Tonight at 22:00 Beijing time, this guy Walsh will make his debut at the Jackson Hole Annual Meeting. We have to treat this as a chance to recover, not a reason to keep losing. Since Walsh took office, his style has been—sparing with words. I won’t give guidance; you have to guess for yourselves. At the July press conference, with some vague maneuvers, he directly pushed the 30-year US Treasury yield to the highest level since 2007. Wall Street is now anxious, forcing him to clearly address the word "inflation" tonight. Even more exciting, the Federal Reserve is already divided internally—hawks are calling for continued rate hikes, doves say wait a bit longer. Whichever side he stands on tonight will be the eye of the storm. There are basically three scripts to play out. Script one: Hawkish (clearly confront inflation) — Walsh slams the table saying "Inflation is my father, we must fight it to the end." The 30-year US Treasury yield could soar from 5.19% directly above 5.5%, the dollar takes off, gold and silver get hammered. But US stocks might drop first as a sign of respect—historical data shows the S&P falls on average 3.4% on the day the Fed Chair speaks at Jackson Hole. Script two: Dovish (keep dodging) — Walsh starts talking about "working group reforms" and "financial innovation" again. The market will interpret this as "this guy chickened out," the dollar’s credibility continues to collapse, and gold, $BTC, and other "anti-fiat" assets keep rallying. Script three: Sitting on the fence (most likely) — say a few tough words to soothe the bond market but give no clear signal on a September rate hike. The market will be volatile with sharp ups and downs, killing both bulls and bears, just as it has been these past few days. How will various assets move? The market is always here, but capital (principal) is the only thing that matters.

I feel very strange, it doesn't quite make sense logically. Why do I say that? Based on past experience, when policies are released and various favorable or even unfavorable conditions occur, shouldn't funds seek to hedge? $BTC and $ETH didn't continue to break new highs yesterday either. Although yesterday's rally was unclear, even after continuous consolidation, it shouldn't have failed to break through the lower support points. PEC had no impact, and Nvidia's earnings exceeded expectations but storage crashed sharply, completely diverging. Tonight at 10:30, when Wash speaks, I haven't seen funds in various assets hedge in advance. Strangely, they're all at highs. Does that mean it's really turning into a bull market? My personal view is that before 10:30 tonight, watch the fund situation. If the rally continues during the day, it's very likely to push higher. No matter how far this rally goes, there is no bottom. If funds drop during the day, then tonight's speech will be decisive, and blindly shorting would be fine. Sideways movement is definitely impossible. In summary, the decisive battle is tonight, and that should be correct. #沃什今晚亮相杰克逊霍尔，能否明确政策框架？

Woke up early this morning, feeling pumped, saw $SOL at 110. Yesterday when I opened a long position, I didn't hold on; I entered at 101.5. When it pulled up to 105, I thought it would reach 110, but it kept getting whipped back and forth in the consolidation. I hit my stop loss 7 times. At that time, I also checked the profit; the 110 level was about 600+ points. Everything is hindsight psychology, I was definitely beaten down. Looking back at $BTC and $ETH yesterday, I didn't open any positions. They really didn't break the previous highs and stayed around that area, giving me the feeling that shorting had a very high cost-performance ratio. The Fed's ignition signal is at 10 AM today, but unfortunately, the funds were all used up yesterday. But that's fine; even if I still had funds, I guess today would still blow up, as simple as drinking water. Tired, going back to sleep a bit.

Others trade crypto for financial freedom, but you trade crypto to prove the truth that "effort doesn't always lead to success, but not trying is definitely comfortable." Nearly four thousand trades in four months, just to lose 63,000. That kind of execution, if it were during the Anti-Japanese War, you'd definitely be a tough guy. 😭 Now it's time to take a break, no more opening positions. Forced melons aren't sweet; if you don't have the talent, just don't participate. My heart is exhausted 😫

Really fed up, isn't Nvidia the key to storage? The financial report is just a pile of trash! I originally thought it would drive $SNDK, expecting a 5% pre-market surge, and that it should rally at the open. I gave myself some psychological comfort, going all-in with a small position and gradually all-in with a large position. Within one minute of the open, two stop losses were hit directly, then it pulled and dropped. I'm really fed up, completely convinced. And then nothing happened, blindly going long on this cs coin $SOL, man, it just blew me out without any chance. Brothers, tell me how to play this game, getting blown out every day with no patience left, feels like trading is not suitable for me. The gambling nature is really too strong.

I'm really fed up, tonight it crashed again and again and again. Look at my trading record for the whole night, it's like a live-action "100 Ways for Retail Traders to Die." At 9:30 PM, I saw $SNDK had dropped quite a bit and thought, "This wave should rebound, right?" So I decisively went long at 1563. But right after I bought, it started diving. I didn't give up and added another position to average down. But it dived even more wildly. I tried to average down? It showed me its hand. After all these moves, I looked at my account: -72.42%, 50x leverage. If it sneezes a little, I go straight to the ICU. The funniest part is, in a fit of anger, I went short at 1538, and it actually dropped. During the day with SOL, it was the same: long at 103.9 with 100x leverage. I lose money with such precision, what else can you call it but talent? Now I think I've figured it out: I'm the exchange's best employee, showing up on time every day, sending money on schedule, never complaining, and after losing it all, I even write jokes to cheer everyone up.

Just lost on SOL, and now I'm at it again. So, before the $SNDK market opened, I took a quick look and a bold idea popped into my head: I'm aiming for 1700. Even though the market just repeatedly crushed me to the ground and my stop loss left my face swollen, my biggest strength is that I have no memory. I don't understand MA or Bollinger Bands, nor do I want to. Anyway, I'm just focused on that 1700, feeling like it has to hit that point. Pre-market is volatile, so who knows? But honestly, every time I say "no matter long or short," the market precisely moves in the opposite direction. Last time I said to short, it dropped but I exited; I said to go long, it dropped and hit my stop loss. Now I say aiming for 1700, and the market will probably teach me a lesson again. Alright then, I'm ready either way—see you at 1700 or see you at zero balance. 🙃 Friendly reminder: I might be the most accurate contrarian on the whole network. I suggest everyone use me like a streetlight—where I look, you better not go.

Hold steady at 104, aiming for 110 It hit my stop loss 7 times, still impressive. $SOL has to catch up in this wave.