J Welles K

✍ 【X Trading Log - Date: 2026-02-09 Crypto Record】

📣 Today's Quote: It is clear that the cryptocurrency market has shifted from a unilateral decline to a range-bound fluctuation. In the next actions, if based on the current price, whether going long or short could be quite uncomfortable unless you already have a good price. In the short term, there will definitely be fluctuations within a certain range; skilled traders can give it a try, but for newcomers or those not proficient, it is recommended to hold back and not make random moves.

🕋 Market/Holding Objects: Binance - $BTC Perpetual / $ETH Perpetual / $ETH Quarterly (closed).

📊 Signal Type: After triggering the strategy point on January 20, the current perpetual signal has not yet changed, so it remains held. The ETH quarterly signal has completed signal coverage from entry to exit, taking profit on exit.

🧮 Entry Logic: Price touches the predicted level, BTC perpetual and ETH perpetual are still in the market.

📲 Execution Process: Both BTC and ETH perpetual are maintained, ETH quarterly entered on January 29 and took profit on February 8.

📈 Result: ETH quarterly has taken profit, with a gain of 253.61%.

📑 Note: Using a small account on Binance to record trading status to avoid exposing the main account.

#BTC #ETH

📌 Attachment: Everything is fleeting clouds diagram

$BTC
If you opened a long position on BTC at 9 PM last night, you can quickly close it now. The 1-hour chart has reversed in the short term, and the best closing point is at 68753.94. If you haven't closed yet, make sure to liquidate as long as you're in profit to capture short-term gains!
It's about to start falling again...

Bitcoin at 9 PM Beijing time, just now,
The 1-hour line crosses 66566.89,
If trading in the hourly phase, this is a good intraday short-term operation price.
However, from other levels, it is still clearly in a bearish direction, long-term holding should be cautious!

$BTC

【February 6th, Xinhua News Agency: Eight departments including the central bank: Internet companies are not allowed to provide online operating venues, commercial displays, marketing promotions, paid traffic diversion, and other services for virtual currency and tokenization of real-world assets】

Alright, alright, the main focus is to add a knife stab, right??

If Bitcoin and Ethereum continue to decline, they will break below the monthly line, and the overall pattern will completely collapse. The next time this situation occurs will still be in the distant year of 2022, with the following conditions:

BTC May 2022 (40000.00) ~ November 2023 lowest dropped to 15516.08

ETH June 2022 (1970.99) ~ January 2024 lowest dropped to 881.78

Old Master keeps the account~

✍ 【X Trading Log - Date: 2026-02-05 Crypto Records】

🕋 Market/Asset: Binance - $BTC / $ETH / $ETH Quarterly.

📊 Signal Type: Core indicators triggered on January 20, ETH quarterly signals strengthened on January 26, strong bearish signal.

🧮 Entry Logic: Price reaches forecast level, position risk control for the three assets is approximately 35% of total account.

📲 Execution Process: Set stop loss at opening, do not set take profit, let the bullets fly, avoid emotional interference. On February 4, ETH quarterly approached the take profit price but quickly moved in a favorable direction, so continued to hold.

📈 Result: All three assets are held / Average floating profit approximately 331.28%.

📑 Remarks:
① Use Binance small account to record trading status to avoid exposing main account.
② One-sentence thought: Sometimes it's hard to understand how those fully exposed traders think with their clear positions?? Your entry point, position ratio, and amount are all visible to others; if someone malicious acts in the market (especially in crypto), isn't that easy? Perhaps my understanding is not enough to see through everything, just like not understanding why so many people persist in holding coins even though it's clearly a bear market.

📌 Attachment: Everything is fleeting.

✍ 【X Trading Log - Date: 2026-02-01 Crypto Record】

🕋 Market/Target: Binance - BTC/ETH/ETH Quarterly.

📊 Signal Type: Indicator moves downward along the predetermined direction, maintaining positions, waiting for market performance.

🧮 Entry Logic: Stay in the market, except for BTC/ETH perpetual maintaining the established stop-loss points, ETH quarterly maintains trailing stop-loss, position risk control for the three targets is approximately 35% of the total account.

📲 Execution Process: Let the bullets fly, avoid emotional interference.

📈 Result: In position | BTC/ETH floating profit approximately 148%, EHT quarterly floating profit approximately 173%.

📑 Remarks:
① Use Binance small account to record trading status, avoid exposing the main account.
② One-sentence thought: If not exited, everything is floating clouds, just watch market performance.

📌 Appendix: Everything is floating clouds chart

At first, people thought BTC was just a small pullback, still a bull market………… until BTC fell below 60,000, 50,000, 30,000, 10,000……… 5,000……

Ten years later, when the child asks: "Dad, did Bitcoin really reach 126,199 dollars?"

On the construction site, you say: "Yes, child, although Bitcoin is only 100 dollars now, Dad really bought Bitcoin at 126,199 dollars." Crying out loud 😭 😭 😭
$BTC

Ah... what was I saying?

It has only been 1 hour

Bitcoin couldn't hold 80000

It plunged straight down!!

$BTC is very likely to fall below 80000 US dollars tonight.

The screen is filled with negativity, mutual attacks, both in Chinese and foreign communities, with no one posting positive content. Everyone is complaining, and in such an environment, the market is already fragile and vulnerable!

This kind of behavior will only drive more people away from the market; newcomers are afraid to enter, and old-timers lose confidence. The market will only become increasingly bearish, more and more like a stagnant pool of water.

Others look at cryptocurrencies as if going back many years, saying, “Look, that pile of junk!”

There's a strange phenomenon!

In 2018 and 2019, whenever those project teams experienced a crash, they would come out and tell the retail investors:

"Don't worry, the team is working, hold steady"

"The team is working" once became a popular meme in the crypto world.

And now??

It's dropping like poop💩,

and I haven't seen anyone come out to say,

hold steady, the team is working👻👻

Beijing time, in the past 24 hours, 170,000 people have been liquidated in the cryptocurrency market!

Is this the legendary golden pit??🕳

But after the pit, I rode a roller coaster 🎢 and then the pit again 🕳

#XAUUSD #黄金

Breaking: The U.S. government "shutdown" panic triggers global asset collapse!

Perhaps this is the reason for the sudden plunge of gold, silver, S&P 500, Nasdaq index, and cryptocurrencies tonight!

The U.S. federal government faces another risk of partial "shutdown," causing severe market turmoil. This sudden crisis has shattered the calm of the market, plunging it into panic.

With rising risk aversion, the U.S. dollar index soared, leading to expectations of liquidity tightening. Institutions are likely to sell various assets for cash, causing traditional safe-haven assets like gold and silver to be sold off.

The S&P 500 and Nasdaq indices plummeted, with technology stocks bearing the brunt; cryptocurrencies, viewed as high-risk speculative assets, naturally could not escape, as the already cold market faced a bloodbath as expected.

✍ 【X Trading Log - Date: 2026-01-30 Crypto Record】

🕋 Market/Asset: Binance - BTC/ETH/ETH Quarterly.

📊 Signal Type: Core indicator triggered on January 20, BTC/EHT perpetual has been in a holding position, ETH quarterly short signal was stopped out on January 28, January 29 23:34 reached the opening position again, re-entering the short position.

🧮 Entry Logic: ETH quarterly price touched the predicted level again to short, the position risk control for the three assets is approximately 35% of the total account.

📲 Execution Process: Set stop loss immediately after opening, no take profit set, let the bullets fly, avoid emotional interference.

📈 Result: Holding | BTC/ETH floating profit approximately 40%, EHT quarterly floating loss approximately 3%.

📑 Remarks:
① Use Binance small account to record trading status, avoid exposing the main account.
② One sentence thought: Volatility is tormenting, only a dramatic drop, even breaking the entire technical line, leading to a destructive technical bear market, can the market be completely repaired, ushering in a brand new cycle.

#BTC #ETH

📌 Attachment: Everything is fleeting clouds diagram

Using the entire position is too risky; it's better to switch to a gradual position and maintain a reasonable margin (i.e., the maximum loss you can accept). Additionally, the current market is mostly volatile, so high leverage is not recommended; a leverage of 10x is preferable.

Why did the technical traders miss out on gold??

If you didn't enter the market 10 years ago, you would have missed it~

I don't know about other technical traders, whether they missed gold this round, especially those following CTA strategies, I think most of them probably missed it badly!

I am one of those who missed it badly, but when I did historical backtesting, I found points that made sense to me (if only there were a shuttle, how great would that be, NM)

Through historical backtesting, assuming you were trading gold on a weekly chart, you might have endured a long 20+ years of fluctuations, from 1996 to 2016, your net value might not even break 1.000. The weekly chart is like that, and the daily chart is even harder, unless you held onto it since 1996, it's like when someone tells you that you should have held onto Bitcoin since 2013.

So what is the only effective strategy? It's the monthly chart!

Assuming you entered the market in November 1996, buying gold spot at a price of 373, and held onto it until April 2013, selling at a price of 1239, you would have achieved a 425% return. Then comes the decline, fluctuations, and entering a consolidation period. You would find that 3 years later, in February 2016, the market would show some trend illusions, so from February 2016, you would suffer losses until September 2022, lasting 8 years. Do you think you could endure 8 years of fluctuations?? I think such people are rare.

But if you really immersed yourself in this gold trading, chances are in March 2023, you would enter the market at a point of 1969.31, then set a stop loss at 1809.425, and let the bullets fly wildly. Six months later, you would be lucky enough to encounter fortune, and in October 2023, gold would pull back to 1810.465, just 1.040 away from hitting the stop loss!!! So if you held onto your position, gold would be soaring. By January 28, 2026, with an intraday price of 5234 yuan, your floating profit would reach 165.88%. If you started from 1996, your net value would have reached 12.594. This is the historical review, ups and downs!

However, the reality is that most of us see and truly feel the soaring gold in 2024, or even 2025. As a technical trader, seeing that nearly 90° parabolic curve starting from 2023, how could you convince yourself to enter the market?? In the end, I couldn't persuade myself, sigh~ so I missed it.

#黄金 #XAU #Xauusdgold

ETH quarterly stop loss triggered, positions have been closed.

A wonderful long article shared by the 'Warren Buffett' of the crypto world, Pickle Cat (@0xPickleCati). I copied a segment of it; for more exciting content, you can check out the full text on Twitter.

"Five Questions for Self-Protection for Retail Investors":

1. Are there 'outsiders' entering the market?
A group of participants has emerged whose primary purpose is not to make money; the people you see are no longer just here to trade coins. They are creators, builders, or individuals seeking identity recognition. If the room is filled only with traders, then the room is essentially empty.
(If you are a trader and reading this—well, I am also a trader. You and I both understand that to keep this game going, relying solely on our PVP is not enough.)

2. Can it pass the 'incentive decay' test?
Observe what happens when rewards are depleted or prices stagnate. If people stick around, it indicates a habit has formed. If they disappear as soon as the 'free lunch' stops, then what you are facing is merely a bunch of air with price tags.

3. Are they choosing 'daily habits' over 'positions'?
Novices only look at candlesticks, while experts observe what people do every day. If they have built daily habits around this system, then it is a permanent upgrade.

4. Is there a phenomenon of 'behavior > experience'?
Real change occurs when the tools are still primitive, decentralized, and inefficient. If people are willing to endure a poor user interface to participate, then this behavior is 'effective'. By the time the applications become smooth, elegant, and refined, you are already late.

5. (The most important point!!) Is there 'power generated by love'?
This is crucial. When people start to defend a system, it is because it forms part of their identity, not just because they might lose money; that is when the transformation is complete.

So, if you only focus on price and infinitely fantasize about aggressively bottoming out at a certain price, that might be the reason you forever 'sell at the top of a big trend,' 'can't hold on,' 'always have a breakdown in mindset,' or 'can't sleep with a position.' The reason for the emergence of a huge bullish candle is that behavioral patterns have already changed months ago.

Price is the result of this transformation; price is merely a lagging indicator that finally acknowledges that the world has moved forward.