My decision to short $ETH seems to be relatively correct. $ETH's performance is indeed not as good as $BTC. That is to say, under the same conditions, shorting $ETH theoretically can yield greater profits. ———————————— Currently, I still hold a rather pessimistic view of the market. I believe there has indeed been a lack of obvious positive news recently. Whether in the international market or the crypto market, overall there aren't many factors to be optimistic about. On the international front: US Treasury yields continue to hit new highs, and market expectations for Federal Reserve rate hikes have clearly intensified. These are quite obvious bearish factors. Regarding the crypto market: Previously, an exchange was hacked, resulting in losses amounting to hundreds of millions of dollars, with nearly $200 million worth of assets converted into $ETH. If this portion of $ETH is subsequently sold into the market, it could further increase selling pressure. It can be said that the crypto market is currently facing dual internal and external pressures. In such an environment, I do not currently believe the crypto market can easily experience a significant rally again. ———————————— Additionally, I have a speculation: This decline might be accompanied by a relatively large wick movement. Because it has been nearly a year since the last obvious large wick, such a situation is uncommon. From my observation, the crypto market often experiences phase-based large fluctuations, but so far this year, such extreme volatility seems not to have truly appeared yet.

Yesterday, positions were closed one after another. Held $BEAT for a month, Held $AKE for three days. Converted the unrealized profits of over 35,000U + 12,000U into actual realized gains. Might continue to close the $LAB position today. Locking in the profits first. There are several main reasons: First: The overall market trend is still upward, and various altcoins are showing some upward momentum. Second: The current risk-reward ratio is no longer as attractive as before. Third: I need funds for rotation. Unrealized profits cannot be directly transferred; only after closing positions can the funds be truly released for the next round of deployment. Trading is not just about chasing higher unrealized profits; sometimes timely realization of profits and releasing funds is also part of position management. $BTC $BEAT $AKE #WhyBTCRemainsResilientDespiteFedRateHikeRestart #EarningsWatchCostcoBeatsExpectationsMicronTakesOver #USLongTermBondYieldsKeepRisingFinancingPressureMounts

I used to share some short- to mid-term trading operations and market analysis. Actually, not trading frequently during this period has made me realize one thing: Even Bitcoin $BTC, which is relatively stable in the crypto market, still shows very irregular price fluctuations when the time frame is shortened, which is what we often call "a lot of noise." Not to mention various altcoins. You can compare the three charts below, which are daily, weekly, and monthly. You will find that from the monthly level, Bitcoin actually shows a very standard oscillating upward trend. Therefore, if you are a long-term asset allocator, you should pay more attention to whether this investment can continuously generate positive returns under the big trend. If you always focus on short-term fluctuations, I think this noise can easily make you give up on Bitcoin $BTC too early. Maybe one day in the future, you will regret being shaken out of the market because of short-term fluctuations and ultimately missing out on one of the world's most widely recognized assets—$BTC! #BTC #Bitcoin #加密货币 #比特币 #长期投资 #资产配置 #交易

$ONE is really powerful! Shorting with 3x leverage directly earned over 10 points, this move feels amazing! Good evening, brothers! This morning's small bearish candle was precisely caught by us, we shorted with 3x leverage and successfully harvested over 10 points. I have to say, even I am a bit impressed with this operation. Now just patiently waiting for two days, hoping for another big bearish candle to take off directly! This coin has high volatility and trading volume, short-term trading is really exciting, much more fun than those coins that don't move for half a day. Are any brothers also following $ONE? Welcome to chat in the comments, what do you think will happen next? Continue shorting, or wait for a rebound to operate? Let's communicate and learn together! #BTC spot ETF has attracted over $2.8 billion in funds for 6 consecutive days #US long-term bond yields continue to rise, increasing financing pressure #Trump reportedly rejects 7-day plan, Hormuz reopening regenerates again

This market trend is indeed quite interesting. $BTC is still hesitating, but altcoins have already started moving ahead! Earlier, BTC retraced from 87,200 to 82,800, and the market did go through a round of shakeout, but now it’s trying to rebound upward continuously. From the screenshot: $BTC is around 84,000, $ETH is holding at 2,690, and $SOL has already broken through 122. Capital is starting to diverge, and I’m more interested in observing—who will break the deadlock first? 📌 BTC: Currently, BTC’s 15-minute MA20 is around 84,021, and the price is oscillating near the moving average. There is resistance between 84,150–84,500 above, so I won’t rush to chase in the short term. Only if it truly stabilizes above 84,500 will I continue to watch 85,000–85,260. On the downside, first watch 83,800; if it breaks, then focus on around 83,000. 📌 ETH: ETH’s performance this time is relatively stable. It rebounded from 2,628 to 2,743 and then pulled back, currently oscillating near 2,690. Next, pay close attention to 2,685. If it can hold and break through 2,700–2,715, I will consider trying to go long, targeting 2,740. If it breaks below 2,670, I will first exit and wait and see.

$XPL misjudged. Originally thought that such a large-scale unlocking this time would bring obvious price fluctuations, but unexpectedly, not only did it not fall, it actually rose. It seems the project team currently has no obvious intention to sell. However, the scale of this unlocking is indeed very large, accounting for about 70% of the circulating supply, equivalent to suddenly adding tokens worth over 100 million USD to the market. Holding $PIEVERSE for so many days, finally starting to see some profit. Currently, there is nearly 10% profit, temporarily continuing to hold. As for $HYPE, it has also entered a consolidation phase following the overall market. My short position has been held for many days, really hate this sideways market. If it’s going to rise, then rise; if it’s going to fall, then fall. Don’t keep grinding sideways like this, give me a clear direction.😅 #BTC spot ETF has attracted over 2.8 billion USD in inflows for 6 consecutive days

$ZEC When watching some video commentaries at night, I saw a scene: a person got liquidated on a contract and then stood at the edge of a rooftop. I sighed and said: People like this are really too foolish. Money can be earned again if lost, but what if you lose your life? But then I looked at myself, living neither fully alive nor dead, what difference does it make? Right now, I really don't want to say a word. In the TV drama, the person who got liquidated was just part of the plot, happened in one episode, with slow motion and music, then it ended in the next episode. But now I am already standing on the edge of liquidation. Not truly liquidated yet, but suffering every day, enduring every day. Enduring to the point that I almost forget why I came to this market in the first place—to make money. It's really painful. Why did I short in the first place? Why did I borrow money? From August 16th until now, it's already the 26th day of shorting, and $ZEC has risen back to 1600 USD. I want to ask those brothers who have persisted until now: Do your families know? Or like me, have you told them nothing? Today is also the Mid-Autumn Festival. I haven't even eaten, nor answered a single call from family. I really don't know why I have to endure all this.