UKong
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UKong
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$BTR
This is an old friend of mine—we’ve both lost and profited before, but things have changed now, brothers~
Earlier, it drifted lower step by step from the 0.22 high, then suddenly a massive bearish candle smashed it down through to 0.08226, accompanied by huge volume—classic liquidity hunting.
After hovering in the low range of 0.08–0.10 for a while, the shorts even felt it was stable… then it immediately surged with a large bullish candle back to around 0.17, with volume keeping up—very strong V-shaped reversal vibes.
Currently it’s stuck around 0.172; the 24h high is at 0.17491, and it could test again at any moment.
In terms of structure, 0.16 is the most critical support right in front of us. If it holds, it can keep pushing higher; if it breaks, it may easily slide back to 0.14, or even 0.10—the prior consolidation zone.
For overhead resistance, first watch 0.175–0.18; once it clears, it should directly target the previous highs around 0.20–0.22. Short-term sentiment is a bit bullish, but don’t chase at this 0.172 spot.
Personal plan: Long
Entry: The 0.158–0.165 range—split entries to go long in batches.
Stop loss: 0.138
Take profit: First target 0.198–0.205, second target directly at 0.22–0.25.
If it breaks 0.138, accept defeat and leave—don’t hold on. Control your position size; don’t go all-in on leverage.
This is an old friend of mine—we’ve both lost and profited before, but things have changed now, brothers~
Earlier, it drifted lower step by step from the 0.22 high, then suddenly a massive bearish candle smashed it down through to 0.08226, accompanied by huge volume—classic liquidity hunting.
After hovering in the low range of 0.08–0.10 for a while, the shorts even felt it was stable… then it immediately surged with a large bullish candle back to around 0.17, with volume keeping up—very strong V-shaped reversal vibes.
Currently it’s stuck around 0.172; the 24h high is at 0.17491, and it could test again at any moment.
In terms of structure, 0.16 is the most critical support right in front of us. If it holds, it can keep pushing higher; if it breaks, it may easily slide back to 0.14, or even 0.10—the prior consolidation zone.
For overhead resistance, first watch 0.175–0.18; once it clears, it should directly target the previous highs around 0.20–0.22. Short-term sentiment is a bit bullish, but don’t chase at this 0.172 spot.
Personal plan: Long
Entry: The 0.158–0.165 range—split entries to go long in batches.
Stop loss: 0.138
Take profit: First target 0.198–0.205, second target directly at 0.22–0.25.
If it breaks 0.138, accept defeat and leave—don’t hold on. Control your position size; don’t go all-in on leverage.
8.31
- US Stocks 📈
All three major indexes closed lower, a typical end-of-month institutional rebalancing and big-sector rotation session.
The Dow fell 0.70%, the S&P 0.33%, and the Nasdaq 0.12%.
Value stocks saw a clear sell-off, while growth held up relatively better. Risk-avoidance plus rotation characteristics were extremely pronounced. Driven by the increased tensions in the Middle East and a surge in oil prices, capital flowed heavily into the energy sector, which became the only main storyline throughout the day.
Rate-sensitive utilities and communication services led the market lower, with high-level defensive funds concentrated into taking profits. Large technology bellwethers fell overall under pressure, but sub-sectors related to AI computing power and storage chips strengthened against the trend. There was significant internal fracture within the sector, suggesting that money is not exiting AI—it is simply switching from broader tech weights to the concrete hardware computing power “real deal” track.
Although all indexes closed down on the day, the major indexes still ended August higher overall. This end-of-month pullback is more about institutions smoothing positions and locking in monthly gains; panic sentiment was nearly absent, and the overall atmosphere was one of watchful waiting. The market is fully waiting for the Non-Farm Payrolls data to set the direction of September interest-rate policy.
Computing-power chips and Tesla, both rebounded against the trend, rising 5%+; this indicates that short-term funds still prefer high-volatility growth targets.
- Gold
Gold pulled back from a high level for consolidation. It was slightly down during the day, trading around 4435.
Rising geopolitical risk sentiment supports gold prices, but US Treasury yields rebounded at the same time, directly capping upside room. High-level longs took small profits in a concentrated manner. Overall, this is a normal pullback within a strong trend; the trend has not been broken, and price action remains choppy at high levels, building energy.
- BTC
Bitcoin traded in a narrow range, edging up slightly. Daily swings were minimal, and it closed up modestly over the last 24 hours, around 78520.
It fully follows the macro “wait-and-see” sentiment: it neither tracks the US stock market’s pullback nor actively boosts. Trading volume remains subdued. The market is currently in a directional dead zone, waiting for the Non-Farm Payrolls data to break the range—there is no independent trend in the near term.
The market’s only key focus: this Friday’s Non-Farm Employment data will directly determine the September rate-cut expectations, US Treasury yield direction, and the short-term direction of major asset classes.
$XAU
- US Stocks 📈
All three major indexes closed lower, a typical end-of-month institutional rebalancing and big-sector rotation session.
The Dow fell 0.70%, the S&P 0.33%, and the Nasdaq 0.12%.
Value stocks saw a clear sell-off, while growth held up relatively better. Risk-avoidance plus rotation characteristics were extremely pronounced. Driven by the increased tensions in the Middle East and a surge in oil prices, capital flowed heavily into the energy sector, which became the only main storyline throughout the day.
Rate-sensitive utilities and communication services led the market lower, with high-level defensive funds concentrated into taking profits. Large technology bellwethers fell overall under pressure, but sub-sectors related to AI computing power and storage chips strengthened against the trend. There was significant internal fracture within the sector, suggesting that money is not exiting AI—it is simply switching from broader tech weights to the concrete hardware computing power “real deal” track.
Although all indexes closed down on the day, the major indexes still ended August higher overall. This end-of-month pullback is more about institutions smoothing positions and locking in monthly gains; panic sentiment was nearly absent, and the overall atmosphere was one of watchful waiting. The market is fully waiting for the Non-Farm Payrolls data to set the direction of September interest-rate policy.
Computing-power chips and Tesla, both rebounded against the trend, rising 5%+; this indicates that short-term funds still prefer high-volatility growth targets.
- Gold
Gold pulled back from a high level for consolidation. It was slightly down during the day, trading around 4435.
Rising geopolitical risk sentiment supports gold prices, but US Treasury yields rebounded at the same time, directly capping upside room. High-level longs took small profits in a concentrated manner. Overall, this is a normal pullback within a strong trend; the trend has not been broken, and price action remains choppy at high levels, building energy.
- BTC
Bitcoin traded in a narrow range, edging up slightly. Daily swings were minimal, and it closed up modestly over the last 24 hours, around 78520.
It fully follows the macro “wait-and-see” sentiment: it neither tracks the US stock market’s pullback nor actively boosts. Trading volume remains subdued. The market is currently in a directional dead zone, waiting for the Non-Farm Payrolls data to break the range—there is no independent trend in the near term.
The market’s only key focus: this Friday’s Non-Farm Employment data will directly determine the September rate-cut expectations, US Treasury yield direction, and the short-term direction of major asset classes.
$XAU
$ZEC
No nonsense—add to your position right here. Aim for 1000! Set your stop-loss below the 800 level at 788. up up up up up↑
No nonsense—add to your position right here. Aim for 1000! Set your stop-loss below the 800 level at 788. up up up up up↑
UKong
·
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Bullish$ZEC
I had just finished adjusting the AC (opened it) yesterday, and it was quickly stopped out. The moment I placed the order, I had a very strong premonition—oh no, it feels like there’s a high chance of a loss~
In this stretch of price action, each wave is lifted higher than the previous one. At the end, that volume-backed segment directly hit 852.72, then quickly pulled back to the current 830–840 range.
Look at the volume: the bottom bar shows the selling side, the rally segment clearly had increased volume. After the pullback, volume contracted again. This is a typical pattern—after a surge, it first digests, not a straight collapse.
Structurally, it’s still making higher highs and higher lows as it climbs. It just retraced from around 852 by a bit in the short term. This is the normal turnover after a strong stock spikes high, not a trend reversal.
My personal plan: go long
Entry: wait for a pullback to 818–825 and scale in in batches. Around 838, at most try a very light probing position; the focus is still on the pullback entries.
Stop loss: 788 (give it room to sweep both the 800 psychological level close and the 803 low; otherwise, if it’s just a fake drop, it’ll shake you out)
Take profit: First target 852 (previous high—sell part first). Second target 888. Main target 980–1000
Don’t go in with full size. The leverage here isn’t small; when longs get crowded, drawdowns can happen fast.
Weekend volume is thin to begin with, and there are lots of fake breakouts. Only act when price reaches the levels—don’t guess early.
I had just finished adjusting the AC (opened it) yesterday, and it was quickly stopped out. The moment I placed the order, I had a very strong premonition—oh no, it feels like there’s a high chance of a loss~
In this stretch of price action, each wave is lifted higher than the previous one. At the end, that volume-backed segment directly hit 852.72, then quickly pulled back to the current 830–840 range.
Look at the volume: the bottom bar shows the selling side, the rally segment clearly had increased volume. After the pullback, volume contracted again. This is a typical pattern—after a surge, it first digests, not a straight collapse.
Structurally, it’s still making higher highs and higher lows as it climbs. It just retraced from around 852 by a bit in the short term. This is the normal turnover after a strong stock spikes high, not a trend reversal.
My personal plan: go long
Entry: wait for a pullback to 818–825 and scale in in batches. Around 838, at most try a very light probing position; the focus is still on the pullback entries.
Stop loss: 788 (give it room to sweep both the 800 psychological level close and the 803 low; otherwise, if it’s just a fake drop, it’ll shake you out)
Take profit: First target 852 (previous high—sell part first). Second target 888. Main target 980–1000
Don’t go in with full size. The leverage here isn’t small; when longs get crowded, drawdowns can happen fast.
Weekend volume is thin to begin with, and there are lots of fake breakouts. Only act when price reaches the levels—don’t guess early.
$SNDK
The recent move was Kioxia, along with others, smashing through and increasing capacity by 31B yen, plus buyback authorization and the like—this is considered a mid-term narrative.
For U.S.-stock-related contracts, the market often drops first and then grinds around during the open/intraday.
Structurally, after the sharp selloff comes a repair-and-consolidation range: the lows are being raised, but the resistance in the 1495–1510 area is still there. If it can’t break through, it will keep whipsawing back and forth.
For the short term, I favor going long on pullbacks—I wouldn’t chase this current price.
Personal trade plan: Go long
Entry: Wait for a retracement to the 1468–1478 area before buying
Stop-loss: 1428
Take-profit: around 1675
This week’s trading difficulty for memory stocks is likely to be relatively high—if you’re trading memory names, make sure your risk control is solid.
The recent move was Kioxia, along with others, smashing through and increasing capacity by 31B yen, plus buyback authorization and the like—this is considered a mid-term narrative.
For U.S.-stock-related contracts, the market often drops first and then grinds around during the open/intraday.
Structurally, after the sharp selloff comes a repair-and-consolidation range: the lows are being raised, but the resistance in the 1495–1510 area is still there. If it can’t break through, it will keep whipsawing back and forth.
For the short term, I favor going long on pullbacks—I wouldn’t chase this current price.
Personal trade plan: Go long
Entry: Wait for a retracement to the 1468–1478 area before buying
Stop-loss: 1428
Take-profit: around 1675
This week’s trading difficulty for memory stocks is likely to be relatively high—if you’re trading memory names, make sure your risk control is solid.
$SKR
At the top, the breakout volume was explosive. After stalling at the high level, it then directly dumped with a bearish candle. Now it has pulled back to around 0.0228. From the peak, it has already retraced more than thirty points. During the pullback, the volume has not clearly diminished either—more like someone is taking profits at the high rather than a no-volume shakeout.
The short-term structure is essentially distribution after the main uptrend wave has finished. If you want to make a new high, first you need to digest the resistance zone of 0.0255–0.028; otherwise, it will likely continue to test and probe below the prior breakout/startup platform.
Personal trade plan: Go short (if you don’t agree, then come back for a rematch!).
Entry: Wait for a rebound to around 0.0252–0.0258, then short again—don’t chase and short at the current price.
Stop loss: 0.0285 (if it breaks, it means the short thesis is temporarily invalid).
Take profit: Around 0.016 (back to the dense area before this big-market move started).
Manage your own position size—this coin is very volatile, don’t go all-in. Act when it reaches your levels; if it hasn’t, just watch.
At the top, the breakout volume was explosive. After stalling at the high level, it then directly dumped with a bearish candle. Now it has pulled back to around 0.0228. From the peak, it has already retraced more than thirty points. During the pullback, the volume has not clearly diminished either—more like someone is taking profits at the high rather than a no-volume shakeout.
The short-term structure is essentially distribution after the main uptrend wave has finished. If you want to make a new high, first you need to digest the resistance zone of 0.0255–0.028; otherwise, it will likely continue to test and probe below the prior breakout/startup platform.
Personal trade plan: Go short (if you don’t agree, then come back for a rematch!).
Entry: Wait for a rebound to around 0.0252–0.0258, then short again—don’t chase and short at the current price.
Stop loss: 0.0285 (if it breaks, it means the short thesis is temporarily invalid).
Take profit: Around 0.016 (back to the dense area before this big-market move started).
Manage your own position size—this coin is very volatile, don’t go all-in. Act when it reaches your levels; if it hasn’t, just watch.
$BTR
Revenge is successful; the ghost chain's air belongs to zeroing, zeroing to zero.
Standby and continue to be empty. Not yet the time.
Revenge is successful; the ghost chain's air belongs to zeroing, zeroing to zero.
Standby and continue to be empty. Not yet the time.
UKong
·
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Bearish$BTR
This coin is a hot spot that has been chased by funds over the past few days. I stopped out once, but the BTC L2 sector—or this project in particular—doesn’t seem to work.~
Now the hot money is all on-chain, on prediction, and on memes.
After being pulled up from a low level, it was viciously dumped down at 0.224. It bounced once, but didn’t make a new high. Now it’s drifting lower again, with the lows still moving down.
Volume expands during the decline and shrinks during the rebound, so the bears are in control. There’s some support around 0.158–0.160, but it doesn’t look very solid.
Personal plan: short.
Entry: short on the rebound at 0.166–0.169.
Stop loss: 0.182.
Take profit: first target 0.152; if it breaks, then look at 0.138.
On both the 1-hour and 15-minute timeframes, the bias is currently bearish—don’t try to bottom-fish against the trend.
Wait until the direction is clear before moving in. Control your position size; don’t use maximum leverage.
This coin is a hot spot that has been chased by funds over the past few days. I stopped out once, but the BTC L2 sector—or this project in particular—doesn’t seem to work.~
Now the hot money is all on-chain, on prediction, and on memes.
After being pulled up from a low level, it was viciously dumped down at 0.224. It bounced once, but didn’t make a new high. Now it’s drifting lower again, with the lows still moving down.
Volume expands during the decline and shrinks during the rebound, so the bears are in control. There’s some support around 0.158–0.160, but it doesn’t look very solid.
Personal plan: short.
Entry: short on the rebound at 0.166–0.169.
Stop loss: 0.182.
Take profit: first target 0.152; if it breaks, then look at 0.138.
On both the 1-hour and 15-minute timeframes, the bias is currently bearish—don’t try to bottom-fish against the trend.
Wait until the direction is clear before moving in. Control your position size; don’t use maximum leverage.
$PROM
Have a full, hearty fill! Bearish weakness is showing; next, wait for the drop~
Personal approach: short. Wait for the bounce—don’t chase the short.
Entry: 6.28–6.48 (prefer watching around 6.35, after a pullback from the prior high and a supply-demand flip)
Stop loss: 6.96
Take profit: first target 5.52, second target 4.88, third target 4.20 (around the main upswing origin)
Good news is already priced in; now they’re dumping the too-high-priced goods onto the next bag-holder. Short again on a bounce to 6.3–6.5. If it breaks 5.84, get confirmation—don’t short-chase at 6.05.
Not investment advice—manage your own position.
Have a full, hearty fill! Bearish weakness is showing; next, wait for the drop~
Personal approach: short. Wait for the bounce—don’t chase the short.
Entry: 6.28–6.48 (prefer watching around 6.35, after a pullback from the prior high and a supply-demand flip)
Stop loss: 6.96
Take profit: first target 5.52, second target 4.88, third target 4.20 (around the main upswing origin)
Good news is already priced in; now they’re dumping the too-high-priced goods onto the next bag-holder. Short again on a bounce to 6.3–6.5. If it breaks 5.84, get confirmation—don’t short-chase at 6.05.
Not investment advice—manage your own position.
UKong
·
--
Bearish$PROM
A few days ago I went long and added to the position, and this coin took a bite of profit—now it’s time to take on my familiar old friends again.
The top is already starting to sweep back and forth. The 7.276 high couldn’t hold, and volume has clearly shrunk compared to the last strong move. In the short term, both longs and shorts are fighting within the 7.14–7.27 range.
Personal plan: go short.
Entry: if it fails to reject on the pullback between 7.22–7.28, then short.
Stop loss: 7.68 (if volume returns and breaks above the previous high, then exit).
Take profit: first target 6.35, then watch for 5.95.
If it can’t get through the upper boundary of the range, that’s the reason to short. Don’t place the stop loss too close—otherwise a false breakout will quickly knock you out.
Control your position size yourself. With this much volatility, make sure the stop loss is executed according to the plan.
A few days ago I went long and added to the position, and this coin took a bite of profit—now it’s time to take on my familiar old friends again.
The top is already starting to sweep back and forth. The 7.276 high couldn’t hold, and volume has clearly shrunk compared to the last strong move. In the short term, both longs and shorts are fighting within the 7.14–7.27 range.
Personal plan: go short.
Entry: if it fails to reject on the pullback between 7.22–7.28, then short.
Stop loss: 7.68 (if volume returns and breaks above the previous high, then exit).
Take profit: first target 6.35, then watch for 5.95.
If it can’t get through the upper boundary of the range, that’s the reason to short. Don’t place the stop loss too close—otherwise a false breakout will quickly knock you out.
Control your position size yourself. With this much volatility, make sure the stop loss is executed according to the plan.
$牛来
A lot of meme players have always been holding (this), and finally it’s been listed and also got onto a contract. The chart has already gone through a full typical “listing pump—dump—rebound” script.
Yesterday it was pulled straight from around 0.09 to 0.142; the 24-hour high is basically this single candle. It was purely built by emotion and leverage. After the pump, a big bearish candle dropped immediately. The low then even tested back near 0.09. Now it’s rebounding to around 0.120, which is more of a technical correction after oversold.
In the early stage, longs locked in profits and shorts entered to fight it out. Volume has gradually shrunk from extremely high levels, suggesting fewer people are chasing the breakout now.
Around 0.10 to 0.114 has been temporarily holding it up and forming short-term support, but the rebound strength is average—there aren’t large-bodied bullish candles. Above, there’s a dense volume zone around 0.128 to 0.132, and the 0.135 to 0.142 area is even former high resistance.
Overall, the structure looks more like a rebound after distribution on a higher timeframe, not the start of a new primary up-move.
Personal trade plan: short.
Entry: In the 0.123–0.126 range you can short in batches. Don’t chase the dump. Focus on the two resistance levels at 0.128 and 0.132. If it can’t break through, keep shorting.
Stop loss: Set it a bit above 0.142 (i.e., if the previous high is effectively re-established, then admit you were wrong).
Take profit: First target around 0.100 near the prior low support. Second target directly looks at 0.090, or even lower.
Don’t use heavy position sizing. After a meme token goes onto a contract, volatility is still very high—just set conditional orders and monitor.
Remember: in a listing行情, the worst thing is to catch the last baton.
A lot of meme players have always been holding (this), and finally it’s been listed and also got onto a contract. The chart has already gone through a full typical “listing pump—dump—rebound” script.
Yesterday it was pulled straight from around 0.09 to 0.142; the 24-hour high is basically this single candle. It was purely built by emotion and leverage. After the pump, a big bearish candle dropped immediately. The low then even tested back near 0.09. Now it’s rebounding to around 0.120, which is more of a technical correction after oversold.
In the early stage, longs locked in profits and shorts entered to fight it out. Volume has gradually shrunk from extremely high levels, suggesting fewer people are chasing the breakout now.
Around 0.10 to 0.114 has been temporarily holding it up and forming short-term support, but the rebound strength is average—there aren’t large-bodied bullish candles. Above, there’s a dense volume zone around 0.128 to 0.132, and the 0.135 to 0.142 area is even former high resistance.
Overall, the structure looks more like a rebound after distribution on a higher timeframe, not the start of a new primary up-move.
Personal trade plan: short.
Entry: In the 0.123–0.126 range you can short in batches. Don’t chase the dump. Focus on the two resistance levels at 0.128 and 0.132. If it can’t break through, keep shorting.
Stop loss: Set it a bit above 0.142 (i.e., if the previous high is effectively re-established, then admit you were wrong).
Take profit: First target around 0.100 near the prior low support. Second target directly looks at 0.090, or even lower.
Don’t use heavy position sizing. After a meme token goes onto a contract, volatility is still very high—just set conditional orders and monitor.
Remember: in a listing行情, the worst thing is to catch the last baton.
$ZKC
I didn't see any particularly strong positive catalysts or a “dumping the market” type of sell-off news in the community. Trading volume suddenly spiked (24h trading volume already exceeded 5 billion ZKC). This looks like the kind of price action where, after a long period of consolidation in a low range, capital was noticed and then it was pulled up vertically.
During the rally there were a few minor pullbacks, but they were bought back each time. After reaching a peak at 0.07081, a series of consecutive bearish candles appeared, and the lows started to move lower.
Now it's at 0.0655, which looks like the first wave of distribution after the pump. There's some support around 0.0648, but it's not strong enough. The near-term resistance is around 0.068–0.069.
Personal trade plan: short.
Entry: short on the rebound at 0.0668–0.0678.
Stop loss: 0.0720.
Take profit: target 0.0555; if it goes lower, then 0.049.
On the 4h, 1h, and 15min timeframes, everything is currently biased bearish. After just completing a vertical-type move like this, don't rush to bottom-fish. Wait for the rebound into resistance before acting. Manage your position size yourself—don't max out leverage.
I didn't see any particularly strong positive catalysts or a “dumping the market” type of sell-off news in the community. Trading volume suddenly spiked (24h trading volume already exceeded 5 billion ZKC). This looks like the kind of price action where, after a long period of consolidation in a low range, capital was noticed and then it was pulled up vertically.
During the rally there were a few minor pullbacks, but they were bought back each time. After reaching a peak at 0.07081, a series of consecutive bearish candles appeared, and the lows started to move lower.
Now it's at 0.0655, which looks like the first wave of distribution after the pump. There's some support around 0.0648, but it's not strong enough. The near-term resistance is around 0.068–0.069.
Personal trade plan: short.
Entry: short on the rebound at 0.0668–0.0678.
Stop loss: 0.0720.
Take profit: target 0.0555; if it goes lower, then 0.049.
On the 4h, 1h, and 15min timeframes, everything is currently biased bearish. After just completing a vertical-type move like this, don't rush to bottom-fish. Wait for the rebound into resistance before acting. Manage your position size yourself—don't max out leverage.
$BTR
This coin is a hot spot that has been chased by funds over the past few days. I stopped out once, but the BTC L2 sector—or this project in particular—doesn’t seem to work.~
Now the hot money is all on-chain, on prediction, and on memes.
After being pulled up from a low level, it was viciously dumped down at 0.224. It bounced once, but didn’t make a new high. Now it’s drifting lower again, with the lows still moving down.
Volume expands during the decline and shrinks during the rebound, so the bears are in control. There’s some support around 0.158–0.160, but it doesn’t look very solid.
Personal plan: short.
Entry: short on the rebound at 0.166–0.169.
Stop loss: 0.182.
Take profit: first target 0.152; if it breaks, then look at 0.138.
On both the 1-hour and 15-minute timeframes, the bias is currently bearish—don’t try to bottom-fish against the trend.
Wait until the direction is clear before moving in. Control your position size; don’t use maximum leverage.
This coin is a hot spot that has been chased by funds over the past few days. I stopped out once, but the BTC L2 sector—or this project in particular—doesn’t seem to work.~
Now the hot money is all on-chain, on prediction, and on memes.
After being pulled up from a low level, it was viciously dumped down at 0.224. It bounced once, but didn’t make a new high. Now it’s drifting lower again, with the lows still moving down.
Volume expands during the decline and shrinks during the rebound, so the bears are in control. There’s some support around 0.158–0.160, but it doesn’t look very solid.
Personal plan: short.
Entry: short on the rebound at 0.166–0.169.
Stop loss: 0.182.
Take profit: first target 0.152; if it breaks, then look at 0.138.
On both the 1-hour and 15-minute timeframes, the bias is currently bearish—don’t try to bottom-fish against the trend.
Wait until the direction is clear before moving in. Control your position size; don’t use maximum leverage.
$ZEC
I had just finished adjusting the AC (opened it) yesterday, and it was quickly stopped out. The moment I placed the order, I had a very strong premonition—oh no, it feels like there’s a high chance of a loss~
In this stretch of price action, each wave is lifted higher than the previous one. At the end, that volume-backed segment directly hit 852.72, then quickly pulled back to the current 830–840 range.
Look at the volume: the bottom bar shows the selling side, the rally segment clearly had increased volume. After the pullback, volume contracted again. This is a typical pattern—after a surge, it first digests, not a straight collapse.
Structurally, it’s still making higher highs and higher lows as it climbs. It just retraced from around 852 by a bit in the short term. This is the normal turnover after a strong stock spikes high, not a trend reversal.
My personal plan: go long
Entry: wait for a pullback to 818–825 and scale in in batches. Around 838, at most try a very light probing position; the focus is still on the pullback entries.
Stop loss: 788 (give it room to sweep both the 800 psychological level close and the 803 low; otherwise, if it’s just a fake drop, it’ll shake you out)
Take profit: First target 852 (previous high—sell part first). Second target 888. Main target 980–1000
Don’t go in with full size. The leverage here isn’t small; when longs get crowded, drawdowns can happen fast.
Weekend volume is thin to begin with, and there are lots of fake breakouts. Only act when price reaches the levels—don’t guess early.
I had just finished adjusting the AC (opened it) yesterday, and it was quickly stopped out. The moment I placed the order, I had a very strong premonition—oh no, it feels like there’s a high chance of a loss~
In this stretch of price action, each wave is lifted higher than the previous one. At the end, that volume-backed segment directly hit 852.72, then quickly pulled back to the current 830–840 range.
Look at the volume: the bottom bar shows the selling side, the rally segment clearly had increased volume. After the pullback, volume contracted again. This is a typical pattern—after a surge, it first digests, not a straight collapse.
Structurally, it’s still making higher highs and higher lows as it climbs. It just retraced from around 852 by a bit in the short term. This is the normal turnover after a strong stock spikes high, not a trend reversal.
My personal plan: go long
Entry: wait for a pullback to 818–825 and scale in in batches. Around 838, at most try a very light probing position; the focus is still on the pullback entries.
Stop loss: 788 (give it room to sweep both the 800 psychological level close and the 803 low; otherwise, if it’s just a fake drop, it’ll shake you out)
Take profit: First target 852 (previous high—sell part first). Second target 888. Main target 980–1000
Don’t go in with full size. The leverage here isn’t small; when longs get crowded, drawdowns can happen fast.
Weekend volume is thin to begin with, and there are lots of fake breakouts. Only act when price reaches the levels—don’t guess early.
- US stocks
On Friday, the major indexes closed slightly lower. After an intraday push higher, they pulled back, with clear divergence.
The chip sector—lifted the previous day by Nvidia’s earnings—collectively reversed. NVDA fell 4.57%, while Micron was down more than 10%. The semiconductor and optical communications sectors came under pressure.
However, the core cloud/AI names with ultra-large market caps showed strong resilience. Amazon, Microsoft, Apple, Google, and Meta all closed higher. Funds only rotated out of AI compute hardware and did not fully exit the AI main theme.
At the macro level, Jackson Hole’s annual meeting keynote speeches with a more hawkish tone began to take effect. The market increased the probability of a rate hike in September by 9%. Long-end U.S. Treasury yields rose, and the most expensive hardware stocks were hit first.
Popular China concept stocks were modestly stronger overall, with the Golden Dragon Index up slightly.
For the whole week, all indexes ended green. The Dow gained 0.53% week-over-week, the S&P 500 rose 0.49%, and the Nasdaq jumped 0.85%. Nvidia’s better-than-expected earnings directly ignited sentiment around the AI sector and helped lift the broader market.
Across the week, investors favored mega-cap tech stocks with stronger earnings certainty. Compute-hardware is a high-beta, “wait-and-see” segment with extremely large volatility.
The officials’ speeches at Jackson Hole were the biggest variable in the second half of the week. The market sentiment brake was triggered as comments on sticky inflation took hold. Investors began repricing the Fed’s rate path. Small-cap stocks underperformed large-cap blue chips, and the defensive “stay-botting” behavior was evident.
Next week’s focus: the week of the August non-farm employment report, released on Friday; Broadcom’s earnings report on Wednesday taking over the spotlight from Nvidia.
- BTC
BTC briefly broke above $81,000 in midweek. After the remarks by the Fed Chair, it sharply reversed and fell to $76,877. Total liquidations across the crypto market for the week reached $300 million. Over the weekend, it traded in a range around $78,000. Mining companies MARA and Riot both dropped about 8%, and their declines far exceeded Bitcoin’s move itself.
- Gold
Gold opened higher last week and broke above $4,610. In midweek, it attempted a push toward $4,700 but failed. On Friday, after Powell delivered a hawkish speech at Jackson Hole, gold plunged 2.95% in a day to $4,453.67 per ounce. During the session, it briefly fell below $4,530 from above $4,620.
For the week, spot gold fell 3.24% in total, ending the prior streak of three consecutive weekly gains. In China, jewelry prices followed lower; Chow Tai Fook’s 24k gold jewelry price fell by 39 yuan to 1,348 yuan per gram on the day.
$BTC
On Friday, the major indexes closed slightly lower. After an intraday push higher, they pulled back, with clear divergence.
The chip sector—lifted the previous day by Nvidia’s earnings—collectively reversed. NVDA fell 4.57%, while Micron was down more than 10%. The semiconductor and optical communications sectors came under pressure.
However, the core cloud/AI names with ultra-large market caps showed strong resilience. Amazon, Microsoft, Apple, Google, and Meta all closed higher. Funds only rotated out of AI compute hardware and did not fully exit the AI main theme.
At the macro level, Jackson Hole’s annual meeting keynote speeches with a more hawkish tone began to take effect. The market increased the probability of a rate hike in September by 9%. Long-end U.S. Treasury yields rose, and the most expensive hardware stocks were hit first.
Popular China concept stocks were modestly stronger overall, with the Golden Dragon Index up slightly.
For the whole week, all indexes ended green. The Dow gained 0.53% week-over-week, the S&P 500 rose 0.49%, and the Nasdaq jumped 0.85%. Nvidia’s better-than-expected earnings directly ignited sentiment around the AI sector and helped lift the broader market.
Across the week, investors favored mega-cap tech stocks with stronger earnings certainty. Compute-hardware is a high-beta, “wait-and-see” segment with extremely large volatility.
The officials’ speeches at Jackson Hole were the biggest variable in the second half of the week. The market sentiment brake was triggered as comments on sticky inflation took hold. Investors began repricing the Fed’s rate path. Small-cap stocks underperformed large-cap blue chips, and the defensive “stay-botting” behavior was evident.
Next week’s focus: the week of the August non-farm employment report, released on Friday; Broadcom’s earnings report on Wednesday taking over the spotlight from Nvidia.
- BTC
BTC briefly broke above $81,000 in midweek. After the remarks by the Fed Chair, it sharply reversed and fell to $76,877. Total liquidations across the crypto market for the week reached $300 million. Over the weekend, it traded in a range around $78,000. Mining companies MARA and Riot both dropped about 8%, and their declines far exceeded Bitcoin’s move itself.
- Gold
Gold opened higher last week and broke above $4,610. In midweek, it attempted a push toward $4,700 but failed. On Friday, after Powell delivered a hawkish speech at Jackson Hole, gold plunged 2.95% in a day to $4,453.67 per ounce. During the session, it briefly fell below $4,530 from above $4,620.
For the week, spot gold fell 3.24% in total, ending the prior streak of three consecutive weekly gains. In China, jewelry prices followed lower; Chow Tai Fook’s 24k gold jewelry price fell by 39 yuan to 1,348 yuan per gram on the day.
$BTC
$PROM
A few days ago I went long and added to the position, and this coin took a bite of profit—now it’s time to take on my familiar old friends again.
The top is already starting to sweep back and forth. The 7.276 high couldn’t hold, and volume has clearly shrunk compared to the last strong move. In the short term, both longs and shorts are fighting within the 7.14–7.27 range.
Personal plan: go short.
Entry: if it fails to reject on the pullback between 7.22–7.28, then short.
Stop loss: 7.68 (if volume returns and breaks above the previous high, then exit).
Take profit: first target 6.35, then watch for 5.95.
If it can’t get through the upper boundary of the range, that’s the reason to short. Don’t place the stop loss too close—otherwise a false breakout will quickly knock you out.
Control your position size yourself. With this much volatility, make sure the stop loss is executed according to the plan.
A few days ago I went long and added to the position, and this coin took a bite of profit—now it’s time to take on my familiar old friends again.
The top is already starting to sweep back and forth. The 7.276 high couldn’t hold, and volume has clearly shrunk compared to the last strong move. In the short term, both longs and shorts are fighting within the 7.14–7.27 range.
Personal plan: go short.
Entry: if it fails to reject on the pullback between 7.22–7.28, then short.
Stop loss: 7.68 (if volume returns and breaks above the previous high, then exit).
Take profit: first target 6.35, then watch for 5.95.
If it can’t get through the upper boundary of the range, that’s the reason to short. Don’t place the stop loss too close—otherwise a false breakout will quickly knock you out.
Control your position size yourself. With this much volatility, make sure the stop loss is executed according to the plan.
UKong
·
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Bullish$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
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
$TRUMP
A few days ago, there were rumors again that a new coin was coming out (the Robinhood chain), plus a short squeeze (contract shorts blew up by more than 30 million). Add to that overall market sentiment.
In the end, the boss (CZ) directly debunked it as a scam. The team-related wallets also took advantage of the high point to use liquidity pools to pull out 3.39 million U and transferred 2.62 million coins to OKX (about 6.2 million U)—basically pulling liquidity out while pumping.
Yesterday, another fake “Trump Digital Gold” surfaced, got hacked, and then the scam account riding the momentum rug-pulled. The sentiment spread, so the price kept dropping again from around 3.06.
From the 2.109 low, it inched upward wave by wave to around 3.068 with increased volume but failed to break out. Then a big bearish candle suddenly slammed it down. Now 2.65 is the rebound level.
For the short term, it looks like a pullback after high-level consolidation; the 2.70–2.75 area is clearly a pressure zone.
The team’s distribution pattern has already been confirmed several times. Any rebound with this kind of coin is an opportunity for the shorts.
Personal trade plan: short
Entry: around 2.82 (scale in at 2.78–2.85 in batches)
Stop loss: 3.12 (I gave room beyond the high point 3.068. If that breaks, it means there are still people willing to push higher—then I accept the loss.)
Take profit: first target 2.54 (previous low), second target 2.20–2.25 (the platform from the prior selloff). Aggressive traders can aim for 1.95–2.00.
Key level to watch: 2.54. If it breaks and can’t get back above it, the short can continue to hold.
If it directly stands above 2.85 on heavy volume and closes there, cancel this trade first.
Keep position size light—this kind of sentiment-driven coin with wicks is completely normal.
A few days ago, there were rumors again that a new coin was coming out (the Robinhood chain), plus a short squeeze (contract shorts blew up by more than 30 million). Add to that overall market sentiment.
In the end, the boss (CZ) directly debunked it as a scam. The team-related wallets also took advantage of the high point to use liquidity pools to pull out 3.39 million U and transferred 2.62 million coins to OKX (about 6.2 million U)—basically pulling liquidity out while pumping.
Yesterday, another fake “Trump Digital Gold” surfaced, got hacked, and then the scam account riding the momentum rug-pulled. The sentiment spread, so the price kept dropping again from around 3.06.
From the 2.109 low, it inched upward wave by wave to around 3.068 with increased volume but failed to break out. Then a big bearish candle suddenly slammed it down. Now 2.65 is the rebound level.
For the short term, it looks like a pullback after high-level consolidation; the 2.70–2.75 area is clearly a pressure zone.
The team’s distribution pattern has already been confirmed several times. Any rebound with this kind of coin is an opportunity for the shorts.
Personal trade plan: short
Entry: around 2.82 (scale in at 2.78–2.85 in batches)
Stop loss: 3.12 (I gave room beyond the high point 3.068. If that breaks, it means there are still people willing to push higher—then I accept the loss.)
Take profit: first target 2.54 (previous low), second target 2.20–2.25 (the platform from the prior selloff). Aggressive traders can aim for 1.95–2.00.
Key level to watch: 2.54. If it breaks and can’t get back above it, the short can continue to hold.
If it directly stands above 2.85 on heavy volume and closes there, cancel this trade first.
Keep position size light—this kind of sentiment-driven coin with wicks is completely normal.
$BTR
The other day’s short position was stopped out. The volatility is huge, so stop-losses are really important.
This time it pushed up again from the consolidation range, directly reaching 0.224. However, the long upper wick on that candle and the increased volume make it look more like distribution/profit-taking followed by a drop, rather than a real breakout with follow-through. It has since pulled back to around 0.166, and the low at 0.151 was hit once already. Right now it’s in the rebound stage after a pulldown.
At this kind of level, the biggest risk is a combination of high funding rates at the top and leveraged longs cashing out at the same time. That can trigger a rapid sell-off.
The volume peak has already passed. If volume can’t keep up from here, the rebound is likely to offer shorts a better entry point.
Personal plan: I’m going short again and reopened a short.
Entry: around 0.180 (you can scale in between 0.178–0.183)
Stop-loss: 0.205 (if it breaks near the previous high, it means there are still players willing to push higher—admit defeat and exit; don’t set it too tight to avoid getting swept)
Take-profit: first target 0.151 (previous low), second target 0.128–0.132 (a gap below the previous low / psychological level). If you’re aggressive, you can look for 0.115.
Don’t size too big. These coins after a fresh surge are extremely volatile. If it breaks 0.151 and can’t get back above it, you can keep the short. If the rebound directly holds above 0.185 and volume expands, then withdraw this trade—don’t stubbornly hold.
The other day’s short position was stopped out. The volatility is huge, so stop-losses are really important.
This time it pushed up again from the consolidation range, directly reaching 0.224. However, the long upper wick on that candle and the increased volume make it look more like distribution/profit-taking followed by a drop, rather than a real breakout with follow-through. It has since pulled back to around 0.166, and the low at 0.151 was hit once already. Right now it’s in the rebound stage after a pulldown.
At this kind of level, the biggest risk is a combination of high funding rates at the top and leveraged longs cashing out at the same time. That can trigger a rapid sell-off.
The volume peak has already passed. If volume can’t keep up from here, the rebound is likely to offer shorts a better entry point.
Personal plan: I’m going short again and reopened a short.
Entry: around 0.180 (you can scale in between 0.178–0.183)
Stop-loss: 0.205 (if it breaks near the previous high, it means there are still players willing to push higher—admit defeat and exit; don’t set it too tight to avoid getting swept)
Take-profit: first target 0.151 (previous low), second target 0.128–0.132 (a gap below the previous low / psychological level). If you’re aggressive, you can look for 0.115.
Don’t size too big. These coins after a fresh surge are extremely volatile. If it breaks 0.151 and can’t get back above it, you can keep the short. If the rebound directly holds above 0.185 and volume expands, then withdraw this trade—don’t stubbornly hold.
$ZEC
This big market move is mainly driven by Grayscale’s spot ETF (ZCSH). It officially began trading on the NYSE Arca on August 25th, and combined with the hype around privacy-sector assets and expectations for the NU7 vote, it directly pulled the price from above $500 to around $889—an 8-year high.
The official side hasn’t released any brand-new positive catalysts recently. It’s more like the normal process of pushing Zcon7 and the vote. The volatility basically comes from profit-taking after the ETF news was priced in, plus fluctuations from leveraged positions.
On the daily chart, it looks like a super parabolic uptrend. After gradually rising from the bottom, it suddenly accelerated into a vertical spike. The high at 889.99 printed a long upper wick. Now it has pulled back to around 809. The overall structure is still bullish, but it’s clearly overheated and needs time to digest.
Four hours ago, after consolidating sideways, a single big bullish candle pushed straight to 890 with massive volume. Then price dropped back from the high. Currently it’s oscillating around the 800–815 zone, which is typical high-level consolidation after a catalyst lands.
The 1-hour and 15-minute charts are more choppy. The drop from 890 went as low as 751, then quickly bounced back. Now it’s whipping around near 809. The 780–820 range has become a short-term box. Volume has already shrunk compared with the breakout surge, and both bulls and bears are battling it out in this area.
My personal plan: go short, and wait for price to push a bit higher near the top.
Entry: short in the 812–818 range. Focus on two resistance layers: 817 and 830. If it can’t break through, keep shorting.
Stop loss: 848 (give enough room above the earlier spike-and-reversal high).
Take profit: first at 775 (24h low). Second at the 720–700 area.
Don’t chase shorts before reaching the resistance zone—wait for it to tag the top itself before acting. For the lower edge of the box, watch whether it can hold 780–775.
You can take a portion of profits from a short-term bounce, but after a move on this larger timeframe, it’s more suitable to wait for the high and then short.
Manage your risk—don’t go all-in.
This big market move is mainly driven by Grayscale’s spot ETF (ZCSH). It officially began trading on the NYSE Arca on August 25th, and combined with the hype around privacy-sector assets and expectations for the NU7 vote, it directly pulled the price from above $500 to around $889—an 8-year high.
The official side hasn’t released any brand-new positive catalysts recently. It’s more like the normal process of pushing Zcon7 and the vote. The volatility basically comes from profit-taking after the ETF news was priced in, plus fluctuations from leveraged positions.
On the daily chart, it looks like a super parabolic uptrend. After gradually rising from the bottom, it suddenly accelerated into a vertical spike. The high at 889.99 printed a long upper wick. Now it has pulled back to around 809. The overall structure is still bullish, but it’s clearly overheated and needs time to digest.
Four hours ago, after consolidating sideways, a single big bullish candle pushed straight to 890 with massive volume. Then price dropped back from the high. Currently it’s oscillating around the 800–815 zone, which is typical high-level consolidation after a catalyst lands.
The 1-hour and 15-minute charts are more choppy. The drop from 890 went as low as 751, then quickly bounced back. Now it’s whipping around near 809. The 780–820 range has become a short-term box. Volume has already shrunk compared with the breakout surge, and both bulls and bears are battling it out in this area.
My personal plan: go short, and wait for price to push a bit higher near the top.
Entry: short in the 812–818 range. Focus on two resistance layers: 817 and 830. If it can’t break through, keep shorting.
Stop loss: 848 (give enough room above the earlier spike-and-reversal high).
Take profit: first at 775 (24h low). Second at the 720–700 area.
Don’t chase shorts before reaching the resistance zone—wait for it to tag the top itself before acting. For the lower edge of the box, watch whether it can hold 780–775.
You can take a portion of profits from a short-term bounce, but after a move on this larger timeframe, it’s more suitable to wait for the high and then short.
Manage your risk—don’t go all-in.
$COLLECT
There hasn’t been any official catalyst recently that could directly trigger a bullish/bearish move. More of the talk in the community has been about news that the Fanable platform was going to be shut down. Around the 27th, the price was smashed directly from 0.083 down to 0.06, and the trading volume exploded instantly—classic “negative news hitting the ground.”
After the dump, the shorts took profit and bargain-hunting funds came in, and the price then “V-shaped” back up. It’s currently around 0.07467. This looks like an oversold rebound and hasn’t fully digested the earlier bearish candle yet.
Earlier, price was pushed up gradually from the lows toward 0.083. The top then put out a long upper wick. After that, one big bearish candle directly broke through all the supports from before, and the low was driven down to the 0.06 round-number level before it finally stopped.
After the big-volume move from the low, volume started to fade and price entered a sideways consolidation. Then it saw another round of volume and was pulled upward again. Now it has already been “solidified” in the 0.065–0.068 zone. In the short term, the bulls are temporarily in control, but the area above 0.077–0.080 is still the previous dense trading zone, so resistance remains significant.
On volume: the bearish candle from the sell-off had the largest volume. This rebound has volume follow-through, but it hasn’t surpassed the earlier panic selling volume. So it’s more like an oversold repair, not the start of a new primary rally.
Personal plan: short.
Entry: short in the 0.0765–0.078 range. Focus on the two resistance layers at 0.0773 and 0.080—if it can’t break through, keep shorting.
Stop loss: 0.0835 (slightly above the prior high 0.08327 to leave some room).
Take profit: first target 0.068; second target 0.062–0.060 at the round-number zone.
Don’t chase a short before it reaches the resistance zone—wait for it to come up to the level by itself, then act.
For the short-term rebound, you can take a slice of profit first, but in the medium term the bearish overhang still remains. If the rebound reaches a good spot, prioritize taking shorts.
Manage your risk—don’t go all-in.
There hasn’t been any official catalyst recently that could directly trigger a bullish/bearish move. More of the talk in the community has been about news that the Fanable platform was going to be shut down. Around the 27th, the price was smashed directly from 0.083 down to 0.06, and the trading volume exploded instantly—classic “negative news hitting the ground.”
After the dump, the shorts took profit and bargain-hunting funds came in, and the price then “V-shaped” back up. It’s currently around 0.07467. This looks like an oversold rebound and hasn’t fully digested the earlier bearish candle yet.
Earlier, price was pushed up gradually from the lows toward 0.083. The top then put out a long upper wick. After that, one big bearish candle directly broke through all the supports from before, and the low was driven down to the 0.06 round-number level before it finally stopped.
After the big-volume move from the low, volume started to fade and price entered a sideways consolidation. Then it saw another round of volume and was pulled upward again. Now it has already been “solidified” in the 0.065–0.068 zone. In the short term, the bulls are temporarily in control, but the area above 0.077–0.080 is still the previous dense trading zone, so resistance remains significant.
On volume: the bearish candle from the sell-off had the largest volume. This rebound has volume follow-through, but it hasn’t surpassed the earlier panic selling volume. So it’s more like an oversold repair, not the start of a new primary rally.
Personal plan: short.
Entry: short in the 0.0765–0.078 range. Focus on the two resistance layers at 0.0773 and 0.080—if it can’t break through, keep shorting.
Stop loss: 0.0835 (slightly above the prior high 0.08327 to leave some room).
Take profit: first target 0.068; second target 0.062–0.060 at the round-number zone.
Don’t chase a short before it reaches the resistance zone—wait for it to come up to the level by itself, then act.
For the short-term rebound, you can take a slice of profit first, but in the medium term the bearish overhang still remains. If the rebound reaches a good spot, prioritize taking shorts.
Manage your risk—don’t go all-in.
$龙虾
There isn’t really any major positive or negative news in the community. The main reason is that yesterday KuCoin just listed spot + futures, and today it directly FOMOed. The market cap quickly surged to around 60 million, and the hype is basically being propped up by the exchange (and by Chinese meme narratives).
After grinding sideways from just above 0.03, suddenly a single big bullish candle with strong volume broke out. After that, there was almost no meaningful pullback—price just kept pushing up to 0.0655. From the 24-hour low, it flipped up by nearly 100%.
During the rally, the trading volume clearly expanded. On the pullback, although there were several bearish candles and the swing amplitude reached over 7%, the overall structure hasn’t broken. The high at 0.0655 and the current level around 0.0595 are still within an ascending channel.
In the short term, overbought conditions dissipating normally. Volume hasn’t crashed, and the bulls haven’t finished yet.
Personal plan: go long, and wait for the pullback into the 0.054–0.056 area to enter.
Stop loss: 0.047.
Take profit: first target at 0.072. If it breaks through, then reassess for 0.085.
Key levels to watch: support at 0.055 and 0.050. Resistance is the previous high at 0.0655 and 0.070.
If it breaks below 0.050 on heavy volume, withdraw first—don’t stubbornly hold on.
There isn’t really any major positive or negative news in the community. The main reason is that yesterday KuCoin just listed spot + futures, and today it directly FOMOed. The market cap quickly surged to around 60 million, and the hype is basically being propped up by the exchange (and by Chinese meme narratives).
After grinding sideways from just above 0.03, suddenly a single big bullish candle with strong volume broke out. After that, there was almost no meaningful pullback—price just kept pushing up to 0.0655. From the 24-hour low, it flipped up by nearly 100%.
During the rally, the trading volume clearly expanded. On the pullback, although there were several bearish candles and the swing amplitude reached over 7%, the overall structure hasn’t broken. The high at 0.0655 and the current level around 0.0595 are still within an ascending channel.
In the short term, overbought conditions dissipating normally. Volume hasn’t crashed, and the bulls haven’t finished yet.
Personal plan: go long, and wait for the pullback into the 0.054–0.056 area to enter.
Stop loss: 0.047.
Take profit: first target at 0.072. If it breaks through, then reassess for 0.085.
Key levels to watch: support at 0.055 and 0.050. Resistance is the previous high at 0.0655 and 0.070.
If it breaks below 0.050 on heavy volume, withdraw first—don’t stubbornly hold on.
$SKR
The official launched Seeker Summer Round 4 for claiming. You get 30M SKR into your wallet. The price action is basically being driven straight by the news—didn't see any other narrative. After the claim, selling pressure comes as normal; don't treat a needle (wick) as the main uptrend.
A few days ago it churned in the 0.0075–0.0085 range for a full three days, and volume was dead. Yesterday it suddenly spiked up, with the wick piercing as high as 0.012666.
Typical news pulse: no volume at the bottom → one volume candle breaks through all moving averages → very long upper shadow → distribution starts at the high.
Now it’s pulled back to around 0.0107, having given back about 40% of this pulse, hovering near the 0.382 retracement area. Volume has already dropped versus when it topped, but during this pullback there’s still成交 (trading), unlike a healthy pullback where you’d see decreasing volume and no heavy selling candles.
Structurally, after breaking the prior consolidation range, it hasn’t yet turned 0.0100–0.0102 into a new bottom. That long upper-wick candle at 0.01266 is still capping it. In the short term it looks more like a spike-and-retrace, not the second wave that’s about to start.
Personal plan: short.
Don’t chase a short at current price—wait for a retracement.
Entry: short in batches at 0.0113–0.0116; main position around 0.0115.
Stop loss: 0.01295 (it must allow room above the prior high wick at 0.012666—don’t set something like 0.0123 that’ll get swept and stop you out uselessly).
Take profit: first target 0.00950, sell 40%; second target 0.00820, sell another 40% (back to the top edge of the initiation platform); the remaining 20% depends on whether it revisits the prior low at 0.00755—if it breaks out and goes down to 0.0068, that’s an extreme target, and you can take it.
Don’t go all-in on position sizing. This coin can swing 20%+ back and forth in a single day. The stop loss is set with enough room so there’s space to breathe—not to add leverage and force the trade.
If it breaks below 0.0102, the short is more stable. If there’s volume and it reclaims 0.0120 and closes firmly above it, then just admit defeat—don’t hold on and fight.
After the news is priced in, with charts like this, treat it first as the end of the pulse.
The official launched Seeker Summer Round 4 for claiming. You get 30M SKR into your wallet. The price action is basically being driven straight by the news—didn't see any other narrative. After the claim, selling pressure comes as normal; don't treat a needle (wick) as the main uptrend.
A few days ago it churned in the 0.0075–0.0085 range for a full three days, and volume was dead. Yesterday it suddenly spiked up, with the wick piercing as high as 0.012666.
Typical news pulse: no volume at the bottom → one volume candle breaks through all moving averages → very long upper shadow → distribution starts at the high.
Now it’s pulled back to around 0.0107, having given back about 40% of this pulse, hovering near the 0.382 retracement area. Volume has already dropped versus when it topped, but during this pullback there’s still成交 (trading), unlike a healthy pullback where you’d see decreasing volume and no heavy selling candles.
Structurally, after breaking the prior consolidation range, it hasn’t yet turned 0.0100–0.0102 into a new bottom. That long upper-wick candle at 0.01266 is still capping it. In the short term it looks more like a spike-and-retrace, not the second wave that’s about to start.
Personal plan: short.
Don’t chase a short at current price—wait for a retracement.
Entry: short in batches at 0.0113–0.0116; main position around 0.0115.
Stop loss: 0.01295 (it must allow room above the prior high wick at 0.012666—don’t set something like 0.0123 that’ll get swept and stop you out uselessly).
Take profit: first target 0.00950, sell 40%; second target 0.00820, sell another 40% (back to the top edge of the initiation platform); the remaining 20% depends on whether it revisits the prior low at 0.00755—if it breaks out and goes down to 0.0068, that’s an extreme target, and you can take it.
Don’t go all-in on position sizing. This coin can swing 20%+ back and forth in a single day. The stop loss is set with enough room so there’s space to breathe—not to add leverage and force the trade.
If it breaks below 0.0102, the short is more stable. If there’s volume and it reclaims 0.0120 and closes firmly above it, then just admit defeat—don’t hold on and fight.
After the news is priced in, with charts like this, treat it first as the end of the pulse.
8.27
Nvidia’s earnings beat expectations ignites the tech market right away. Funds are increasingly concentrated on the AI main theme. The market’s focus remains on waiting for the Federal Reserve’s cues at the Jackson Hole annual symposium.
- US stocks: All three major indexes closed higher. The Dow rose 0.20%, the S&P 500 gained 0.72%, and the Nasdaq added 1.57%. Market performance was highly differentiated, with gains largely driven by AI compute and software sectors. Nvidia surged 8.74%, while Tesla and Microsoft moved higher in sync. Salesforce and CrowdStrike posted strong earnings and jumped sharply. By contrast, Amazon, Meta, and Google were relatively weaker. Other cyclical, consumer, and defensive sectors mostly declined, and there was a clear split between heavyweight tech and other sectors.
- Gold: Choppy, narrow-range trading at high levels. COMEX gold closed around $4,600, up slightly. Nvidia’s positive news lifted risk appetite to a certain extent and pressured gold prices. However, geopolitical worries and central-bank gold buying provided a bottom support. Funds are still on the sidelines, awaiting Jackson Hole policy signals, and have not yet broken into a clear direction.
- BTC: It followed the upswing in risk sentiment, spiked up and then pulled back. It has currently broken above 81,000.
A rebound in risk-asset sentiment boosted short-term recovery, but the bulls lack sustained momentum. Overall, it remains a range-bound market with no effective breakout. Funds are waiting for macro developments to land before choosing a direction.
Key after-hours news: Anthropic is preparing for an IPO and plans to allow existing shareholders to sell part of their shares. SK Hynix’s CEO said there is no obvious downside pressure in the memory industry. The market’s core focus is still on Jerome Powell’s speech at Jackson Hole.
$NVDAB
$BTC
Nvidia’s earnings beat expectations ignites the tech market right away. Funds are increasingly concentrated on the AI main theme. The market’s focus remains on waiting for the Federal Reserve’s cues at the Jackson Hole annual symposium.
- US stocks: All three major indexes closed higher. The Dow rose 0.20%, the S&P 500 gained 0.72%, and the Nasdaq added 1.57%. Market performance was highly differentiated, with gains largely driven by AI compute and software sectors. Nvidia surged 8.74%, while Tesla and Microsoft moved higher in sync. Salesforce and CrowdStrike posted strong earnings and jumped sharply. By contrast, Amazon, Meta, and Google were relatively weaker. Other cyclical, consumer, and defensive sectors mostly declined, and there was a clear split between heavyweight tech and other sectors.
- Gold: Choppy, narrow-range trading at high levels. COMEX gold closed around $4,600, up slightly. Nvidia’s positive news lifted risk appetite to a certain extent and pressured gold prices. However, geopolitical worries and central-bank gold buying provided a bottom support. Funds are still on the sidelines, awaiting Jackson Hole policy signals, and have not yet broken into a clear direction.
- BTC: It followed the upswing in risk sentiment, spiked up and then pulled back. It has currently broken above 81,000.
A rebound in risk-asset sentiment boosted short-term recovery, but the bulls lack sustained momentum. Overall, it remains a range-bound market with no effective breakout. Funds are waiting for macro developments to land before choosing a direction.
Key after-hours news: Anthropic is preparing for an IPO and plans to allow existing shareholders to sell part of their shares. SK Hynix’s CEO said there is no obvious downside pressure in the memory industry. The market’s core focus is still on Jerome Powell’s speech at Jackson Hole.
$NVDAB
$BTC
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