BTC tonight is calm and uneventful. 64,254, moved 1.08% in 24 hours. The $874 million USDT in trading volume—normally you wouldn’t even bother saying hello.
In *The Art of War*, there’s a line: first make yourself invulnerable, then wait for the enemy’s opportunity to be vulnerable. Translated, it means—first make sure you don’t die, then wait for others to make mistakes. If the market hasn’t given you a chance, don’t rush in.
The chart is quiet, but that doesn’t mean nothing is happening. It’s because most people are waiting—waiting until fear reaches its peak. Waiting for someone to crack, and then hand over the bloodied chips.
By the lamp, turning pages and turning pages, the more you read it, the more it feels true. My position is still alive—that’s already step one of winning. The rest—wait for time to deliver other people’s mistakes to you.
By the lamp, turning pages—the passage of time feels even slower than the market.
ETH current price 1,899—honestly, I don’t have much of a reaction in my heart.
Price is sitting on the MA5 at 1,899, but the MA5 and MA20 are almost flat between 1,899 and 1,904, suggesting neither buyers nor sellers have much momentum in the short term. RSI is 38.9—still some distance from being oversold, not extremely stretched, but clearly on the weaker side.
The MACD is arranged in a bearish configuration, moving below the waterline—this is suppression. The volume ratio is 0.0, with a severe contraction in volume. With a trading value of 287 million USDT, there isn’t even a decent amount of selling pressure, and it also can’t absorb the buy orders.
The Bollinger Bands have opened by only 1.8%. The upper and lower bands are 1,922 and 1,887. Price is oscillating around the middle-to-upper band, which looks like the late stage of a tightening range. Direction hasn’t been chosen yet, but the bearish signals are more complete.
My own take is: 40% chance of a drop, 40% chance of range-bound movement, and 20% chance of an up move. For an up move, you’d need to reclaim 1,904 with increased volume and stand firm above the MA20—right now, that’s not in place.
Key support is 1,869, a densely packed prior-low area. If that breaks, stop-loss orders are likely to rush in. Resistance is 1,919, the 24-hour high, which also corresponds to the Bollinger upper band.
My plan is: if it falls to around 1,869, and I see a volume-contracted rebound, I’ll try a small long position. Stop-loss at 1,850; target 1,904 to reduce exposure. If there’s a high-volume break below 1,869, I won’t chase—I’ll wait for the next confirmation signal.
Don’t let your position size get ahead of your judgment—I remember that.
It’s been ten years, and I’m still paying off debts.
$BTC 64,238, up 1.13% within 24 hours, with only 922 million U in trading. The order book is calm—nothing seems to have happened. The batch of coins that were lost in Mt. Gox years ago has been dug up again today. It’s older than every get-rich story I’ve ever heard. The price jitters for a moment, then crawls back to where it was. In crypto, memory lasts longer than you think. You assume the matter is over—but it comes back the very way it went, on some afternoon. At the position of 64,238, there’s no new story being told. It’s just waiting for that old account to be settled. I noticed that everyone is staring at the K-line charts—no one is watching where that batch of coins goes.
Lost for ten years, and the market is still acknowledging this debt.
At this level, 64,610, it looks like it’s about to break out, but the volume ratio is only 1.2—so I’m not confident.
The RSI has reached 70.6, which means it’s overbought. On the 4-hour timeframe, anyone chasing the price once it hits this level becomes fuel for someone else.
The MACD’s DIF is still above the DEA, and the MA5 at 64,171 is hugging the price—so the trend hasn’t really turned bad.
However, the upper Bollinger band at 64,434 is right overhead, and the bandwidth is only 3.3%—so it’s too tight to hold back momentum.
The key is volume. 64,610 is the 24-hour high. To break through it, you need expansion in volume—at least a volume ratio of 1.5 or higher.
Right now it’s only 1.2, which isn’t enough.
If it pushes hard, the most likely scenario is a fake breakout, followed by a pullback to 63,644. If that level can’t be held, the next support is the Bollinger middle band at 63,383, which is also where the MA20 is.
For ETH it’s even clearer. RSI at 56.1 isn’t weak. The volume ratio is 1.6, and volume did increase—yet the price didn’t move. Volume-expansion with stalled upside suggests that someone is distributing/offloading.
ETH/BTC is at 0.029531, and the capital hasn’t really come back.
My idea is: pull back to around 63,383 to go long, set a stop-loss below 62,500, and target 65,329. If it gives the entry, I’ll trade; if not, I’ll wait.
As long as there’s no breakout volume at 64,610, I’ll wait for the pullback.
1901—looks like it might push higher, but the volume is only 0.6; I’m a bit wary.
A shrinking-volume climb is the worst scenario when you fear that a single bearish candle could wipe everything back. MACD is bullish and RSI is 60.1—technically it does look strong. But without volume, any “strength” is just an illusion. The Bollinger upper band at 1915 is right overhead, and the bandwidth is only 2.6%, squeezed tightly—there’s a real chance it’ll choose a direction at any moment. If it breaks below 1891’s MA20, then the next level is 1889’s MA50. After that, the zone from 1854 to 1860 is the place where the real bulls’ stronghold is.
On the upside, 1931 is pressing with two layers of resistance—the prior high and the integer round-number level are stacked together. Without volume, it can’t clear that area. Support at 1854 is where price has repeatedly tested over the past few days without breaking. The key is: if it really drops there, my long position would have already been stopped out.
So my plan is: buy on the pullback from 1889 to 1891, set a stop loss at 1850, and the initial targets are 1925 to 1931. What signal am I waiting for? Either a 15-minute breakout with increased volume above 1931, or a pullback that doesn’t break the moving average and then a push higher. Chopping on low volume in this area is the most uncomfortable situation. I may also be wrong—if it directly breaks through 1889 with strong volume, then I’ll accept it.
Place the order, make sure the stop loss is set, and don’t manually tinker with it again.