Recap of yesterday’s view: In the past few days, pre-market price action kept consolidating around 158. Two hours showed weakening signals, so we anticipated a potential pullback risk. If it broke 154, it would likely further test the 147‑140 range.
Yesterday did not see a deep sell-off. The stock price went sideways near 158, and held the key 3–4 hour support level at 157.
Today, following the storage sector overall, it opened higher with a gap up. The pre-market price is 164.
The key overhead resistance is 167‑169. If it cannot hold above that resistance, it will still face pressure and pull back.
Near-term upside appears limited. Focus on whether the breakout above the resistance level is effective.
No need to rush, everyone—what should come will come. No form—until forms appear. Time appears, direction appears. ETH shifts from the box range toward an ascending triangle; there are signs of strengthening. And as the triangle consolidation reaches its end, a quick breakout/reversal is near. Plus, tomorrow—Friday night—there’s the Jackson Hole annual symposium. Ah Xin believes that before this weekend, it’s highly likely to see a directional move. If last night’s ETH low in the 2410–2430 support zone holds and is not broken, then continuing upward to test the 2550–2700 resistance zone is very promising. DYOR
Predict Successful Outcome Next, BTC may break toward 82,000 As long as last night’s low of 77,600 is not broken Later I will post a video for market analysis—please stay tuned
Review of yesterday’s view: Yesterday, we focused on the 154 defensive level. Over the past two hours, the indicators showed signs of weakening. The support at this level is relatively weak, and we still need consolidation to digest the positions. The support zone below is 147–140.
The trading rhythm of Hynix is wearing, making it hard to follow. The current pre-market price is 158, which is basically the same as yesterday’s level.
The two-hour weakening signals continue, and signs of a pullback are becoming increasingly clear. The 154 defensive level is unlikely to hold. The pullback range below remains unchanged at 147–140.
Once the price tests this support zone, I will update my judgment on the subsequent market action.
Over the next day, risk assets will go through two consecutive repricings.
At 20:30 Beijing time tonight, the U.S. will release, simultaneously, the July PCE and the second estimate of Q2 GDP.
PCE answers: whether inflation has continued to cool and whether the Fed has room to adjust policy.
GDP answers: whether the U.S. economy can continue to withstand high interest rates. If growth is strong while inflation is also high, U.S. Treasury yields and the U.S. dollar typically face upward pressure, and the valuations of tech stocks as well as BTC will be suppressed. If inflation is moderate and the economy does not show clear signs of stalling, risk assets will be more friendly.
Then at about 4:20 tomorrow morning Beijing time, Nvidia will report earnings.
This time, the market is concerned not only with how much Nvidia earned, but also whether AI capital expenditures can keep growing at a high pace, whether data-center revenue and gross margins can hold up, and whether the next-quarter guidance can support the valuations of the entire AI sector.
So the transmission order tonight is very clear:
Macro data → Interest rates and the U.S. dollar → Nvidia earnings → AI valuations → Overall risk appetite
From the daily K-line chart, the Nasdaq is still in a high-level range-bound move. The index has returned near the 20-day and 50-day moving averages, but it has not yet fully escaped the recent pullback. Tonight’s data will determine how high the market is willing to value tech stocks, and Nvidia will provide the validation: can AI growth actually sustain such lofty valuations? #加拿大对美加征最高50%反制关税
August’s value hits max directly Traverse through volatility and consolidations step by step—the market rhythm stays firmly on track. No gambling on luck—every profit comes from advance planning and strict execution. The market never ends. Stay humble and composed, keep your emotions in check, and continue moving forward steadily.
Revisiting yesterday’s view: Compared with Micron and SanDisk, Hynix’s trend has been relatively stronger—it hasn’t fallen back into the prior upward pullback range. The key defensive level is 154; once there is an effective break below, look toward the 147‑140 range.
Yesterday intraday, the low dipped to 151.53. Around the key defensive level at 154, there was repeated tug-of-war, but no further deep selloff. The current pre-market price is 160, which means it has returned to the support area.
Now the focus remains on whether 154 can hold. On the two-hour timeframe, indicators have already shown signs of weakening. Support at this level isn’t strong enough yet—it will need time to consolidate and digest positions.
The lower support range remains unchanged at 147‑140. Continue to track the strength of defenses on the chart. #三星SK海力士杠杆ETF首现月度净流出
80,000 level has already been directly broken through. The chart shows a forceful long bullish candle, violently pushing upward. It tested 81,270.5 during the spike; the current price is 80,653.3. The Bollinger Bands have fully opened upward, and the bulls’ strength has been completely released.
In this upswing, the market has broken through 80,000. The prior consolidation and shakeout ground down many people’s patience—many didn’t dare to go long. Now the price action is giving the answer directly. But after the spike, don’t get carried away and chase immediately. After the needle-like spike and high, the short term will likely need a pullback to digest.
Key levels are right in front of you: the near-term pressure above is 81,270.5. The first support below is 80,000, and the core defensive lifeline is 79,500. If you’ve been holding the bottom position, continue holding to capture the benefits of the big uptrend. If you already have a position, you can take partial profits on the short-term spike and lock in what you’ve got. Don’t chase aggressively to fight for entry if you’re not in yet—wait for the pullback to the 80,000–80,200 zone before considering participation.
The long-cycle bullish structure has already been confirmed. However, the faster the acceleration rally, the more sudden and hard-to-anticipate the needle-like shakeouts become. Position control must be in place. Don’t bet with a heavy full allocation that it will keep surging—hold the defensive levels so your core position can withstand and hold on to the bigger行情.
A 4-hour cycle with a stepped upward lift: the price stabilizes above the 2489 level, with the trend moving in tandem with the big coin (BTC). The 2532–2549 area overhead is a strong resistance zone. If price holds above this resistance, follow the trend and look for a bullish continuation. If the market keeps failing to break through the highs while continuously being pressured, the short-term will enter a pullback and the market will weaken.
Trading suggestions: Buy on dips with stabilization at 2460–2475. Place the stop-loss below 2430. Targets: 2520–2545;
If it faces resistance on the rebound at 2530 without breaking, you may open a small short position. Stop-loss: 2560. Targets: 2480–2450
In this kind of market volatility, if you still can’t make money, when there’s no volatility, you definitely won’t be able to either. In this kind of market, you don’t need to go study any charts like candlesticks. All you need is to keep an eye on the liquidity of the funds and the contract positions—this is more than enough. With just a little action, you can pick up money with a sack.
And on top of that, with the emergence of U.S. stock/crypto (American stock coins), there’s now one more indicator you can参考. Funds either go into the mainstream or into U.S. stock/crypto—these are conclusions you can reach without doing any research.
I’m Xiaodao, a trader who specializes in mainstream and U.S. stock/crypto. New and confused newcomers can come and learn my trading mindset. #加美贸易谈判破裂或引发新关税
AAVE, ENA, and PENDLE—these DeFi projects have appeared on recent strength leaderboards more than once.
If a coin only rallies for a single day, I’m more inclined to interpret it as short-term hype.
But within one sector, when different projects start rotating into activity, and strong coins keep showing up, that suggests that the focus of capital may have shifted from one coin to the entire sector.
That’s also why I’ve been recording the gainers’ list lately.
One of the most worth-watching sectors in a bear market—this is the only opportunity for small-cap users to make money. If you catch a wave of upward momentum, you can help your principal make a quantum leap. #Shein拟港股IPO募资至多18亿美元
From last year until now, it’s almost been a year of quiet, but I didn’t expect there to be so many old fans waiting for me. I didn’t disappoint anyone—when I came back, I immediately ran into a big opportunity, and it even let me successfully bring two longtime fans along to catch a wave.
The market conditions right now are still very good for making trades with more longs than shorts. And if you’re still losing money, brothers—grab your sacks and come pick up the money directly.
"Bro, I was looking at the right direction, but the position held for four days, I was charged 1000U in funding fees, and in the end, it liquidated. As soon as I closed the position, it took off..." I only replied: "You weren't wrong about the market, you were wrong about the rules." Many people trade contracts, only focusing on the ups and downs, completely ignoring the platform's 'game rules.' Let's clarify today.
First Pitfall: Funding Fees, quietly draining your wallet Do you think if you don't move the market, you won't lose? Wrong! Contracts incur funding fees 3 times a day (8 AM, 4 PM, 12 AM). If you are on the wrong side, you have to keep paying. If the rate is positive, longs pay shorts; If the rate is negative, shorts pay longs.
There was a guy who was fully long, held for two days, paying hundreds of U each day, and ended up liquidated. The next day, the market skyrocketed, and he was devastated.
Pitfall Avoidance Suggestions:
Avoid high fee times (for example, continuous two rounds > 0.1%) Control holding time within 8 hours Try to be on the side with reverse funding fees (the minority side)
Second Pitfall: Liquidation Price is not the line you calculated Many people think 10x leverage means a 10% drop will liquidate, but in reality, a 5% drop can 'kill' you. Because the platform adds a liquidation fee, the liquidation line is closer than you think!
Solution: Don't go all in, use 'isolated margin' to protect the overall position Control leverage at 3-5 times, don't hit the extreme Leave more margin to automatically extend the liquidation distance
Third Pitfall: High Leverage = Slaughtering Knife 100x leverage? Looks exciting, but the fees + funding fees are calculated based on the 'borrowed' funds. Even if you are right in direction and make a profit, once the fees + funding fees are settled, you might end up losing.
I suggest you remember one thing: High leverage for short trades, low leverage for long holds.
It's not that you can't do it, it's that you don't understand the rules. Exchanges are not afraid of you losing money; they are afraid of you understanding their 'tricks.' Want to survive and make money? Don't bet on direction, bet on rules. Follow me; I can't guarantee you'll soar, but I can help you avoid many pitfalls.
Breaking News! Will Bitcoin Face a "Total Ban on Holding"?!
Attention, fellow crypto warriors! The storm is back!
According to various sources, China is brewing a shocking new regulation that targets not only trading and mining but directly aims at the "ownership of Bitcoin" itself!
You heard it right—your "secretly" stored Bitcoin in your pocket may also be deemed illegal?!
Although mining has been banned and trading platforms shut down before, holding was still legal. Now? They are turning the tables: you may not even be allowed to own it?!
As soon as this news broke, the global market immediately shuddered! The Asian market was hit the hardest, and Bitcoin's short-term volatility intensified, prompting traders to activate the "explosion-proof position mode."
This is one of the biggest regulatory challenges Bitcoin has faced since its inception! It's important to realize that Bitcoin is decentralized and borderless; it can't simply be banned at will! But don’t forget, China is a country that can encapsulate the entire internet—if they truly decide to act, collaborating with banks, exchanges, and wallet service providers... it’s not a joke!
Insiders understand that if "banning ownership" really comes to fruition, it will force a massive outflow of capital, asset relocation, and trading offshore, potentially reshaping the global crypto landscape! But note: this is still only in the "discussion stage" and has not yet been formally legislated. But just the whisper of it is enough to stir up a thousand waves.
Fans asked me: "I want to short, can I get in now?"
I said, don't rush to board this train, this weekend's ride isn't a regular train, it's a roller coaster! Why? Because you need to know — The weekend market is either as quiet as a chicken or it explodes on the spot. Traders are off walking their dogs on the weekend, only the major players are still thinking about how to 'collect heads'! From a technical perspective, although the market seems to be stopping the decline a bit, if you really want to short, it's not about rushing in now, but rather waiting for it to come to you.
How to judge? It's simple, let's take out the Fibonacci ruler and measure as shown in the figure: The 0.5 position of the golden ratio is the 'rest area during the market correction'; The 0.618 position is the 'ambush area for short sellers'. These two points are likely where the major players will 'give you candy and then slap you in the face'. You might as well consider it: the market goes up to test people's hearts, and then decides how to harvest next.
Want to short? You can, but wait until it obediently climbs back to the golden level before throwing your shoes. Getting in now may not be shorting, but rather sending warmth. Stay calm, don’t rush, you can’t gain weight in one breath, and you can’t become a deity with one short. Don't be caught off guard when the market suddenly explodes, and then cry out: "Turns out I was shorting fake!"