Someone asks me what I think about reading the market, and the line that comes to mind is this.
There’s a principle mentioned in the section about selling too early (selling too high, but not the top): after you sell too early, the biggest taboo is to go back and chase it. That’s no longer trading—it’s just throwing a tantrum at yourself. If you made a profit, then you made a profit. Selling too early shows that your system is working; you just didn’t catch the fattiest segment.
Take today’s $ETH as an example: right now it’s 2,522, up +3.18% over 24h. This kind of chart just happens to confirm the principle above. It’s not a coincidence—it's human nature repeating itself on the chart.
This sounds simple, but there’s still a lot of tuition to pay to do it.
The recent high and low in this period are 80,800 / 77,991, with trading volume of 1.277 billion USDT.
77,991 is the key support to watch right now. If it breaks below, there won’t be any clear spot buyers to catch it. On the upside, 80,800 is the resistance for this leg. Unless it can break above with strong volume, any rebound should only be viewed as a rebound.
During this time window, liquidity is rather thin, and price can easily be pushed around by small orders—so wicks and sweep moves aren’t unusual. If you really want to act, don’t chase the market price when placing limit orders, and don’t set your stop-loss too tightly.
I read an old saying and suddenly it matched what was happening in today’s market.
In the real story of compounding, it mentions a principle: For a long stretch at the beginning, the compounding curve is almost flat—so flat it makes you doubt your life. Most people die in that flat phase. Only those who can read that curve can endure the boredom in the early period.
Take today’s $BTC as an example: right now it’s 80,602, 24h +3.13%. This kind of market action perfectly confirms the principle above. It’s not a coincidence—it's human nature repeating itself in the charts.
The more I think about it, the more I feel that in the end, trading isn’t about technique—it’s about temperament. First, tighten up your position sizing.
There's not much to say today—let's talk about something else.
In *The Big Short*, a lesson is explained: the people who shorted subprime mortgages went through two years of agony and mockery before being right. Just because you see the right direction doesn’t mean you’ll live to the day when your call pays off. That’s why position sizing and time are more important than direction.
Take today’s $ETH as an example: right now it’s at 2,509, up 2.38% in the past 24 hours. This kind of chart action perfectly confirms the point above. It’s not a coincidence—it’s the repetition of human nature in the market.
Everyone’s heard the lesson; the hard part is whether you can do it when that moment finally comes.
Save your ammunition—nothing is more important than that.
At this time last week, nobody dared to say that BTC would close above 79,000.
Today’s low is 77,633, high is 80,520; now it’s 79,540, with a range of 3.7%.
The high at 80,520 is pressing down on your head. Without breaking through 80,000, the bias still leans bullish.
RSI is currently 58—not overbought yet. There’s still room to the upside.
MACD: DIF 33, DEA 25. It has just formed a golden cross above the zero line, and the red histogram is lengthening.
Price is above the MA5 at 78,800, and also above the MA20 at 77,200. The moving averages are trending upward.
The Bollinger Bands are opening upward. The midline is 77,200, and price is trading above the midline.
Trading value is 1.183 billion (in the local unit), and volume is ordinary. There’s no breakout with increased volume—so don’t expect the short-term move to finish in one go.
80,520 is today’s high. If it can’t get past it, then it’s still likely to consolidate; 77,633 is today’s low. If it breaks that, the bullish logic is basically over.
ETH is lagging a bit: current price 2,497, up 1.67%, but MACD is still a dead cross and RSI is only 45.
Its daily high is 2,567 and low is 2,432. Right now it’s stuck in the middle, with sell pressure clearly heavier than BTC.
PEPE is up 5.35%, but trading value is only 0.4 billion—purely emotion-driven.
Without volume, capital doesn’t dare to chase the main trend and instead all goes into meme coins to grab some meat.
Bullish signals: MACD golden cross, price above the moving averages, RSI still has room.
Bearish signals: insufficient volume, ETH didn’t follow through, and 80,520 hasn’t been broken.
In terms of positioning, the bulls have the advantage; in terms of quality, they lack one crucial dose of volume.
Honestly, I don’t think we can directly break through 80,520 right now. I’ll only buy the pullback, not chase.
I plan to buy at the pullback around 78,800, set the stop-loss below 77,633, and reduce half at 80,500.
Tomorrow, the most worth watching is whether BTC can build volume and push through 80,520.
Same position, different costs—do you dare to take it?
What today taught me: with no volume behind it, even if the move goes higher, it still feels uneasy.
What I feared last week—I’m still afraid of this week.
I read a line in a book: “The market doesn’t have ears.” I looked up at $ETH —2,496, up 1.66% over the past 24 hours.
It doesn’t know how many candlesticks you stared at through the night. It doesn’t know how many times you cut your position at this spot for a loss. And it definitely doesn’t know you’ll have to pay rent at the end of the month. It just keeps walking its own path, caring nothing about you.
When I first started trading contracts, I always felt like the big players were watching the orders in my hand. The wicks were poking in so viciously, as if they were specifically here to harvest me. Now I understand— the market doesn’t even recognize me. It hasn’t even spared me a glance.
Today’s $814 million in trading volume has nothing to do with my mood. Whether it’s up 1.66% or down 2%, it isn’t moving for me.
Right now I’m holding 40% of my position. If it drops, I won’t add.
Current price is 0.027. In the past 24 hours, it’s risen 12.5%. Only 0.31 billion in turnover. Volume has contracted—seriously.
RSI is 58.6, fairly strong but not overbought. MACD is still bearish: DIF=0.0014, hugging the zero line. MA5 is capping at 0.0273, with the price pinned below it. MA20 is at 0.0263, and it still hasn’t been lost.
A volume-contracting rally isn’t “real money” entering. Bears covering and hot money sweeping—this kind of rise usually makes it easy to give back in tomorrow’s morning session. When RSI and MACD are at odds, I only look at volume. If volume doesn’t keep up, no matter how good the chart looks, it’s just fake.
My bias is bullish, but I must wait for volume. To stand above 0.0273, it needs increased volume. If it breaks and holds above 0.0273 on volume, DIF will tilt upward as well—I’ll chase the long. Entry: 0.0273. Stop loss: 0.0263. First target: 0.0315—that’s the previous dense trading zone. Second target: 0.03196, the high from the early-morning today. If it spikes on low volume, I won’t enter.
If it breaks below 0.0263 on rising volume, DIF will be pulled down beneath the zero line, and I’ll exit the longs via stop loss. There’s no support in between; the double bottom below is at 0.01867 and 0.01876. That distance is too far—not worth it.
For support/resistance, I plotted them using moving averages, the previous high, and the 24-hour high/low. You calculate it yourself—don’t take everything as gospel.
2432—those needles—I watched with my own eyes as it didn’t get filled.
At the time I thought I’d wait for 2415, but it instead bounced straight above 2500.
Now at 2503: 1-hour RSI is 52.3, MACD is bullish, volume ratio is 0.0—squeezed so hard it has no spirit left.
MA5 at 2514 presses down, MA20 at 2492 props up, and price is stuck in the middle.
Bollinger upper band 2544, lower band 2440; it’s positioned slightly high, bandwidth is 4.2%, and it looks like it’s tightening again.
On the 4-hour chart, MACD is bearish; the volume ratio is 1.8 with an expansion in volume—selling pressure is real.
But on the 1-hour chart, volume is shrinking; price hasn’t broken below MA20, which suggests it can’t be hammered down.
At a time like this, chasing longs isn’t worth the odds.
For an upward move to happen, it needs to build volume and reclaim 2547—the prior high—then next comes 2566.
If it breaks down below 2432, long positions’ stop-losses will get triggered and cascade; only 2415 is strong enough to absorb it.
What it most resembles right now is a volume-shrinking pullback—wait for it to step on and stabilize, then go up.
My plan is to enter long around 2440 on the pullback, put the stop-loss below 2415. First target 2547. When it reaches that, I’ll cut half; the remainder will be aimed at 2566.
This is just my own plan—your money is in your own pocket.
This isn’t catching a bottom; it’s waiting for favorable odds.
I’m holding a long position of 79,756, but my heart is in panic. MA5, MA20, and MA50 are aligned in a bullish formation, and the price is above. But RSI is 72.8—already overbought. The 15-minute RSI is 75.0, even more aggressively overbought. The 4-hour RSI is 43.9, and the MACD is still bearish. Big and small timeframes are fighting each other—I'm a bit confused. Volume ratio is 0.0, with contracting volume. Price is pushing against the 24h high of 80,022, but volume isn’t keeping up. With contracting volume, a push higher feels like it won’t last—like it could reverse in a flash. The Bollinger Band bandwidth is 2.5%, and the price is riding the upper band. Upper band: 79,709; current price: 79,756—already out of bounds. At this position, I won’t chase. If it pulls back to the MA20 at 78,715, that’s when I plan to enter long. Set the stop-loss at 77,633—below the 24h low. Initial target: look at 80,022; scale out at the prior high. If price breaks below 77,633, I’ll admit I’m wrong—4-hour bearish pressure is there, and I don’t dare to hold on stubbornly. Trust me? Better trust the crocodile shedding tears. Whether this is a rebound or a reversal—I can’t be sure.
Last week at this time, I was staring at the candlestick chart and cursing it for being useless. Now, with the same screen in front of me, I actually feel like laughing.
$ETH Today it’s up 2,534; in the last 24 hours, it rose 2.89%, with trading volume of 675 million USDT. The numbers aren’t small, but I don’t feel like getting excited.
“Keeping a normal mindset” — anyone can say that. If you profit, don’t get cocky; if you lose, don’t panic. It sounds like nonsense.
The real hurdle is the day your account shows a floating loss of 30%. Can you still place orders exactly as planned, instead of trembling and cutting losses?
I tried. The first three times I sold at the lowest point. The fourth time I finally understood: panic is instinct, but following the plan is a skill.
Today’s chart move is steady—nothing too hot, nothing too cold. The volume is real, though. It didn’t push me to chase, and it didn’t scare me into running.
Chan Buddhism says that the “normal mind” is the way. I don’t think it means you must have no emotions—only that emotions shouldn’t snatch the steering wheel.
Last week’s me couldn’t have imagined being this calm.
The afternoon market is as quiet as if trading has ended early. Only $XRP has $225 million USDT in volume. Down to the fraction of the 20-day average volume. Both bulls and bears are waiting. The price at 1.4050 is grinding against MA5 at 1.4062. MA20 is capped at 1.3964. The Bollinger Bands are slightly skewed upward, with a band width of 8.1%—but they haven’t widened. RSI is 59.5, not overbought. MACD is bullish, with DIF at -0.0058. A golden cross below the zero line—don’t treat it as a trend reversal. If I were a whale, I wouldn’t smash it here. With this volume, even big money can’t easily get out. Your cost basis is in the 1.36–1.40 range. If it breaks down through 1.3574, that’s handing the chips to the dip-buying crowd. I’d rather hold MA20 and wait for a breakout with increased volume above 1.44. Then I’ll go after 1.4976, stacking around 1.4964—resistance is clustered there. If the funding rate is on the high side, I’d discount the bullish view. I plan to buy a little on the pullback to 1.3960. If it breaks below 1.3574, I’ll admit I’m wrong. Trim near 1.4970. These are my own positions—I’m not advising you to follow. Your position is in your own hands.
Someone is placing orders here to chase longs and build a position. I’ve been watching the 15-minute RSI divergence.
Last night, the 2,533 high was touched without much volume, and during the late hours it started a slow, bearish drift. At around 2:00 a.m., that long lower wick plunged to 2,387 and swept out everyone who was chasing longs.
Now the 4-hour RSI is 50.8 and the MACD is still in a bearish alignment, but the 15-minute RSI is down to only 34.3— the short-term drop seems to have stalled. The volume ratio is 0.1, at 636 million USDT; with volume like this, both bulls and bears are pretending to be dead.
Price is stuck between MA5 at 2,481 and MA20 at 2,473. Above, 2,533 is the 24-hour high, and 2,547 is the dense, trapped-liquidity zone from the prior week. Below, 1,915 and 1,922—those two levels—were created by the needle wicks last month, and they’re too far from the current price; if you really go there, it would just turn into a stampede.
On the Bollinger Bands: upper band 2,530, lower band 2,417. The band width has narrowed to 4.6%, so it’s about to choose a direction. My plan is to enter around 2,440, with a stop-loss at 2,380. First target: 2,530. If it breaks, I’ll look at 2,547.
Don’t blame me if I’m wrong, and you don’t need to thank me if I’m right. This isn’t advice—just that I’m itching to gamble.
Last time we had this kind of low-volume bearish drift, I waited and then got two big bullish candles.
The strongest 午盘(midday session) is SNDKB, 1,543, up 3.38%, with trading volume of 0.48B USDT.
People allocate capital to it because the MACD is in a bullish alignment, and the DIF is still holding above 15.75—long positions haven’t left.
RSI is at 69, just one step away from overbought. Those who chase highs should weigh it themselves.
MA5 is at 1,542, and the price is right pressing on the 5-day line. MA20 is at 1,513, so the short-term focus is still being lifted upward.
However, the volume is only 0.1 times the average volume—it's contracting heavily. This kind of rise is propped up by money, not built by volume; it feels artificial.
Support is at 1,443, the previous low area. Resistance is at 1,566—today’s high, also the upper edge of the past 24 hours.
My plan is to buy near the pullback around 1,513 to 1,520; if it drops back to 1,443, I’ll admit the mistake and exit. When it runs up to 1,566, I’ll reduce my position.
I only say how I place my orders. I’m not urging anyone to follow.