币毒

To better understand what’s going on with SanDisk $SNDK and SK hynix $SKHYNIX , I’m planning to buy a ticket and go over to see how it really is with my own eyes. This kind of fluctuation is just like that “MEME” wave that didn’t get listed—if you made the wrong move, it’s genuinely suffocating and despairing.

As for why I didn’t go check out $MU , it’s because my U.S. visa application was rejected. I told them I’m a Micron shareholder and that I needed to go over to attend a shareholders’ meeting. But on the one hand, Micron hasn’t held a shareholders’ meeting recently; on the other hand, I ended up referring to Micron as Korea’s 🤡

Morning roundup: This morning the broad market is still showing a slight pullback. BTC is 64260, ETH 1901, BNB 592, SOL 72.6; the four major coins are basically all down slightly over the past 24 hours. The total market cap across the entire network is about $2.28 trillion, down 0.55% in 24 hours, while BTC’s market share has risen to 56.6%. In terms of momentum, it still looks more like a range-bound chop—don’t rush to chase. First, see whether BTC can regain and hold above the 64k area.

Let me talk about why I chose to take the side road back then and play the cryptocurrency market?

First of all, back then I didn’t just play crypto. I tried a lot of other things that looked like they could make money—anything that I saw or heard people say could make money. In short, everything that was said to be profitable, I tried it. Some things made money, others caused losses. I got exposed to the internet too early and ended up in the wrong tracks, different circles, and all kinds of betrayals and gamesmanship. That experience is also why, even now, I value sincerity a great deal when dealing with people.

Secondly, it’s because for kids like us—whose ancestors’ graves didn’t bring us any “good fortune,” and whose first birth didn’t land them in the right neighborhood, with no umbrella to shield them from the rain—we had to learn to slip into alleyways and find shelter when it rained. Would “clean money” really be handed to you just because you reach out your hand? The rules are the bottom line, not the ceiling. Within the red lines, you have to turn a side door into a passageway to the sky. Not only should you return home in fine clothes, but you should also make the mouths of those who laughed at us for being poor back then tie up in knots—so they can’t even get their words out.

There’s a saying in the investment world:
“If you don’t know who the ‘leek’ is, then you’re the one.”

After reading this question, people still playing with copycat coins in the current market should think about:
“When today’s trading market is dominated by US stocks, with $BTC and $ETH as secondary, where exactly is your opponent’s order book when you’re trading copycats?”

With the premise that playing copycats won’t work, your teacher firmly leads you to fight your way through the copycat market. So where are your profits—are they really your own, or are you just taking what you’re handed?

Many copycat projects control more than 90% and then cooperate with the so-called teachers to take your money together. This is an indisputable fact. After all, in this copycat coin battle royale, whoever cuts later will naturally end up with the job of washing up.

Cherish your life and stay away from copycat coins. (Current market)

Quick morning look: BTC 64629 (+1.1%), ETH 1910 (+2.6%), BNB 595 (-0.1%), SOL 74 (+0.8%). The total market cap across the whole network has returned to around $2.29 trillion. The market is still biased toward a technical rebound, with capital first flowing into major, well-followed names. Don’t rush to chase today’s highs—first, see whether BTC can hold steady at 64,000.

Want to start streaming, but there’s no momentum... this is so damn frustrating.

Crypto winter ❄️ Money is flowing in, but prices aren’t moving.

Avoid altcoins if you can. Take a look at the U.S. stock market TradFi sector’s “storage” three brothers $SNDK ,
$SKHYNIX , and $MU —volatility is on par with MEME. If you do it right, you’ll be the Great Emperor Yu Huang; if you do it wrong, you’ll end up a stray dog by the roadside.

As of early August, the best way to make money in the market right now is still: trading.

Morning news is here. BTC is at 63,966 dollars, up 0.8% in 24h; ETH is at 1,863 dollars; BNB is at 595.7 dollars; SOL is at 73.5 dollars. Total market cap across the whole network is $2.27 trillion, up 0.68% in 24h. The market still seems somewhat range-bound: BTC is holding around 64,000, and the major coins’ follow-through is only moderate, while small-cap sentiment hasn’t clearly warmed up yet. Today, first watch whether it can hold above 64,000—if it holds, we can talk about acceleration.

A quick look at the early session on August 4: BTC at $63,300—flat over the past 24 hours; ETH at $1,848, down 1.2%; BNB at $588, up 0.7%; SOL at $73, basically trading sideways.

The total market cap across the whole market is back around $2.25 trillion; BTC’s market share is 56.4%, and the capital still leans more defensive. My take is very simple: the overall market isn’t broken, but for altcoins to fully take off, it still needs one more step in terms of incremental inflows. Today, I’ll first watch whether BTC can keep holding above $63,000, then look at the next rotation.

August 3 Morning News: The overall market is slightly warm today. BTC $63,257, ETH $1,872, BNB $584, SOL $73; the four major coins are all up slightly over the past 24 hours. The total market cap across the whole network has returned to around $2.25 trillion. Liquidity conditions are still relatively stable, suggesting that the market’s risk appetite has not clearly weakened.

My take is that the market is still in a range-trading but upward-leaning rhythm. Don’t get carried away after a single bullish candle, and don’t lose position management while it’s moving sideways. First, watch whether BTC can continue to hold above $63,000. If it does, that’s when altcoins may have a better chance.

Morning brief, take a bite: BTC $62,777, 24h -0.2%; ETH $1,844, -1.0%; BNB $574, -2.4%; SOL $72.03, -1.2%.

Total market cap across the whole network is about $2.24 trillion. Today is still overall slightly choppy; major coins are modestly pulling back. Sentiment isn’t too bad, but it’s not the time to chase. First, keep an eye on whether BTC can continue to hold above $62k. If it can’t push higher, it will most likely keep grinding in the range.

Passing by, brother—give me a few收藏 points, welcome to observe the trading, please do not follow the trades.

August 1 Early News Report: The market first pulls back a step. BTC 62883 (-2.8%), ETH 1863 (-2.7%), BNB 588 (-0.4%), SOL 72.9 (-2.0%). The total market cap across the whole network is about $2.25 trillion, down 2.05% over 24 hours, but trading volume actually increased to $65.26 billion. On the news front, CoinDesk mentioned this morning that BTC is holding up against the July bearish factors, and in August it is likely to remain mostly range-bound. My understanding is: the main coin hasn’t crashed; sentiment is cautious—let’s first watch the consolidation as it digests the move.

I hit 10k on a single account. This time it’s all pure profit—the principal has been withdrawn. I realized that I’m just suited to quietly grind on my own. Every time someone follows/helps manage my trades, I feel pressure; once there’s pressure, my performance falls apart, and I start to deform/lose shape 🫠

Ran, wow this thing fluctuates a lot. I don’t understand it or I’m not familiar with it, so I just took a small taste and ran.

Want to leave ($SNDK ) and wondering what precautions should be taken? Brothers

Morning news in one bite: the total market capitalization across the whole network has returned to $2.29 trillion, and the market action is still somewhat strong. BTC 64653, +1.6% in 24h; ETH 1914, +0.95%; BNB 590, +3.3%; SOL 74.4, +1.6%. Alts haven’t fully switched over yet, but major coins are gradually recovering. Short-term sentiment is steadier than the past couple of days. Today, first see whether BTC can keep holding above 64,000, don’t chase too urgently—waiting for a pullback will be more comfortable.

It’s basically confirmed that it’s over now
Storage is falling—really, it’s no match for the copycat coins
No matter if it’s $SNDK or $SKHYNIX or $MU
After it’s over, you realize the outside is where the real storm rages
If big tech companies continue to cut their AI investment, the storage sector really has got to trap a lot of people 😭

Several friends around me have also been wiped out again. Previously, when they got wiped out after trading crypto, because they were familiar with the market’s rhythm, they were usually able to recover in a very short time. But this time it’s different—we got wiped out by the U.S. stock market.

How should I put it? The detours in life are never skipped. This time, the reason I managed to dodge this wave is that I had made a similar mistake before. After that, I realized that only the crypto market is my comfort zone—if I rashly enter other markets, I will inevitably have to pay tuition.

The essence of trading is to preserve your principal and, under safe conditions, increase returns. Some risks don’t need to be taken.