When Buffett became a '韭菜' in the crypto world.

It was a dark and windy night when Bitcoin suddenly plummeted by 30%, and the crypto world was in despair.

I curled up in bed scrolling through my phone and saw someone in the group crying: "It's over, it's over, it's at zero, the rooftop wind is so cold!"

At this moment, a message suddenly popped up - "Buffett has heavily invested in Bitcoin."

I was shocked, rubbed my eyes: "What? That old man who said 'Bitcoin is rat poison'?"

Upon refreshing, the news changed to: "Buffett clarifies: Account was hacked, and I still only love Coca-Cola."

That's how the crypto world is; when everyone is shouting 'this time is different, eternal bull market', Buffett might quietly lock his keyboard in a safe.

When the '韭菜' cry out to cut losses, the old man might be secretly asking Musk: "How do I register for that Dogecoin wallet?"

So, what if the bull market comes?

—— First, see if your neighbor has started selling their house All in.

(At this point, please silently recite: When others are greedy, I am fearful; when others are fearful, I... wait, how are they greedy again?!)

Haha, just joking, today is July 16, 2025, Wednesday. Now Bitcoin's price has risen quite high, although it hasn't reached 125000, it's not far off. Ethereum surged to around 3080 yesterday, which is also a relatively high point. Both Bitcoin and Ethereum had a long upper shadow on their daily lines yesterday, so today's pullback is a normal phenomenon.

For the next operations in the spot market, my advice is not to rush to chase highs, just wait and see. Today, the pullback of altcoins is not too much; Bitcoin has only dropped by 3%, and Ethereum has also dropped by a little over 2%. Altcoins generally fell by about 5%-7%. This kind of drop is not significant. If altcoins can drop back to the starting point, that would be a more reasonable pullback. The key is to see how Ethereum moves next; if it breaks below 2600, altcoins will probably drop back to more than half of their gains. So patience is important; don't get complacent because of a little profit, and don't lose heart because of a little loss. In short, just don't chase the highs.

Bitcoin is currently at 117000. Yesterday, the daily line closed with a small bullish line with a long upper shadow, and the weekly line has started to turn bearish. If this week closes with a solid bearish line, it might drop to around 110000, and if it falls hard, it could even reach the support level of 107000. Imagine if Bitcoin drops by 10%, how much will altcoins and Ethereum drop? This is a very clear signal. If Bitcoin drops below 116000 today, you can pay attention to the small support between 113000-114000, with resistance between 118000-119000.

Ethereum didn't reach 3200 this time, and the increase yesterday wasn't much, so the pullback today isn't significant, just falling back to the starting point of the day before yesterday. Today, we need to pay attention to whether 2900 can hold, with a focus on the support at 2800. If Bitcoin drops to 116000, Ethereum would be around 2900; if Bitcoin goes down to 113000, Ethereum might be at 2800. In this round of the market, we should focus on the first support level between 2600-2800, and the second support level is between 2300-2400. There's no need to say much about altcoins; if Ethereum crashes, altcoins will at least drop by more than 30%.

In short, this wave today is just a small pullback. Let's not even talk about what will happen if Bitcoin drops to 100000; just breaking below 110000 will definitely drag Ethereum down, and altcoins will suffer even more. So, for now, it's still advisable to stay calm and observe.

Still the same saying, when the bull market doesn't know what to do, click on Kwei's avatar, follow, and get the bull market spot planning, contract password, and free sharing.

Continue to pay attention: $BTC $ETH #山寨季何时到来？ #Strategy增持比特币