The high and low for this period are 66,190 / 62,006, with a trading volume of 2.368 billion USDT.
62,006 is the key support to watch right now. If it breaks, there are no clear levels below where buyers might step in. On the upside, 66,190 is resistance for this move; until price breaks above it on strong volume, any bounce should be treated as just a bounce.
Liquidity is thin during this period, so small orders can easily push prices around. Wicks and fake breakouts are nothing unusual. If you do trade, use limit orders instead of chasing the market, and don’t set your stop-loss too close.
The market will do what it does. There’s no point rushing.
Beyond the charts, there’s something I’ve been thinking about for a long time.
There’s a lesson in *Liar’s Poker*: The game Lewis describes on Wall Street is fundamentally about profiting from information asymmetry. The crypto world brought that game on-chain; only the players changed—they’re you and me. If you don’t know who the sucker is, the sucker is you.
Take $ETH today, for example: it’s at 1,809 now, down 1.33% over 24 hours. This kind of market action is a perfect illustration of that lesson. It’s no coincidence—it’s human nature repeating itself in the charts.
The market won’t go easy on you just because you understand how it works. Wait for the signal, not the mood.
Someone asked me how I read the market, and this is what came to mind.
There’s a principle about going against the trend: The urge to buy the dip comes from the illusion of a bargain. But in a downtrend, after cheap comes even cheaper. If you wait for the trend to turn before entering, what you miss out on earning is the insurance premium.
Take $ETH today as an example: it’s at 1,813 now, down 2.46% over 24h. This kind of market action perfectly illustrates the point above. It’s no coincidence—it’s human nature repeating itself in the market.
Between knowing and doing lie several liquidations. This time, I’ll just watch and stay out.
I went over today's market action before bed. Honestly, there was quite a lot of information in today's moves.
BTC fluctuated between 62,006 and 66,190 today, and closed at 65,438, down 2.10% for the day. The most interesting thing about this move isn't the price change itself, but whether trading volume kept pace. Today's volume was 2.638 billion USDT, which honestly isn't very active, suggesting market sentiment is still fairly cautious.
ETH was a little weaker, down 3.34% for the day and closing at 1,830, with a trading range of 1,711 to 1,859. Its correlation with BTC is still very clear: when BTC isn't moving, it's hard for ETH to make an independent move.
The biggest mover today was $? It rose ? for the day, with volume of ?. A move like this could mean funds positioned themselves early, or that emotional trading amplified the volatility.
The key signal today: whether BTC can see a surge in volume at a key level will determine its next direction. Tomorrow, I'll be watching closely to see whether BTC can hold the xxx level.
Down 1.65% on the day, closing at 65,570, with a high and low of 66,961 / 62,006. Trading volume was 2.668 billion USDT—a pretty solid showing for today.
The main thing to remember today is that BTC is still absorbing selling pressure. If it can find support near 62,006 tomorrow, there may still be room for the move to continue. But if it opens tomorrow with a sharp drop, today’s move was probably just a short-term trade.
Keeping some ammo on the sidelines is better than anything.
I copied this passage into my notebook and look back at it every now and then.
There’s a lesson in what it says about living expenses and spare cash: Trading with spare cash and trading with money you need for living expenses are two completely different games. You can’t afford to lose the latter. When you can’t afford to lose, you’ll lose your composure; once you do, you’re bound to lose. Solve this problem first, then talk about technique.
Take today’s $ETH as an example: it’s at 1,831 now, down 3.86% over 24 hours. This market action is a perfect illustration of the lesson above. It’s no coincidence—it’s human nature repeating itself in the market.
The market won’t go easy on you just because you understand the lesson. We’ll talk about it tomorrow.
$ETH is now trading at 1,824, down 4.51% over 24h.
The high and low for this period are 1,900 / 1,711, with a trading volume of 1.110 billion USDT.
1,711 is the key support to watch right now. If it breaks, there are no obvious buyers below. On the upside, 1,900 is the resistance for this move. Until price breaks above it on strong volume, any bounce should be treated as just a bounce.
Liquidity is thin during this period, so small orders can easily move the price. Wicks and fake breakouts are nothing unusual. If you do trade, use limit orders instead of chasing the market, and don’t set your stop-loss too tight.
ETH is currently at 0.059220 this evening, down 5.82% over 24 hours.
Today's range was 0.055430 to 0.063260, with a trading volume of 94 million USDT. During the evening, ETH is most likely to follow BTC's lead. If BTC suddenly surges, ETH will probably follow; conversely, if BTC plunges, ETH will have a hard time avoiding the fallout.
If you're thinking of making a move this evening, keep a close eye on the 0.055430 support level. If it holds, you could consider trying a small position; if it breaks, wait for the next support level. The biggest risk is getting caught up in the evening's excitement and jumping in without thinking it through.
I came across an old saying and suddenly saw how it applied to today’s market.
The I Ching’s ideas of change and permanence teach us this: it speaks of change, simplicity, and constancy. The market changes every day, but human nature doesn’t, and neither do cycles. Your job isn’t to chase what keeps changing, but to hold on to what stays the same.
Take today’s $ETH as an example: it’s at 1,829 now, down 4.19% in 24 hours. Today’s market action is a perfect illustration of the idea above. It’s no coincidence—it’s human nature repeating itself in the market.
Between knowing and doing lie several liquidations. Wait for the signal, not the mood.
The market is about to close, and $ZEC is definitely worth talking about today.
It rose +0.72% over the day, with a trading volume of 238 million USDT, making it one of the most active coins on the market today. The price climbed steadily from 801.52 to 930.49, and has now pulled back to around 911.78.
This trend suggests that the money hasn’t left yet, but some short-term traders are taking profits. The key thing to watch tomorrow is whether trading volume continues to rise around 911.78. If volume doesn’t pick up, it will likely pull back a bit; if volume continues to grow, there’ll be room for further gains.
Did you catch this move today? Are you still bullish on this coin tomorrow?
Away from the charts, let me talk about something I’ve been thinking about for a long time.
There’s a principle in *The Intelligent Investor*: Graham’s margin of safety: if you calculate something to be worth 100, you only buy it at 60. In crypto, there’s no intrinsic value to calculate, but the idea of a margin of safety still applies—your margin is how far your entry price is from your stop-loss.
Take $ETH today as an example: it’s now at 1,796, down 5.75% in 24 hours. This kind of market action is a perfect illustration of the principle above. It’s no coincidence; it’s human nature repeating itself in the charts.
It sounds simple, but it takes a lot of expensive lessons to put into practice. This time, I’ll just watch and stay on the sidelines.
Here’s where the market stands this afternoon: ETH is around 0.150200, down 8.41% over 24 hours.
The intraday range is 0.142600 to 0.164700, with a trading volume of 42 million USDT. Neither the bulls nor the bears are making any big moves right now; both sides are waiting for a signal.
If volume picks up this afternoon and ETH breaks above 0.164700, it would show that the bulls still have some fight left. On the other hand, if it retests 0.142600 and can’t hold, this rally may be coming to an end. For futures traders, the biggest mistake to avoid right now is betting heavily on a direction—you could easily get wiped out by a sudden move.
Are you sitting on the sidelines this afternoon, or looking to make a short-term trade?
Nothing much to say today, so let's talk about something else.
There's a principle discussed in On Freedom: Many people enter crypto hoping to achieve financial freedom, but end up more tightly bound to the market, checking their phones eighty times a day. If the way you make money costs you your freedom, then your ends and means have been reversed.
Take today's $ETH as an example: it's at 1,801 now, down 5.55% over 24 hours. This kind of market action perfectly illustrates the point above. It's no coincidence—it's human nature repeating itself in the markets.
We've all heard the principle. The hard part is whether we can put it into practice when the moment comes. This time, I'll just watch and sit tight.
Taking a quick look at the market over lunch. $ETH is showing pretty strong momentum today, up -3.56% over the past 24 hours.
The current price is 1,822, with an intraday high of 1,920 and low of 1,711. Trading volume is 1.013 billion USDT. That kind of volume shows this isn't just a minor move—there's definitely money paying attention to it.
But I have to say this: chasing a price at lunchtime comes at a cost. Many coins make a midday surge, then start pulling back in the afternoon. If you're bullish on it, instead of jumping in now, why not wait until the afternoon to see whether support holds?
At this lunchtime price, are you already in, or waiting for a pullback?
I just came across a passage and sat there stunned for a moment.
A thought from watching the market overnight: Anyone who’s been jolted awake at 4 a.m. by a liquidation alert knows what that feels like. After that, I set stop-losses on all my positions, and I’ve never been woken up in the middle of the night again. A good trading system should let you sleep soundly.
Take today’s $ETH as an example: it’s at 1,823 now, down 4.43% over 24 hours. This kind of market action is a perfect illustration of the point above. It’s no coincidence—it’s human nature repeating itself in the markets.
It sounds simple, but putting it into practice takes a lot of costly lessons. Keeping some powder dry is better than anything else.
I scanned the market early this morning, and $UNI looks interesting today—it moved -10.44%.
The current price is 4.9930, with an intraday high and low of 5.6470 / 4.6190. Trading volume is 71 million USDT, which suggests active buying—not just retail investors rushing in blindly.
When a coin suddenly sees a spike in volume early in the morning, it’s usually one of two things: either some funds have caught wind of good news ahead of time, or the big players are testing the waters. Either way, the last thing you want to do right now is chase it blindly. It’s already moved so much that the risk of jumping in outweighs the opportunity.
If you’re already in, keep an eye on 4.6190—if it breaks below that level, make sure you get out. If you haven’t entered yet, consider waiting for a pullback to a support level.
Off the charts, I want to talk about something I’ve been thinking about for a long time.
One principle in Zeng Guofan’s strategy was: build solid camps and fight the hard, plodding battles. With these six words, Zeng Guofan defeated the Taiping Rebellion. Applied to trading, it means: shore up your defenses first, don’t chase flashy moves, and keep doing the right things in the simplest, most methodical way.
Take today’s $ETH as an example: it’s now at 1,741, down 9.90% in 24 hours. This kind of market is a perfect illustration of the principle above. It’s no coincidence—it’s human nature repeating itself in the markets.
It sounds simple, but putting it into practice means paying plenty of tuition along the way. Wait for the signals, not for the mood.
ETH is hovering around 7.0460 in the early session, down 14.45% over 24 hours.
Last night’s high and low were 8.2530 / 6.9360, with prices trading within the range overall. The key thing to watch this morning is whether 6.9360 holds—if it breaks, there’s room for further downside; if it holds, we could see a small short-term rebound.
Trading volume is 33 million USDT, which isn’t particularly high, suggesting that traders are still sitting on the sidelines this morning, with no clear directional move. The last thing you want to do right now is rush into a trade—wait until things become clearer before acting.
A quick look before the market opens. BTC is currently stuck at 63,512, down 6.92% over 24h—overall, looking weak. ETH is hovering around 1,744, down 9.29% over 24h, also looking weak.
BTC traded between 63,320 and 68,446 overnight, so this is a pretty key level. If it can hold around 68,446 with increased volume after the open, short-term sentiment should improve a lot. On the other hand, if it drops below 63,320 right after the open, today will most likely be a choppy day.
ETH is more dependent on BTC’s direction. If Bitcoin doesn’t show a clear direction, it’ll be hard for Ether to move independently. Trading volume is 839 million USDT—not very active, which suggests everyone is waiting for a signal at the open.
I won’t jump in right at the open today. I’ll watch for half an hour first and wait for the direction to become clear. I’m noting this down to compare later.
I just came across a passage and sat there stunned for a while.
《周期》 talks about a principle: Howard Marks says the market is like a pendulum, constantly swinging between extremes. The pendulum swings even wider in crypto. What you can do isn’t predict where it will swing, but take the other side when it swings too far.
Take today’s $ETH as an example: it’s now at 1,783, down 7.82% over 24h. This kind of market action perfectly illustrates the principle above. It’s no coincidence—it’s human nature repeating itself in the market.
It sounds simple, but learning to do it takes a lot of costly lessons. Wait for the signal, not the mood.