatively better. Overall, the market is in a wait-and-see mode ahead of the Jackson Hole central bank symposium. Long-end U.S. Treasury yields have fallen, but funds have not rotated back into overvalued AI hardware; capital is tilting toward defensives.

- Gold: Continued strength. It pushed higher intraday and closed around $4,653, with a +0.75% gain on the day. U.S. Treasury repo activity has suppressed long-end yields. Combined with safe-haven demand from geopolitical tensions in the Middle East, the dollar’s downside pressure has been limited. Demand for safe-haven assets remains strong, and prices are currently trading in the three-month high-range zone. Bullish sentiment is very strong.

- BTC: It followed the recovery in macro liquidity and strengthened. The high neared 79,995, and it closed around 78,700, up about +1.3% on the day. A “presidential insider” sparked the move. The main beneficiaries are falling long-end U.S. Treasury yields. ETF inflows have been sustained, leading to some short-squeeze pressure. Interestingly, BTC is rising in sync with gold—reflecting a “hedge against the dollar’s credit” logic resonance—and it has decoupled from the performance of U.S. equities’ technology and hardware segment.

> Key reminder: The next core catalyst is the Jackson Hole annual symposium. Any remarks from Federal Reserve officials will directly disrupt the overall pricing of U.S. Treasuries, gold, BTC, and U.S. tech stocks.

Current market style-switching signals are very evident. Risk assets and safe-haven assets are showing a differentiated, resonant行情. All market participants are waiting for major policy guidance, and in the near term, price action is likely to keep swinging back and forth around incoming news.

$PROM
The more I look at it, the more I feel like there might be something here, like it’s worth adding a little more position right where it is.
Risks are controllable—let’s get rich together. DYOR

$PROM
According to the official announcement to list on Hans (Korea), it directly ignited Korean capital. Combined with the previous PoPP cooperation news, market volume surged dramatically. In the last 24 hours, it rose by more than 26%. The high touched 4.055. The main driver was the upward listing + capital inflow boosting a momentum-driven sentiment rally.

After drifting lower from around 1.8 on 08/21, it strongly rebounded. On 08/23-24, it took off completely—almost a one-way move upward. Several pullbacks in the middle were quickly absorbed. After the high of 4.055, there was clear selling pressure. The price then dropped quickly back to around 3.5 and rebounded to about 3.66 now. Trading volume swelled near the top and then faded somewhat, but overall bulls are still controlling the market, and the key uptrend structure hasn’t been broken.

After holding the 24h low around 2.683, it rallied on a doubled-level move immediately, which shows how strong the buying is.

Currently it’s consolidating in the 3.6–3.7 range. Short-term is clearly overbought, but the trend hasn’t broken yet.

Personal plan: Long
Entry: Wait for a pullback into the 3.45–3.50 support zone (dense prior highs + near the pullback low), enter with a small position, and add only after confirming it won’t break.
Stop loss: 3.10
Take profit: First target 5.50; second push 7.00+ (based on an extension of the previous high + continued momentum)

Key focus: watch whether the 3.50 support can hold. If it breaks, give up.
Resistance above: first look at 4.05 (the prior high). If it breaks with volume, it can accelerate.
Don’t chase. Wait for a retest before acting. Keep position sizing under control—volatility is high.
Move step by step with the market—don’t stubbornly hold no matter what.

$VELVET The coin that went on a rampage and cut greens. This kind of coin should really be taken down.

$SPK
The community recently made a deal agreement income buyback of over 100 million SPK (using more than 2 million USD of that income). Q2 revenue also increased. The community call discussed all of this. This may be the confidence for a rebound from around 0.013 ATL.

But today’s move—rising sharply from the lows to 0.02415 and then falling back to 0.02155—was basically just trade signals clashing against each other. I didn’t see any brand-new official announcements or major events that directly ignited the volatility. It’s mostly the market “playing itself.”

From around 0.01514, it gradually crawled up. There was a period of consolidation in the middle (roughly the 0.017–0.019 range) with average volume. Then suddenly it exploded in volume and pumped upward, shooting straight to the 0.02415 high. In the past 24 hours it’s up more than 24%. Trading volume also “blew up” to SPK-level—over 6.5 billion SPK. The volume columns at the bottom also surged.

That high point candle clearly has a long upper wick and heavy sell pressure. Then it dropped quickly, and it’s now consolidating around 0.02155, with volume shrinking from its peak.

Overall structure is still more bullish: higher lows and higher highs, an uptrend from left to right.

However, in the short term it’s clearly overbought and profit-taking has set in. There’s a “top divergence” feel at the higher level, and during the pullback there are several big bearish candles.

Support: first look at around 0.020 (a prior platform and volume buildup zone), then down to 0.018–0.0168 (near the 24h low).
Resistance: the 0.024 level it just tested, and the pullback resistance around 0.022–0.0225.

Right now it looks like a normal consolidation/pullback after a big rally—nothing has broken down, but there also doesn’t seem to be immediate strength to push higher again. If volume doesn’t expand again, it’s likely to first find support below before deciding the next direction.

Personal trade idea: Short.
Short the rebound from the high—don’t chase the low.
- Entry: the 0.0218–0.0222 range (place shorts near the pullback resistance or at market)
- Stop loss: 0.0245 (if it breaks the prior high, admit the mistake—risk is about 0.0023–0.0027)
- Take profit: first target 0.0185 (if it hits, partially exit), second target around 0.0155 (near the prior low area).

Short again if the 0.022 resistance rebound confirms; if 0.020 support breaks, it accelerates downward.
If there’s suddenly a big breakout volume above 0.0245, flip—don’t stubbornly hold.
Keep your position light; perpetuals have big volatility—just set conditional orders.
Risk is yours to bear. Don’t go all-in. 🚀

$MORPHO
There are no good or bad catalysts at the message level—pure capital-pool + DeFi narrative rotation. It gets pushed up together with AAVE; the trading volume has multiplied several times. Your own buy orders are pushing.

For the short term: it consolidated around 2.08, then suddenly took off. A sequence of strong bullish candles pushed the price to 2.73 with exceptionally high volume—a typical short-term impulse.

Now it has moved far away from the moving average and is clearly overbought. A quick pullback to digest the move could happen at any time.

Personal trade idea: short.
Key resistance: 2.73–2.75 (24h high + around the current price).
Support: 2.60, 2.52.
Entry: when price rises again toward ~2.73 and stalls (a long upper wick or a bearish candle appears), go short directly.
Stop loss: 2.9.
Take profit: first look at 2.5, then push further down to 2.3.
Short-term—quick in, quick out. Exit half at 2.5.
The bigger trend is still bullish. Don’t chase for the short term—wait for a pullback to act.
Manage position size well; don’t go all-in.
NFA—trade based on your own chart watching.

$TUT
The community is mainly driven by emotions and liquidity. There is no sudden news about new projects. This round of volatility is essentially the market trading cycle generated by itself. It is further amplified by the BNB Chain meme rotation and the return of leveraged funds.

The market started at 0.029, surged to 0.08082 to form a top, then quickly pulled back. It is currently consolidating around 0.06211. Overall amplitude is over 7%, and the peak trading volume reached 400 million.

Earlier, there were consecutive high-volume bullish candles breaking above the previous high, and FOMO sentiment concentrated and erupted;
after hitting 0.08, the longs lacked momentum. The shorts then pushed down accordingly, but the 0.060 area has strong support and has not seen a deep drop. Currently there is a slight rebound; the pattern is in a consolidation phase after a high-and-retrace move.

My personal plan: short
Short on the rebound at 0.065–0.067. Key resistance: 0.068; support below to reference: 0.058
Stop loss: 0.071; if it breaks, exit strictly
Take profit: first target 0.052, second target 0.040

Short-term: quick in, quick out. If there is volume, you can hold and observe; if volume shrinks, leave in time.
Make sure to manage your position size—no all-in. DYOR

$ZAMA
Nothing major has happened recently on the official front. Just yesterday, Morpho updated its data—its confidential USDC vault TVL surged to 41M+ and broke into the top ten, along with the continued deployment of the confidential token application.
On the news side, there isn’t any particularly big FOMO or FUD this time. That 40% rally is basically driven purely by order flow. After consolidating at the bottom for a long time, price suddenly broke out on increased volume, and funds rushed in to follow.
It had ground around 0.04 for ages. Then it gradually climbed, and suddenly accelerated—one big bullish candle pushed it straight up to 0.06733, with extremely strong volume (over 200 million on a single candle). Now it has pulled back to around 0.064.
In the short term, it looks clearly overheated. RSI is probably already at the top. Even though price and volume are strong together, the move was too violent—it's prone to wash out first before deciding direction.
The 24H range is 17%+ with huge volatility. Funding is still positive and longs still hold an advantage, but chasing carries significant risk.

My personal plan: I will short.
Wait for a rebound to the 0.0665–0.0673 area, then short again. Don’t chase the short right here.
Entry: around 0.0668
Stop loss: 0.0688 (if it breaks the prior high, get out)
Take profit: first target 0.058, second 0.052, third look at 0.045

Key levels: watch whether it can hold above 0.0673. If it can’t hold, then sell it off.
If it breaks 0.0688 with direct, high volume, this trade is invalid—don’t stubbornly hold on.
Keep position size smaller and don’t use excessive leverage. With this kind of new coin, “seed tag” coins can act unpredictably at any moment.

$TRUMP
This is a typical “low-level buildup → breakout → acceleration” pattern. In the early stage, it traded sideways around 1.8 for a long time, with volume gradually increasing, suggesting that large funds were accumulating.
Once it breaks 2.2, it starts to move in a parabola-like curve, with almost no meaningful pullbacks in between—bears get completely crushed.
Now there are a few small bearish and bullish candles at the high end. This is healthy rotation/turnover, not an immediate top signal.
During the rally, volume keeps expanding, peaking near 2.81, which indicates that the momentum from chase-buyers is in place.
Now, while it’s consolidating, volume has eased a bit, but it hasn’t shrunk to dead silence—bulls are still in control.
If it breaks above 2.81 again with a surge in volume, the next leg will be even stronger.

In the community, some people have shared that their target has been reached (from 1.5–1.7 up to 2.7), and others are still calling for the next wave.
Overall sentiment is still “keep pushing higher,” and there hasn’t been a widespread chorus of taking profit and exiting.
The linkage with MELANIA is also strong.

Personal plan: bullish.
It’s already flipped from the low and is up by nearly 70%. I won’t chase at the top; I’ll enter more confidently on a pullback.
Long entry points: wait for a pullback to around 2.68–2.70 to scale in (ideally with a small bullish candle confirming support).
Stop loss: 2.52–2.55 (around the prior acceleration start point; a fairly solid support zone).
Take profit: First target 3.00–3.10 (sell half to lock in profits first), Second target 3.40–3.60 (hold the rest to bet on an extension).

Notes: Funding rate is still positive, so don’t use too much leverage (suggest 5–10x). Watch the 5-minute volume—if it suddenly drops and turns into a bearish selloff that breaks below 2.68, run first.
Overall the market (ETH, XRP, etc.) is pumping, giving it “life support,” and there’s still action in the short term.
This move is a meme-market driven by both sentiment and capital. The chart looks clean and strong, but volatility at the high end will increase.
Follow the plan—don’t get greedy.

$PIEVERSE
In 24 hours, it surged directly from 0.9460 to 1.2186—up 25%+—with explosive volume (23M+). The long bullish candle in the middle broke through all resistance levels in one go.

Now it’s consolidating sideways at a high level. It has been grinding back and forth in the 1.17–1.20 range. Clearly, there’s heavy pressure hanging at 1.2186 above, while below—between 1.15 and 1.10—there’s dense traded volume.

The funding rate is positive at 0.0379%, and bullish sentiment is still there. But in the short term, RSI is definitely overbought, and volume has already started to shrink.

Structurally, it’s still a strong bullish trend. However, after a vertical rally, this kind of high-level sideways consolidation also suggests the odds of a pullback aren’t small.

Someone in the community mentioned that a “big whale” sold off about 800,000 coins around 1.09, but it didn’t stop this FOMO wave.

I don’t see any particularly major negative/positive news—this is purely market emotion driving it.

Personal approach: short.
Now that it’s high up, it’s better to wait for a rebound before shorting.
Entry: short in batches in the 1.195–1.205 range (ideally if it comes up close to 1.20).
Stop loss: 1.26 (if it breaks the new high, exit decisively).
Take profit: 1.05–1.00 (take half first around 1.10, then hold the other half and exit at 1.05 if it reaches there).
Don’t use leverage above 10x—when shorting at high levels, be careful of being squeezed.
#DYOR

$ONG
Now 0.1148; from the high of 0.1605 it has already crashed down by nearly 30%. In the last 24h it is still +81%. The funding rate was driven straight down to a deeply negative -0.95%.
The volume is still huge. After that top breakout, there was a surge to the high with increased volume, followed by consecutive long bearish candles—classic pump-and-retrace plus a distribution rhythm.
The community is still the same as before: that hard fork + the news that the supply was cut to 800 million. No new catalysts.
Public sentiment is also saying that after the upgrade is implemented, people might start selling “the facts.” Short-term momentum is cooling off.

From 0.06 it went straight up to 0.16. Then at the high it formed long upper wicks + consecutive red candles that were crushed through, and now it’s stuck in a range around 0.11–0.12.
Downside: around 0.10 there’s a previous dense area. Upside: 0.12–0.13 is the resistance zone just hammered down.
During the pullback, the trading volume hasn’t fully contracted yet, suggesting the selling pressure is still there and it won’t stabilize that quickly.
Overall this looks like a technical correction after being overheated; short-term bias remains weak.

Personal plan: short
Entry zone: short on the rebound in the 0.118–0.122 range (best to wait for confirmation of a high-to-low rejection)
First resistance: 0.125
Second resistance: 0.135
Third resistance: 0.145 (mid-slope)
Stop-loss: 0.138
Take-profit: first target 0.095, second target 0.075; aggressive traders can place orders around 0.055

Control your position size—on coins with this kind of volatility, when it drops, it drops hard.
Strictly set your stop-loss. Staying alive matters more than anything.
Not investment advice—manage your own risk.
Adjusted—let it rip if it rips~ #DYOR

Last night’s U.S. stock market was a textbook “one-day trip.” The day before, the U.S. Treasury’s repo operation was a positive boost, pushing yields lower, and the broader market happily closed in the green. But overnight, it turned around and immediately bit back—every bit of the gains was completely wiped out.

The three major indexes all closed lower:
- Dow Jones: down 1.32%, closing at 52,759, a nearly 700-point drop in a single day
- S&P 500: down 0.87%, closing at 7,641
- Nasdaq: down 1%, closing at 26,067

It was one of the rare broad pullbacks in about a month, and the market’s panic sentiment was very strong.

First, U.S. Treasury yields rebounded quickly. The Treasury’s repo the day before was only a short-term stopgap and couldn’t really support the market. The mood “repaired” for just a day, then returned pressures in the bond market, directly suppressing risk appetite.

Second, the U.S. escalated sanctions on Iran, which pushed oil prices higher. The market’s biggest fear right now is an oil-price rebound reigniting inflation concerns. Any easing expectations that had just started to stabilize were immediately knocked back.

The biggest drag on the broader market last night was the consumer sector. The selling pressure was intense across the board: Walmart fell more than 9%. Its earnings were not actually bad overall, but weaker sales growth and conservative guidance for next year—combined with management’s direct remarks that high oil prices have already weighed on consumers—completely crushed sentiment in the sector.

Beyond that, both Boeing and Home Depot dropped more than 3%. Even TJX, which beat both earnings and guidance, couldn’t escape the selloff. This shows that investors are extremely bearish toward the consumer space right now.

As both stocks and bonds weakened at the same time, the market also showed clear divergence: crypto and gold completely ran counter to the trend, with a “bull run back-and-reverse” type of move:

- BTC held above 72,000, and ETH was even stronger, topping 2,300. The main catalysts were that Trump advanced the Crypto Clarity Act, and the market moved ahead to front-run expectations of regulatory clarity. At the same time, falling Treasury yields and spillover of bond-market funds helped lift sentiment across the crypto market.

- Gold traded in a narrow range near 4,530 all day and held solidly above the high levels seen since June. Lower Treasury yields reduced the opportunity cost of holding gold. The fundamentals provided strong support, and it was essentially unaffected by short-term swings in U.S. equities.

Summary:
Right now, the market is extremely sensitive to inflation. Sentiment is especially fragile—good news has very poor staying power, while bad news is much easier to intensify. For the short term, don’t overthink the noise; just watch two core variables: U.S. Treasury yields and the oil price trend. These two indicators directly determine market sentiment and direction for stocks, crypto, and gold.

$WMT $ETH $BTC

$WMT
This morning the earnings report came out. In the US, same-store sales growth was only 2.6%—the slowest since the COVID period. Although revenue and EPS beat expectations and the full-year guidance was raised, the Q3 outlook is soft. The pharmacy segment was also dragged down by医保 price cuts, and the market voted with its feet. The result was a nosedive: from around 114 at the previous close, it opened and plunged to roughly 103, down more than 9%. The entire move has mostly been driven by sentiment from this earnings report.

Market action now: it clearly gapped down and kept sliding lower with heavy downside momentum. Trading volume is higher, and short sellers are in control in the near term. The price has broken below the lower bound of the prior consolidation range. The short-term MAs are all in a bearish crossover and are pressing down; there’s no clear sign of a bottom. If a rebound can’t get back above the prior low, it’s likely to keep testing lower for support; but if it falls too fast, there could also be a technical dead-cat bounce.

My trading plan: short.
Currently around the 107 area, I’m shorting with a light position (don’t chase the drop—wait for a rebound into resistance to add more confidently).
Stop-loss set around 112 (if it breaks, I’ll admit I’m wrong and exit).
Take-profit in batches: take some off at 102 first, and leave the remainder for around 96–98.

Keep position size reasonable. Even though stock option contract volatility isn’t as crazy as meme stocks, earnings-driven sentiment can continue to hit it again after the report.
Watch the screen yourself—not investment advice. Have fun~📉

On the morning of August 20, the Shenzhen Intermediate People’s Court delivered a public first-instance judgment in the case involving Evergrande Group, Evergrande Real Estate, and Xu Jiayin.
The verdict is very clear:
Evergrande Group was sentenced for multiple crimes with one consolidated penalty, fined RMB 8.82 billion;
Evergrande Real Estate was fined RMB 7.0 billion;
Xu Jiayin was sentenced for multiple crimes with one consolidated penalty: life imprisonment without parole, deprivation of political rights for life, and confiscation of all his personal property.
All illegal proceeds will continue to be recovered; any shortfall will be ordered to be returned and compensated.
Years turn the hair white, and decades are added to one’s age.

$MAGMA
Currently around 0.23–0.24. In the last 24H, it’s still up more than +30%—the aftereffects of the main breakout wave.

The community is basically traders calling trades. Some people went long around 0.17 and already ate +40%. Now that it’s at the high end, some are starting to call for shorts. OI has clearly risen, and volume has also expanded—this is a pure capital contest with no fundamental catalyst.

Chart (1H/4H):
This move surged from the low directly with a big green candle, with volume blasting as it rose—typical momentum action. Now at the high end it’s starting to range sideways, with more upper and lower wicks. On the 1H, there have been multiple attempts where it spikes up and then pulls back. RSI is clearly overbought (short-term overheated). MACD histogram bars are starting to shrink. Price is still hovering at high levels, but the buying chase isn’t as aggressive as before. On the 4H, it looks like it’s testing the resistance zone near the earlier high. Below there’s a small support around 0.22, and further down is a dense area around 0.20–0.21.

The overall structure is still bullish, but after being overbought in the short term, it’s very easy to see a 15–30% pullback to digest floating profit.

Funding flow: Futures trading volume has exploded, and open interest is rising along with it. That suggests some people are adding leverage to chase longs, while others are also positioning shorts at the high end. For this kind of pure “lift” alt/perp without new stories, it’s easiest to quickly give back about half of the gains when there’s no new narrative.

Personal plan: I’m short.
Around 0.235 you can short with a small position right away, or wait for a rebound to the first resistance level before adding.
- First resistance: 0.245 (near the recent high)
- Second resistance: 0.255
- Third resistance: 0.27

Stop loss: 0.270 (if it breaks, it means there’s still momentum pushing higher—cut immediately)
Take profit: first look at 0.20, then 0.175, and the final target is around 0.12 (roughly giving back a bit more than half of this wave’s rise).

Take profits in batches—don’t get greedy. Keep position size within 5% of total funds. Don’t use too much leverage (5–10x is about right). Set a strict stop loss.
If the 1H breaks below the 0.22 support, the short side will be even more favorable.

The key driver of overnight cross-asset market moves is either the U.S. Treasury’s decision to raise the scale of long-term Treasury repo operations, or it has to do with that: long-end Treasury yields fall and the dollar weakens, which in turn boosts correlations across major asset classes.

In the U.S. stock market, the three major indexes edged higher and turned red slightly. Overall, the selloff appears to have stopped and the market is stabilizing, but sector performance is clearly divergent.

Moderna and Merck Sharp & Dohme’s (MSD) cancer-therapy Phase 3 data met the targets; Moderna then surged 13% in a single day, directly lifting the biotech and biopharma sector;

On the other hand, previously hot storage and optical-module hardware stocks saw capital cash out. Seagate, Western Digital, and Lumentum all fell sharply. Tech giants traded mixed, with Nvidia closing slightly lower; Tesla and Apple rose. The market is still waiting for the FOMC minutes to determine the pace of rate cuts.

- Gold: Benefiting from falling U.S. Treasury yields, longs stepped in aggressively. Spot gold surged sharply, peaking around $4,530. It gained more than 4% in a single day, breaking out of the recent trading range.
- Crypto: BTC pushed higher and broke above $70,000. ETH was even more dramatic, jumping 17%. In the past 24 hours, large volumes of short positions were liquidated, further fueling the rally. The positives include not only improving liquidity expectations, but also the rollout of the “Crypto Asset Regulatory Rules.” A small-amount token-issuance exemption gives the industry compliance certainty. Rumor has it that Trump urged people in an internal group chat to “Buy all crypto assets”—that’s the real inside story.

The source of the rally is fiscal-side intervention in the bond market: funds escaped from parts of the AI hardware space and flowed into pharmaceuticals, gold, and crypto assets.
Going forward, the key focus should be changes in long-end Treasury yields, as well as the interest-rate signals released in the FOMC meeting minutes.
$ETH

$TSLA
Tonight, during the trading session, it surged on news-driven momentum. The catalyst from the news is that Cybercab plans to launch manned operations in Austin this month. In addition, Semi has secured a large order. Capital is then trading around expectations for Robotaxi commercialization.

In terms of the price action: early on, there were consecutive small bearish candles used effectively to wash the market; floating shares were cleared thoroughly. Throughout the day, capital has seen continuous net inflows. Pullbacks found strong support right on the moving averages, with no deep sell-off or aggressive dumping. The short-term long trend is fully opened, with healthy volume-price alignment. Rebound momentum continues to release—this is a strengthening move driven by both news catalysts and the market’s long-side resonance. In the short term, bullish sentiment has fully recovered.

My personal trade plan: Going long
Entry price (current): 343
Stop loss: 336
First take profit: 354 (short-term intraday resistance; take some profits)
Second take profit: 366 (major swing-level resistance; take profit on most of the position)
Third take profit: 378 (the high-range for this rebound; fully exit)

Chasing the price—be mindful of position sizing risk. Profit and loss are your own responsibility; DYOR~

$XAU
8.18 Long-end US Treasury yields surge; the 30-year tenor touches 5.33%, a twenty-year high. Gold comes under pressure and dips to 4360, dropping sharply intraday.
Today, yields fall and the US dollar weakens. Combined with the US Treasury increasing the long-term debt repo size to 4 billion, liquidity expectations improve, and gold violently rebounds, surging to 4470.

August’s key logic: Nonfarm payrolls underperform expectations, inflation is moderate, and the probability of a September Fed rate hike declines. This is also supported by central banks’ continued net purchases of gold.
The main catalysts for this rally are stabilization in the bond market and repo-related positives.
Technically, gold shows a deep-V reversal. It breaks above the 4450 resistance level with increased volume; moving averages are in a bullish alignment, and indicators have not yet become severely overbought. Strong support lies at 4400, with deeper support at 4320–4350. Resistance is at 4480–4500, and upside targets are 4520–4550.
Tonight’s focus is the Fed July meeting minutes. A hawkish tilt could trigger a short-term pullback. The bigger trend remains bullish. With volatility rising, prioritize swing trades and avoid chasing at higher prices.

Personal view: Go long.
Current price 4450–4465: enter a small position.
Stop loss: 4415.
Take profits: 4500 (sell half) → 4530 → 4560.
After reaching the first take-profit, move the stop loss to breakeven. Then adjust position sizing based on the meeting minutes.
Profit and loss are your own responsibility!