链上猎豹手记

$ETH Precision take-profit at 2535 — what to do next
A simple recap of today’s $ETH move.
@链上猎豹手记
Around 2535 is a clear resistance level. When price reaches this area, take profits and lock them in—don’t be greedy for the last bit. Many people end up losing because when they hit the resistance level they keep expecting it to rise a little more, and then profits get given back, turning into a loss.

Although once the resistance above is broken, it’s only a matter of time before it taps 2600, before that happens it will most likely consolidate around 2510–2520 first, digesting the selling pressure, and then push toward 2600.

Here’s something interesting: a “huge whale” has exited. In the past month alone, losses totaled $5.25 million. Funds at this scale can’t withstand volatility, so cutting losses is usually a sign that short-term sentiment has reached a critical point.@币安中文社区

The trading logic is very clear: if there’s a pullback to around 2500, continue going long, with a target of 2600. As long as the trend hasn’t broken, pullbacks are opportunities to get on board—not moments for panic.

The market always has a lag: when news comes out, it doesn’t react instantly. By the time retail traders have figured it out, the move is often already halfway over.
#中国反对美国拟加征7.5%关税 #韩国央行加息25基点至3% #XRP领跌加密市场跌近7%

perpDEX sector—should you wait and watch for the “bottom left behind” ones to move?
@链上猎豹手记

The perpDEX track has seen clearly visible momentum lately: the two major tokens, HYPE and LIT, have both refreshed their all-time highs. Meanwhile, $ASTER in the same track is still stuck at the bottom and hasn’t moved at all.
Putting aside user activity and on-chain data—just looking at price positioning—ASTER is now obviously undervalued by the market.

Why does the whole sector rise broadly, yet it doesn’t move?

The core issue is too much overhead supply.

A lot of Chinese-speaking retail investors entered early due to the news, and a large amount of shares are held by retail.

To start a run, it likely needs a truly thorough shakeout to flush out the floating supply before the main force is willing to pull it up.

I also hold a bit of ASTER. In terms of mindset, I’m already prepared to spend time—I don’t expect an immediate explosion. I’m just waiting for the opportunity after the shakeout.

One more thing to mention: $AVNT . It’s also tangential to the perpDEX narrative. It has been ranging and consolidating at the bottom for a very long time, with chips constantly exchanging—basically a “hidden” candidate where the market could be ready at any moment.
While peers in the same track have all made new highs, these two are still hiding at the bottom. Whether they can catch up and play a catch-up rally mainly depends on whether the shakeout can be done properly.
#中国反对美国拟加征7.5%关税 #韩国央行加息25基点至3% #美元创近四周最大涨幅 #Shein据报港股IPO定价约48.56港元

After watching the @CZ conference speeches, let’s talk about what the real mainline direction for the next bull market will be!

#CZ
Just finished reading through all of CZ’s remarks at the conference. There are quite a few viewpoints worth carefully thinking about. Today, I’ll briefly chat with friends in the square about my own understanding.

First, he frankly said he can’t accurately predict the next bull market’s breakout hot spot, but he is clearly bullish on two sectors: RWA and AI. Meanwhile, the old narratives will continue to ferment.

Especially when he mentioned that the development of RWA exceeded his expectations, it shows that asset tokenization isn’t just its own separate trading theme. In the future, it will also feed back into $BTC , bringing incremental capital from the U.S. stock market into the mysterious market.
On the contrary, many retail traders may interpret it too directly: “As long as you buy coins related to RWA and AI, just close your eyes and buy.” I don’t think it can be understood that simply. Being bullish on a sector doesn’t mean all related small/mid-cap coins will fly. The sector is the big direction; in the end, only a small number of top-tier projects will run.
#RWA
He also mentioned that the industry’s diversification is actually a good thing for the big narrative. The rise of other public chains and other sectors won’t weaken the position of the big narrative—in fact, the value of the big narrative in the future could surpass gold. But this requires policy-level shifts at the nation-state level, and it will take a very long time.

Regarding $BTC ’s position, he also said there’s no need to wait until 25 years to break through the 1 million mark—provided that the industry rolls out more real, practical applications. It can’t rely only on speculation about expectations.

Compliance has also been brought up repeatedly. Although global regulatory progress is fraught with obstacles, overall it’s moving forward.
@Square-Creator-f2d32c0fe5247
To sum up, the major direction is already indicated: “RWA and AI will be the main acts of the next bull market.” But don’t blindly chase all kinds of coins that merely ride on buzzwords. Focus first on the tokens with real business implementation. What the market is looking at is the long-term trend of a sector, not just short-term sentiment stirred by a single line of hype. #牛市

The real DeFi leader usually speaks with cash flow only $UNI —this one really is money being burned.
Recently, Uniswap V4 delivered an impressive set of data: weekly fee revenue hit a historic high, reaching $15.2 million over 7 days.

There’s a saying that’s quite to the point: in a bear market, you should see whether a project is willing to keep working; in a bull market, you should see whether it can turn user traffic into real revenue. For protocols with real barriers, you can’t get around the core of cash flow. #UNI

This year, it spent $28.4 million to buy back and burn $UNI , and the amount burned also set a new high. When the full bull market cycle starts, the protocol’s trading volume should further explode, and the buyback intensity will likely keep increasing—UNI can easily move into a positive flywheel. @Square-Creator-f2d32c0fe5247

Right now, most retail investors in the market are still complaining $UNI can’t move up; they jokingly call it a “shitcoin.” Actually, this scene feels familiar. When HYPE dropped to around 20, the market was also full of bearish sentiment. Later, when the trend turned, the same group that started out singing “sell” began singing “buy.”

At the same time, it has also ridden the RWA wave. The on-chain tokenized stock trading volume from its collaboration with Robinhood has already surpassed $1 billion. The next target is to move toward the trillion-dollar level—tokenizing traditional assets will bring it an entirely new wave of incremental upside. #RWA浪潮

On the chart, after a long period of decline, it’s currently in a bottoming-and-building phase. The fundamentals have already started to improve—now it’s just a matter of waiting for market sentiment to catch up so value can be realized. #defi @币安广场

$TAO , an underlying signal that can’t be avoided in the AI encryption track!
One of the most worth long-term lurking and tracking in the AI space right now is this signal: $TAO . In the market, AI-concept stocks are being hyped to the sky, but most projects are still stuck in the story-telling stage. Truly having technical underlying support is rare. What TAO is doing is decentralized AI compute power network. In simple terms, it connects globally distributed compute resources, so that AI models can perform distributed training and inference on-chain. #TAO

Just look at it: on the current Bittensor network, quite a few AI applications are already running, and the ecosystem is gradually expanding. The long-term big direction of the AI track is solid—what matters is who can truly implement the technology. TAO is currently one of the most solid infrastructure options in this sector.

#Aİ In terms of price action, TAO is a high-volatility coin. When it rises, it explodes strongly; when it pulls back, the pullback can also be substantial. From a larger-cycle perspective, it is still consolidating and digesting in the bottom range right now. It suits brothers with patience to build positions.

Its market cap is not small compared with those AI coins that are purely hype-driven. But if the AI track truly kicks off in the next bull run, as a leader in underlying infrastructure, the upside potential is still worth expecting.

The market is once again validating the cheetah’s ultimate control of direction—sharp as a psychic in a dog’s belly.

$ZEC Ever since the cheetah posted a bullish ZEC article in mid-July, it has never again seen a trend-changing crash; it has been pushing steadily toward better days.
Next, the cheetah will continue laying low and setting up an ambush for AI blue-chip coins that can rise more than 100%. If you want to avoid missing the best strategic entry points in this market cycle, leave your mark in the comments section below.

After the battering from the U.S. stock market, the mainstream’s range-bound shakeouts, and the altcoins getting trapped, the market now urgently needs a leader. So the cheetah will, based on my current personal analysis of the market, as well as both news sentiment and technical signals from the charts, identify which coin is most suitable to position before this year’s bull market begins.

@Square-Creator-f2d32c0fe5247

#比特币受阻于81000美元50周均线 #Solana现货ETF累计净流入创纪录12.2亿美元 #BTC触及80000美元 #ZEC突破关键阻力涨75.5%

Oversold rebound? $HANA 3 days low-bid accumulation, strong bullish confirmation on increased volume
I’m firmly bullish on this market rebound and repair. I’ve already entered long positions. The targets could be 0.025~0.03~0.04. Take profit in batches, and stop-loss if it breaks below the new low.

$HANA is a coin that’s deeply oversold. In the earlier period, it had a long, steady downtrend with persistent bearish momentum. Over 30 days and even across the year, the decline has been taken to the extreme. The selling pressure from the bears has already been fully released. The retail traders who should have cut loss have basically all been harvested already, and the bottom bag holders’ supply is very clean.

Looking at the recent chart, you can clearly feel signs of a turnaround. The 4-hour K-line shows a strong upward trend. The intraday push has also been sufficiently strong. And personally, I’ve just noticed that “smart money” and whale addresses have quietly started accumulating at low levels. This is absolutely not a retail-driven self-rescue pattern.
#hana
Also even if there is some near-term unlocking, don’t be afraid. This is such a small release volume that it’s too tiny to create serious sell-off pressure on the order book. What you’re seeing now is a healthy pullback and washout.

Moreover, overall market liquidity has warmed up—major players are holding steady. Meanwhile, altcoins are rotating to catch up. $HANA has just exited the bottom zone. This is the classic setup of low risk at low levels with a high reward-to-risk ratio.

@Square-Creator-f2d32c0fe5247 Small-cap coin market pain is torture—sideways and washout behavior is completely normal. Don’t let short-term price fluctuations shake you out of your position. If you can’t nail down the timing, you can follow my approach for the long term.

Follow the trend to capture opportunities at low levels.
Holding onto profits purely by mindset is hard.
Come here and steadily eat the main upswing.
#BTC触及80000美元 #山寨币热点

Big trends or buying on dips—but everyone remember, at the end of the month $BTC conference, be careful and keep an eye out, as a sudden sell-off could happen.

As for BTC, the 81888 resistance hasn’t been reached yet. That stretch of sell pressure from 81888 to 82888 is pretty heavy. It needs to break through quickly in one go; only then will there be a chance to push toward 100,000.

If it gets stuck there and can’t move up, then it’ll just range and grind, and it might even drop back to the starting point.

Support levels for everyone are in several tiers: for traders who are bold on the short term, look at 79588; for strong-bull defense, 78388; and to protect the larger bullish picture, the bottom line is 76688. As for 75,000—don’t wait for it in the near term.

Meanwhile ETH is a bit underwhelming: it tried to break out three times at 2538 and was knocked back every time, and it still can’t reach 2600. For pullback support, look at 2425–2367. The dip-buy level everyone’s been eyeing at 2288 still hasn’t presented a chance.
@Square-Creator-f2d32c0fe5247

#BTC触及80000美元 #油价维持跌势 #韩股KOSPI200夜盘期货跌1.77%

Many people simply treat $BNB as a platform token. In fact, it’s benefiting from the entire ecosystem.

There are two main reasons supporting $BNB : the real demand generated by exchanges, and ongoing buybacks and burns that keep reducing the total supply.

The platform also won’t casually sell BNB for cash. Instead, it keeps finding new use cases for it through Launchpool, trading fee discounts, and the on-chain ecosystem—so retail users can capture the upside.

Put simply, $BNB is more like an entitlement asset tied to the platform’s cash flow. As long as trading volume, users, and the ecosystem continue expanding, it has the confidence to perform. In the future, it will also move into U.S. stocks, commodities, and prediction markets, aiming to build a super financial platform—creating long-term benefits for BNB.

My take: for large capital allocations, after getting BTC and ETH, if you want to chase higher returns, you may want to focus on BNB. In the next bull cycle, there’s a chance it will outperform both.
@Square-Creator-f2d32c0fe5247

#BTC触及80000美元 #ZEC突破关键阻力涨75.5% #黄金触及4700美元结束六个月回调

AI is absolutely the main storyline of the next bull run’s copycat wave.

I think AI Agents will be one of the three major storylines of the next copycat boom, but not every coin will pump together. In the end, only an estimated 3–5 will really run.

The key is whether there’s real traffic, whether it can make money, and whether the token can capture the revenue.

In the previous AI cycle, WLD was pumped first; then FET and ARKM exploded in turn. Finally, this batch of AI16Z inflated the bubble to the limit and ended it.

When the bubble bursts, it doesn’t mean the sector is dead—only that the bad projects get washed out.

This round’s Web3 AI logic is more solid than the last one. AI Agents can take wallets, take stablecoins, and automatically make payments. The intersection of AI and crypto is exactly here.

Right now, the total market cap of the entire AI Agent sector is only 2.95 billion, which clearly means it hasn’t been炒作 yet.

As for positioning: Focus on fundamentals: $TAO + $VIRTUAL + $VVV . For higher upside (high elasticity): VIRTUAL + FET + KITE

It’s also not a blind rush—only choose the ones that truly have substance; most will still be eliminated.
@Square-Creator-f2d32c0fe5247

#BTC触及80000美元 #油价维持跌势 #ZEC突破关键阻力涨75.5%

$FIL Make an counterintuitive decision—thinking of playing around with some FIL
To be honest, the current inflation-and-dump in this coin is really brutal. In a little more than 10 days, it has already released over 360 FIL, averaging about 360,000 per day being dumped outward. The block rewards are continuously being sold. With this kind of selling pressure—if it still hasn’t moved further down yet, that’s already giving it quite a bit of face.

With my small position, I’m going long. It’s basically a bet that after the 19th—after the 14th—the daily release will drop directly to around 60,000, the inflation will be cut by 6x, and the circulating supply ratio will exceed 40%.

If I happen to catch the timing when the ecosystem comes out with something, then there might be an opportunity for hype. Otherwise, nothing will help.

To put it plainly: the contract itself is basically gambling. My trade is a bet on a timing turning point—not a stubborn long. I’ll only test the waters with a light position $FIL

@Square-Creator-f2d32c0fe5247

#BTC触及80000美元

$SOL This wave is no longer just a copycat-market play.
Right now, BTC is still generally ranging; overhead resistance hasn’t broken through yet, but SOL has clearly already moved.

This rally is strong—not only because SOL itself has high liquidity/elasticity, but because the market is trading a certain expectation: whether the SOL ecosystem will continue to expand, and whether it will draw more capital from BTC and ETH.

Watch the charts. SOL’s price action has been far stronger than many old “copycat” plays. In the recent breakout, volume has also kept up, which suggests it’s not just a simple pump-and-dump, but that real money is building a trend inside.

That said, note that SOL has already risen for a while now, so it’s not suitable to chase right at the top.

For coins showing this kind of strength, either wait for a pullback to key support to see how well it holds, or wait after a breakout for a retest that doesn’t fail—don’t force a buy when prices are spiking.

Next, focus on two things:
First, $BTC whether it can continue to hold steady without a major pullback.

Second, whether this strong SOL momentum can spread to the entire ecosystem sector.

If BTC doesn’t collapse and SOL can keep generating positive “money-making” effects, then the altcoin market might stay active for a while longer. But if BTC suddenly drops, coins like SOL—with such high elasticity—can retrace very sharply.

My personal view: SOL is one of the strongest directions in the current market, but don’t blindly chase; wait until the structure is clearer before taking action—it’s safer.

@Square-Creator-f2d32c0fe5247

#BTC触及80000美元 #油价维持跌势 #ZEC突破关键阻力涨75.5%

$BTC The real big trend never only gives you one chance!
Most people have a misconception when trading contracts: they always think, “If I didn’t catch the absolute lowest point and missed the first wave, then this round is completely no longer an opportunity.”

But that’s not it. A true trend market will repeatedly present you with opportunities to get on the train. Our trend from July to August is the best example.
#黄金反弹站上4600美元
Let’s talk about the July wave first. Back then, when BTC dropped to around 57,800, no one online dared to enter. Everyone was afraid there would be one last drop. But my thinking was simple: the big direction was already clear, the time window was also in place, and the risk-reward ratio was still attractive—so I could build my position in batches from the left side.
$SOL
Left-side trading doesn’t aim to buy at the absolute bottom; it just aims to buy within the “safe zone.” As long as the price-to-value is high enough, that’s fine. After that, the market directly surged to 69,000, and I simply held onto the profit.

When it reached 69,000, I stated clearly that there would be a pullback. The key time point I focused on was August 17.

But the market is so frustrating. Even when the time point arrived, it didn’t instantly V-reverse. Instead, it just kept trading sideways at low levels. Many people were confused here, thinking the time window had failed.#比特币周涨23.6%

The core logic behind my trades is: the time window is only a reminder to closely watch and focus your attention—it doesn’t mean that at the exact moment it must go up or down. Without confirming signals from the chart, I will never force my way into the market.

So at that time, I directly gave the right-side entry standard: only when price holds above 65,400 can it be considered that the adjustment is over, the trend has restarted. After that, the market smoothly broke out—this is the classic right-side “sure-win” opportunity, and it once again gives everyone a chance to get on the train.
$ETH
Let me summarize simply: “In July, the left-side had the advantage of a low price, a favorable cost basis. The downside is that you have to endure some uncertainty.” For this up move that started from 57,800, the rally likely hasn’t finished yet. But—right now, the difficulty of entering is far greater than in July and August.
#ZEC突破关键阻力涨75.5%
The closer you get to the key time window in September, the stricter the requirements are for entry levels, position sizing, and stop-loss.

If you currently have no position, don’t rush to act. You can wait for a small pullback to look for a steadier short-term setup. And absolutely don’t, just because you missed the earlier move, force trades that don’t fit your own system—that is the real root cause of losses!#BTC触及80000美元

@Square-Creator-f2d32c0fe5247

Understanding the direction ≠ finding the right entry point: Why I was bullish in April, but only acted in July

Many people in trading easily confuse two things: getting the big direction right doesn’t mean you can enter at just any price. $ETH

Long-term logic helps determine whether a sector is worth paying attention to, but what trading really needs to solve is: when to make the move. Many retail traders fall into a “two-choice” mindset—thinking that if they are bullish long-term they can buy anytime, and if they are bearish long-term they can sell anytime. But the market is far more complex than that.

My trading logic can be summarized in three points: macro/policy fundamentals lock in the big direction, time horizons remind us to stay alert, and the price structure ultimately confirms whether it’s the right time to enter. All three are indispensable.

By late April this year, the policy-driven storyline had gradually become clear. I saw opportunities ahead, but the technical picture showed that the correction wasn’t over yet. At that time, I judged that the suitable entry window would at least be in the third quarter.

It wasn’t until early July that the time window arrived as expected—$BTC had fallen to around 57,800. Back then, the market mood was completely the opposite of today. People were afraid of missing out back then, while everyone was worried that another big drop might come.

You don’t need to obsess over whether you can buy at the absolute lowest point. Even if prices go lower later, as long as the risk-reward ratio is appropriate right now, you can build a position in batches. You don’t need to chase and go all-in with one big bet.

The July setup wasn’t because I suddenly became optimistic. April had already confirmed the big direction; it was just that only in July did the time and price conditions fully meet, so we entered our “hitting zone.”

Following market sentiment and doing momentum-chasing trades, versus patiently waiting for your own opportunity—those are completely different things. Spot the trend, but you also need to have the patience to wait for your specific entry point.
#BTC触及80000美元 #ZEC突破关键阻力涨75.5% @Square-Creator-f2d32c0fe5247

Has the bear market already ended?
$ETH

What if I bought too little before?

I completely missed this round—can I still get on board?

I really understand this kind of emotion. After all, over the past eight years, I myself have also missed countless waves of the market. Because I’ve been caught in the rain, today I’m writing this article, and it’s also like giving these brothers who are currently quite anxious an umbrella.

When the market keeps falling, the biggest enemy for people is FUD—fear. But once it truly starts rising, the biggest enemy becomes FOMO—fear of missing out.

$BTC
Especially when you open the trading app, see BTC, ETH, and a whole range of crypto-related stocks rising one after another, while your position is light—or even you’re on a car going in the opposite direction—that kind of anxiety can be amplified multiple times:

“If I don’t buy again soon, will I really never get the chance?”

Today I can tell everyone one thing with certainty:

No need to rush—there’s still an opportunity.

You may have missed part of the recent行情, but I don’t think you’ve missed the entire cycle.

A trending market won’t only give you one chance to get onboard. The行情 since July 1 shows this clearly: after July 1, when the low point appeared using Gann time, the price rose to 66,900 and then pulled back. August 17 was another Gann time low point, but because it was a period of consolidation, it couldn’t be judged the same day. After that, BTC broke above the observation point at 65,400, and on the right side confirmation, it was clear that the correction had ended.

So instead of rushing to chase a bullish candle that has already run up, you’d better first think through a few more important questions:

$SOL
Why did this round of行情 rise?

Where are we in the cycle right now?

What exactly has changed in the main policy storyline?

And where might the next position that’s truly worth betting on be?
@Square-Creator-f2d32c0fe5247
#BTC触及80000美元 #ZEC突破关键阻力涨75.5% #比特币未平仓合约降至两月低点

$ETH Breaking new highs is possible, but it’s not a matter of rushing in right now.
This leg up mainly came from short-squeeze + sentiment getting炒热. With so many consecutive pushes, there are tons of people holding profits who can bolt and dump at any time. Chasing in at this position is very risky. Most likely there’ll first be a drop or a choppy range to shake out the less determined holders, and only then does a new-high attempt become plausible.

Whether we can actually touch a new high mainly depends on two things:
First, BTC can’t break down. ETH mostly follows the broader market too—if BTC doesn’t hold, ETH won’t truly fly on its own. @Square-Creator-f2d32c0fe5247
Second, ETF capital needs to keep flowing in steadily. New highs can’t be sustained by retail enthusiasm alone.

Two realistic scenarios:
1. If, during the pullback, key support levels hold and capital keeps coming in, then after the adjustment finishes there may be a chance to go test new highs;
2. If capital gradually withdraws and the overall market weakens, then this move is just a bigger-than-usual rebound, and new highs will remain out of reach.

Don’t let a big green candle blow your mind. Don’t bet that new highs will be broken immediately. If it really does play out, there will be plenty of chances to get on board—hard-charging at high levels can easily get you trapped.
$BTC
$SNDK

Arthur Hayes came out and shouted $ETH , saying it’s about running ahead of the broader market—his words still carry some weight. After all, he’s the founder of an exchange, not some random person who just shouts.
I just took a look at the ETH giant whale data, and to be honest it feels a bit exaggerated: 665 whales are going long, with a position of $1.67 billion. 89% are in profit, with an unrealized gain of $124 million.
@币安中文社区
On the other hand, there are only 245 whales shorting; they’re down nearly $20 million. The long-to-short ratio is 4:1—basically the longs are crushing the shorts unilaterally.

There’s also a whale that directly opened a $71.8 million long position: $BTC +$ETH . Last week, Strive also swept 1,110 BTC
Putting it all together: the big-name’s call + whales backing it up with real money longs + institutions hoarding coins—those three signals line up, and for BTC, the next-term move is very likely still upward.
@Square-Creator-f2d32c0fe5247
I personally entered a long at 2440, targeting 2500. I just took partial profit on 4,333. Now I’m watching the 2500 level—if it breaks, then we’ll see.

Where do you think this wave of Ethereum can go?
#以太坊ETF批准预期 #ETH

$ETH afternoon in the chat gave the long position entered around 2440. It has now reached the target at 2500. Followers who followed the strategy have already taken profit and grabbed a big chunk.
If you didn’t follow in, don’t feel discouraged either— the cheetah will continue to provide strategies in the later stage.

#黄金反弹站上4600美元 #标普500期货下跌 #三星跌8.97%拖累KOSPI跌3.24%

$PROM started switching to short already? Have you grasped the top “get-rich-quick” coin?
The coin that “Cheetah” talked about starting long back in July at around 1.75 has now risen to 3.9. Along the way, it has nearly delivered a 122% spot gain without leverage. Even if you opened with 100 USDT and used 10x leverage, the profit would be 1,220 USDT.
@Square-Creator-f2d32c0fe5247
At the time, the forecast was that it would top the future gains leaderboard—if it really went up to become #1 on Binance’s gains leaderboard!

Then why is “Cheetah” saying it’s starting to switch to short right now? First, because the layer sector has already pulled against the trend to this level, and it’s basically about there. Second, the previous coins in the same layer sector all had the same kind of走势. So $PROM won’t be an exception either.

@Square-Creator-f2d32c0fe5247 So everyone can try a short position with a small size. Stop loss: if it breaks above the new high. Take profit: you don’t have to set it in advance. Small position, big meat!!!

#标普500期货下跌 #布伦特原油跌1.87% #Solana启动治理投票拟通缩率翻倍