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佬K看盘
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佬K看盘

用大白话讲清楚复杂行情|适合新手也能看懂的市场分析|每篇干货,拒绝废话。一个熬夜看K线的普通人|记录每一次判断对错|行情有涨跌,思路要清晰。专注加密市场行情分析|多维度拆解趋势与筹码结构|理性看盘,拒绝喊单,仅供参考不构成投资建议。
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At midnight I glanced at the gainers leaderboard—today’s secret pump is TLM. In the past 24 hours, it surged by 51 percentage points. At 4 a.m., the fake leaderboard looks clean. This push is basically emotionless—no hype trading—just daytime’s existing capital stubbornly propping it up. With a trading volume of 0.40 billion USDT, compared to before, the daily average volume is shrinking. Liquidity is thin in the early morning, which basically means the current buy side is small, and the sell side is even smaller. In just a few minutes, it could be smashed back down, and it could also keep charging for several candles. RSI is already 71.5, entering the overbought zone. MACD is still in a bullish alignment: the DIF line is 0.0002, and the trend hasn’t broken. MA5 is at 0.001780; the price is hugging MA5. MA20 is at 0.001482, and the short-term moving averages are still diverging upward. The key support to watch is 0.001482—that’s the MA20 level. If it pulls back to there and holds, it means this move hasn’t fallen apart. Resistance first sits at 0.002107, the 24-hour high. If it can’t break through, you get a double-top structure. The issue with the data is: shrinking volume + overbought conditions equals a classic “existing-liquidity pumping-for-ignorant-profits” setup. This isn’t new money coming in—it’s old positions propping it up. The biggest risk with this kind of market is that, all of a sudden in the early morning, someone dumps. If liquidity gets drained, in a minute it could drop by 15%. According to my own plan: if around 0.001482 it pulls back on reduced volume and holds, I’ll consider trying a small long position, with a stop-loss set below 0.001400. If it directly rips up toward 0.002107 with increased volume but stalls, then don’t touch it—wait for a pullback. If it goes up without volume, then even if it goes up, it’s false. The above is just my personal plan, not a signal call. I’m not touching this level.
At midnight I glanced at the gainers leaderboard—today’s secret pump is TLM. In the past 24 hours, it surged by 51 percentage points.

At 4 a.m., the fake leaderboard looks clean. This push is basically emotionless—no hype trading—just daytime’s existing capital stubbornly propping it up.

With a trading volume of 0.40 billion USDT, compared to before, the daily average volume is shrinking. Liquidity is thin in the early morning, which basically means the current buy side is small, and the sell side is even smaller. In just a few minutes, it could be smashed back down, and it could also keep charging for several candles.

RSI is already 71.5, entering the overbought zone. MACD is still in a bullish alignment: the DIF line is 0.0002, and the trend hasn’t broken. MA5 is at 0.001780; the price is hugging MA5. MA20 is at 0.001482, and the short-term moving averages are still diverging upward.

The key support to watch is 0.001482—that’s the MA20 level. If it pulls back to there and holds, it means this move hasn’t fallen apart. Resistance first sits at 0.002107, the 24-hour high. If it can’t break through, you get a double-top structure.

The issue with the data is: shrinking volume + overbought conditions equals a classic “existing-liquidity pumping-for-ignorant-profits” setup. This isn’t new money coming in—it’s old positions propping it up. The biggest risk with this kind of market is that, all of a sudden in the early morning, someone dumps. If liquidity gets drained, in a minute it could drop by 15%.

According to my own plan: if around 0.001482 it pulls back on reduced volume and holds, I’ll consider trying a small long position, with a stop-loss set below 0.001400. If it directly rips up toward 0.002107 with increased volume but stalls, then don’t touch it—wait for a pullback. If it goes up without volume, then even if it goes up, it’s false.

The above is just my personal plan, not a signal call.

I’m not touching this level.
ETH is still trading with the “big pie” at this point; it hasn’t moved independently. Liquidity is thin in the early hours. The level around 1,696 looks steady, but a single wick can punch right through. Right now the correlation rate is very high. If the big pie doesn’t move, ETH won’t move. If the big pie dips by 200 bucks, ETH could immediately flip and follow down toward the 1,600 area. MA5 is at 1,698, with price hugging it—there’s no real gap. MA20 is at 1,651, which at least provides a buffer for the bottom. RSI(14) is at 74.0, which is in the overbought zone. Chasing longs from here isn’t really worth it. MACD is still in a bullish arrangement, with DIF at 24.94, but volume has shrunk to 0.0 times the average volume—no one’s trading. In a low-volume state, bullish signals come with reduced reliability. The Bollinger Band is biased slightly upward; bandwidth is 8.9%, not wide. In the early hours, once a direction breaks out, it accelerates. The key support is at 1,552. That line marks the prior-low structure area—if it breaks to the downside, there’s nothing underneath to catch it. Resistance is around 1,725. The 24-hour high is right there; for a move up in the early morning, you’d need the big pie to increase volume and push. If the big pie suddenly dumps in the middle of the night, ETH’s first reaction will be to follow the drop. If 1,650 can’t hold, it will go straight to find 1,552. Order placement notes: Don’t place market orders in the early morning. When liquidity is poor, slippage can cost you two points. Use limit orders—place them well and walk away. My own plan is: if there’s a pullback to around 1,650, I’ll consider trying a long with a small position size, with a stop loss set below 1,640. First watch 1,700; if it breaks through, then look at 1,725. The above is just my personal plan, not a call to trade. This market is really exhausting. I’m taking a break.
ETH is still trading with the “big pie” at this point; it hasn’t moved independently.

Liquidity is thin in the early hours. The level around 1,696 looks steady, but a single wick can punch right through.

Right now the correlation rate is very high. If the big pie doesn’t move, ETH won’t move. If the big pie dips by 200 bucks, ETH could immediately flip and follow down toward the 1,600 area.

MA5 is at 1,698, with price hugging it—there’s no real gap. MA20 is at 1,651, which at least provides a buffer for the bottom.

RSI(14) is at 74.0, which is in the overbought zone. Chasing longs from here isn’t really worth it.

MACD is still in a bullish arrangement, with DIF at 24.94, but volume has shrunk to 0.0 times the average volume—no one’s trading. In a low-volume state, bullish signals come with reduced reliability.

The Bollinger Band is biased slightly upward; bandwidth is 8.9%, not wide. In the early hours, once a direction breaks out, it accelerates.

The key support is at 1,552. That line marks the prior-low structure area—if it breaks to the downside, there’s nothing underneath to catch it.

Resistance is around 1,725. The 24-hour high is right there; for a move up in the early morning, you’d need the big pie to increase volume and push.

If the big pie suddenly dumps in the middle of the night, ETH’s first reaction will be to follow the drop. If 1,650 can’t hold, it will go straight to find 1,552.

Order placement notes: Don’t place market orders in the early morning. When liquidity is poor, slippage can cost you two points. Use limit orders—place them well and walk away.

My own plan is: if there’s a pullback to around 1,650, I’ll consider trying a long with a small position size, with a stop loss set below 1,640. First watch 1,700; if it breaks through, then look at 1,725.

The above is just my personal plan, not a call to trade.

This market is really exhausting. I’m taking a break.
The order book at 2 a.m. is more honest than during the day. BTC is hovering around 61,616. At this hour, anyone still watching it isn’t a rookie—either they’re not new to this game, or they’re an old hand. Trading volume has shrunk to only a fraction of the daytime average. Liquidity is thin, like a sheet of paper. With a chart like this, a single large order can puncture the price by 200–300 points. If it moves up, 62,200 is a hard bone. It didn’t get past it in the daytime—at dawn it’s even more uncertain. If it drops, 58,310 is a checkpoint; below that, 57,800 is a psychological line. RSI is 66.4—slightly strong, but not overbought. MACD is still in the bullish zone. MA5 is at 61,684 and price is tracking along it. MA20 is at 60,860, so support is holding up reasonably. Bollinger Band width is only 5.5%, and the channel is tightening. At times like this, the directional choice often happens between 3 a.m. and 5 a.m. If suddenly a wick spikes down to around 58,300, I’ll consider a small-lot long attempt. I’ll place the stop-loss below 57,700, first looking at 60,500; if that breaks, then 62,000. If volume surges and 58,300 is smashed through, then I’d flip to short on a rebound toward about 58,500, with a stop-loss above 59,200 and a target at 57,000. Whatever you do, don’t chase orders in the early morning. The spread is wide and liquidity is poor. If you place a 10 BTC order, it may get swept through immediately. The above is only my personal plan—if you lose money, don’t come find me. This market really feels exhausting to watch.
The order book at 2 a.m. is more honest than during the day.

BTC is hovering around 61,616. At this hour, anyone still watching it isn’t a rookie—either they’re not new to this game, or they’re an old hand.

Trading volume has shrunk to only a fraction of the daytime average. Liquidity is thin, like a sheet of paper.

With a chart like this, a single large order can puncture the price by 200–300 points.

If it moves up, 62,200 is a hard bone. It didn’t get past it in the daytime—at dawn it’s even more uncertain.

If it drops, 58,310 is a checkpoint; below that, 57,800 is a psychological line.

RSI is 66.4—slightly strong, but not overbought. MACD is still in the bullish zone.

MA5 is at 61,684 and price is tracking along it. MA20 is at 60,860, so support is holding up reasonably.

Bollinger Band width is only 5.5%, and the channel is tightening.

At times like this, the directional choice often happens between 3 a.m. and 5 a.m.

If suddenly a wick spikes down to around 58,300, I’ll consider a small-lot long attempt. I’ll place the stop-loss below 57,700, first looking at 60,500; if that breaks, then 62,000.

If volume surges and 58,300 is smashed through, then I’d flip to short on a rebound toward about 58,500, with a stop-loss above 59,200 and a target at 57,000.

Whatever you do, don’t chase orders in the early morning. The spread is wide and liquidity is poor. If you place a 10 BTC order, it may get swept through immediately.

The above is only my personal plan—if you lose money, don’t come find me.

This market really feels exhausting to watch.
I just read a line from Buffett, and I can’t stop turning it over in my mind—I can’t sleep. He said that the stock market is a tool for transferring money from people without patience to people with patience. In the crypto market, this saying is at least amplified tenfold. Tonight, the $ETH chart perfectly hit on this principle. At the moment it’s at 1,701, up 5.93% over the past 24 hours, with trading volume of 692 million USDT. When you stare at the intraday time chart, your heartbeat follows the green bars, and all you can think about is “Should I chase it or not?” But the real money is made by the people who bought around 1,200 three months ago—and don’t even check the screen tonight. Those who can hold out earn the money of those who can’t. There is no fourth way. This isn’t empty motivational talk. It’s the underlying logic of a trading system. Before you make any decision, ask yourself first: am I moving money out, or am I preparing to collect the money that others have moved over? Tonight’s chart is tempting, so tempting it makes your skin itch. But don’t forget the second half of the original line from Mr. Buffett—"It’s not based on intelligence; it’s based on patience." Write it down first.
I just read a line from Buffett, and I can’t stop turning it over in my mind—I can’t sleep. He said that the stock market is a tool for transferring money from people without patience to people with patience. In the crypto market, this saying is at least amplified tenfold.

Tonight, the $ETH chart perfectly hit on this principle. At the moment it’s at 1,701, up 5.93% over the past 24 hours, with trading volume of 692 million USDT. When you stare at the intraday time chart, your heartbeat follows the green bars, and all you can think about is “Should I chase it or not?” But the real money is made by the people who bought around 1,200 three months ago—and don’t even check the screen tonight.

Those who can hold out earn the money of those who can’t. There is no fourth way.

This isn’t empty motivational talk. It’s the underlying logic of a trading system. Before you make any decision, ask yourself first: am I moving money out, or am I preparing to collect the money that others have moved over?

Tonight’s chart is tempting, so tempting it makes your skin itch. But don’t forget the second half of the original line from Mr. Buffett—"It’s not based on intelligence; it’s based on patience."

Write it down first.
I went over today’s market picture before bed. Honestly, today’s move had a lot of information in it. Today, BTC ranged between 59,521 and 62,053, and ultimately closed at 61,942, up 4.15% for the day. The most worth watching aspect of this move isn’t the up-and-down itself, but whether volume followed through. Today’s spot volume was 1.584 billion USDT—honestly not very active—suggesting the market sentiment is still relatively cautious. ETH is a bit stronger: up 7.09% for the day, closing at 1,710, with a trading range from 1,597 to 1,714. The correlation with the big BTC is still very clear—if BTC doesn’t move, it’s hard for ETH to run independently. Today’s strongest performer was $TLM: up 82.11% for the day, with trading volume of 300 million. This kind of move is either funds positioning in advance, or a sentiment-driven tug-of-war that amplifies volatility. Today’s most important signal: whether BTC can expand volume at key levels will determine the next direction. Tomorrow I’ll focus on whether BTC’s xxx level can hold. Did you hunt today? Which coin are you most watching tomorrow? #BTC #ETH #全天复盘 #coin market
I went over today’s market picture before bed. Honestly, today’s move had a lot of information in it.

Today, BTC ranged between 59,521 and 62,053, and ultimately closed at 61,942, up 4.15% for the day. The most worth watching aspect of this move isn’t the up-and-down itself, but whether volume followed through. Today’s spot volume was 1.584 billion USDT—honestly not very active—suggesting the market sentiment is still relatively cautious.

ETH is a bit stronger: up 7.09% for the day, closing at 1,710, with a trading range from 1,597 to 1,714. The correlation with the big BTC is still very clear—if BTC doesn’t move, it’s hard for ETH to run independently.

Today’s strongest performer was $TLM : up 82.11% for the day, with trading volume of 300 million. This kind of move is either funds positioning in advance, or a sentiment-driven tug-of-war that amplifies volatility.

Today’s most important signal: whether BTC can expand volume at key levels will determine the next direction. Tomorrow I’ll focus on whether BTC’s xxx level can hold.

Did you hunt today? Which coin are you most watching tomorrow?

#BTC #ETH #全天复盘 #coin market
Today’s market moved hard. A big bullish candle of nearly one green line lifted from 58,000 to 62,000—straight back to the high range. BTC is currently at 61,714. Today’s low was 58,602, and it still managed to pull back more than a thousand dollars. The RSI hit 70.8, which is overbought—those chasing higher need to be careful. The MACD is still in a bullish alignment; the DIF line is still trending upward, so the overall trend hasn’t broken. MA5 is now 61,408, MA20 is 60,617. Price is sitting above both lines, and the short-term moving averages are bullish. What today’s chart tells me comes down to two things: first, the bulls are indeed exerting strength; second, volume didn’t expand too much—about 1.2 times the average volume—suggesting it’s not driven by retail FOMO surging in. Support is at 57,800; it has been tested multiple times before without breaking, so it’s pretty solid. Resistance is at 61,971. Today it pushed above but couldn’t hold; the close is still below. Tomorrow will most likely trade in a range between 57,800 and 61,971 to digest the move. Since RSI is overbought, there may be a pullback to retest and confirm support around MA5 or MA20. If the pullback reaches around 60,600, I’ll consider a small-lot long, with a stop-loss below 59,700, first targeting 61,600—if that breaks, then 61,970. If the bounce reaches around 61,800 but volume can’t keep up, I’ll consider a small-lot short, with a stop-loss above 62,200, first targeting 60,600; if it breaks, then look at 60,000. The above is just my personal plan, not trading signals. If you lose money, don’t come find me. What to be careful about is the pullback after RSI becomes overbought—don’t chase at the highs. Also, this resistance at 61,971: if it doesn’t break through, it could turn into a double top. At this level, I’d rather wait for a pullback. That’s it. Exhausted.
Today’s market moved hard. A big bullish candle of nearly one green line lifted from 58,000 to 62,000—straight back to the high range.

BTC is currently at 61,714. Today’s low was 58,602, and it still managed to pull back more than a thousand dollars. The RSI hit 70.8, which is overbought—those chasing higher need to be careful. The MACD is still in a bullish alignment; the DIF line is still trending upward, so the overall trend hasn’t broken. MA5 is now 61,408, MA20 is 60,617. Price is sitting above both lines, and the short-term moving averages are bullish.

What today’s chart tells me comes down to two things: first, the bulls are indeed exerting strength; second, volume didn’t expand too much—about 1.2 times the average volume—suggesting it’s not driven by retail FOMO surging in. Support is at 57,800; it has been tested multiple times before without breaking, so it’s pretty solid. Resistance is at 61,971. Today it pushed above but couldn’t hold; the close is still below.

Tomorrow will most likely trade in a range between 57,800 and 61,971 to digest the move. Since RSI is overbought, there may be a pullback to retest and confirm support around MA5 or MA20. If the pullback reaches around 60,600, I’ll consider a small-lot long, with a stop-loss below 59,700, first targeting 61,600—if that breaks, then 61,970. If the bounce reaches around 61,800 but volume can’t keep up, I’ll consider a small-lot short, with a stop-loss above 62,200, first targeting 60,600; if it breaks, then look at 60,000.

The above is just my personal plan, not trading signals. If you lose money, don’t come find me.

What to be careful about is the pullback after RSI becomes overbought—don’t chase at the highs. Also, this resistance at 61,971: if it doesn’t break through, it could turn into a double top.

At this level, I’d rather wait for a pullback. That’s it. Exhausted.
The chart at 8 PM is cleaner than in the afternoon, with less noise. What stands out on the gainers list is ZEC, which surged 13.9% in one go, now at 449.49. In the last two hours of today’s trading, the money is being squeezed into the privacy sector. Turnover is 101 million, not particularly large in volume—this is more of a low-volume push, not the kind of aggressive “main fund” frenzy sweep. RSI is up to 73.5, with an overbought warning. MACD is still in a bullish alignment, with the DIF trending upward. Price is currently hovering above the MA5 and MA20, and the short-term moving averages haven’t broken down. But watch the resistance R1=457.01, which is today’s high that hasn’t been surpassed. Support S1=386.0 and S2=389.11 are far from the current price—there’s plenty of room for a pullback; if it can’t be held, it would drop like a waterfall. Can this rally hold through tomorrow morning? With a low-volume rally into the close, if tomorrow’s early session doesn’t see increased volume, it’s easy to give back half. RSI is in the overbought zone—chasing in means betting on sentiment continuing, not betting on the trend. My personal plan is this: if it pulls back to around 435 (the MA5 area), I’ll try a small long position, with a stop-loss set below 430. Targets are in the 452–457 range—if it reaches that, I’ll exit. If it instead directly spikes toward the 457 area on low volume, I’ll switch and look short; stop-loss above 460, and my initial target is 420. The above is only my personal plan, not a call to trade. At this level, I won’t touch it.
The chart at 8 PM is cleaner than in the afternoon, with less noise.
What stands out on the gainers list is ZEC, which surged 13.9% in one go, now at 449.49.

In the last two hours of today’s trading, the money is being squeezed into the privacy sector.
Turnover is 101 million, not particularly large in volume—this is more of a low-volume push, not the kind of aggressive “main fund” frenzy sweep.
RSI is up to 73.5, with an overbought warning. MACD is still in a bullish alignment, with the DIF trending upward.

Price is currently hovering above the MA5 and MA20, and the short-term moving averages haven’t broken down.
But watch the resistance R1=457.01, which is today’s high that hasn’t been surpassed.
Support S1=386.0 and S2=389.11 are far from the current price—there’s plenty of room for a pullback; if it can’t be held, it would drop like a waterfall.

Can this rally hold through tomorrow morning?
With a low-volume rally into the close, if tomorrow’s early session doesn’t see increased volume, it’s easy to give back half.
RSI is in the overbought zone—chasing in means betting on sentiment continuing, not betting on the trend.

My personal plan is this: if it pulls back to around 435 (the MA5 area), I’ll try a small long position, with a stop-loss set below 430.
Targets are in the 452–457 range—if it reaches that, I’ll exit.
If it instead directly spikes toward the 457 area on low volume, I’ll switch and look short; stop-loss above 460, and my initial target is 420.
The above is only my personal plan, not a call to trade.

At this level, I won’t touch it.
ETH is getting a bit interesting tonight. I was hovering around the 1620 area all day, and it just started moving now. Current price is 1646, up 4.72% today. It just broke above the MA5 and MA20, and the moving averages are starting to spread upward. RSI is at 55.8—not overheated yet, with room to go. MACD is in a bullish alignment; DIF has crossed above the zero line, and short-term momentum is still there. The key support below is around 1550. This is the low point from the previous pullbacks—if it breaks, it won’t look good. Resistance above is 1657, which overlaps with today’s high and the Bollinger upper band. It’s likely to get stuck around here. Tonight’s bias is slightly bullish, but upside may be limited. Volume is at a normal level—no breakout with increased volume—so this rally looks a bit shaky. If BTC suddenly turns bearish, ETH will most likely pull back too; 1560–1570 is the absorption zone. My personal plan: If it pulls back to around 1550–1555, I’ll take a small long position with a stop-loss set below 1545. First target to watch is 1657; if it breaks through, then look at 1670. I won’t chase—I'll wait for the pullback confirmation. The above is just my personal plan, not a signal. This chart is really tiring. I’m taking a break. #ETH #晚间行情 #币圈 #Ethereum
ETH is getting a bit interesting tonight. I was hovering around the 1620 area all day, and it just started moving now.

Current price is 1646, up 4.72% today.
It just broke above the MA5 and MA20, and the moving averages are starting to spread upward.
RSI is at 55.8—not overheated yet, with room to go.
MACD is in a bullish alignment; DIF has crossed above the zero line, and short-term momentum is still there.

The key support below is around 1550. This is the low point from the previous pullbacks—if it breaks, it won’t look good.
Resistance above is 1657, which overlaps with today’s high and the Bollinger upper band. It’s likely to get stuck around here.

Tonight’s bias is slightly bullish, but upside may be limited.
Volume is at a normal level—no breakout with increased volume—so this rally looks a bit shaky.
If BTC suddenly turns bearish, ETH will most likely pull back too; 1560–1570 is the absorption zone.

My personal plan:
If it pulls back to around 1550–1555, I’ll take a small long position with a stop-loss set below 1545.
First target to watch is 1657; if it breaks through, then look at 1670.
I won’t chase—I'll wait for the pullback confirmation.
The above is just my personal plan, not a signal.

This chart is really tiring. I’m taking a break.

#ETH #晚间行情 #币圈 #Ethereum
I just flipped to a line in *On Protracted War* and suddenly it matched up with today’s $ETH market action. “Quick decisive war is a military adventurism.” — Mao Zedong Today $ETH 1,646, up 4.49% over the past 24 hours, with trading volume of 530 million U. Looks lively, right? But if you focus on this move to trade short-term—having an idea every five minutes, changing direction every hour—you’re really fighting with yourself. The essence of protracted war isn’t me wearing you down; it’s me wearing myself down. Today’s bullish candle looks like an opportunity has arrived. Are you tempted? Want to chase it? I always ask myself three words: Why the rush? You can’t make money by being in a rush. Being rushed will only make you chase at 1,646, then panic when it drops to 1,640. You don’t even know where tomorrow’s close will be—so what rhythm can you compete with? Investing isn’t about winning today’s battle. It’s whether you can, every night, sit down and look at your review notes and say: “I didn’t make that mistake today.” That’s your protracted war—your discipline versus your human nature. First, write it down.
I just flipped to a line in *On Protracted War* and suddenly it matched up with today’s $ETH market action.

“Quick decisive war is a military adventurism.”
— Mao Zedong

Today $ETH 1,646, up 4.49% over the past 24 hours, with trading volume of 530 million U. Looks lively, right? But if you focus on this move to trade short-term—having an idea every five minutes, changing direction every hour—you’re really fighting with yourself.

The essence of protracted war isn’t me wearing you down; it’s me wearing myself down.

Today’s bullish candle looks like an opportunity has arrived. Are you tempted? Want to chase it? I always ask myself three words: Why the rush?

You can’t make money by being in a rush. Being rushed will only make you chase at 1,646, then panic when it drops to 1,640. You don’t even know where tomorrow’s close will be—so what rhythm can you compete with?

Investing isn’t about winning today’s battle. It’s whether you can, every night, sit down and look at your review notes and say: “I didn’t make that mistake today.”

That’s your protracted war—your discipline versus your human nature.

First, write it down.
The most intense thing today isn’t a big pancake—it’s itself. One line pulled from the 5 o’clock position to just over 60,000, forcefully lifting market sentiment. Current price: 60,606, up nearly 3%, with trading volume of over $1.4 billion. It’s not a volume surge, but it’s also not bad. RSI is 56—slightly bullish but not overbought. MACD is still in the bearish zone; DIF is just over 300, and there’s no golden cross. MA5 and MA20 are almost stuck together, and the price is sitting above both lines; the short-term moving averages are tightly tangled. A price increase on shrinking volume is the biggest issue today. Yes, it was pushed up, but without volume to match. That suggests fewer people are chasing; the main forces may still be testing the market. Support at 57,800—this level is near the previous low. If it breaks, things will look ugly. Resistance at 61,300—today’s high point, also a pressure zone within the week. If there’s a pullback to the 57,800–58,200 range, I’ll consider trying a small long position. I would set a stop-loss at below 57,770. For take-profit, first target 61,300; if it breaks through, then look at 62,500. This is my personal plan, not a call for trading. Don’t chase. Wait for confirmation.
The most intense thing today isn’t a big pancake—it’s itself. One line pulled from the 5 o’clock position to just over 60,000, forcefully lifting market sentiment.

Current price: 60,606, up nearly 3%, with trading volume of over $1.4 billion. It’s not a volume surge, but it’s also not bad.

RSI is 56—slightly bullish but not overbought. MACD is still in the bearish zone; DIF is just over 300, and there’s no golden cross. MA5 and MA20 are almost stuck together, and the price is sitting above both lines; the short-term moving averages are tightly tangled.

A price increase on shrinking volume is the biggest issue today. Yes, it was pushed up, but without volume to match. That suggests fewer people are chasing; the main forces may still be testing the market.

Support at 57,800—this level is near the previous low. If it breaks, things will look ugly. Resistance at 61,300—today’s high point, also a pressure zone within the week.

If there’s a pullback to the 57,800–58,200 range, I’ll consider trying a small long position. I would set a stop-loss at below 57,770. For take-profit, first target 61,300; if it breaks through, then look at 62,500. This is my personal plan, not a call for trading.

Don’t chase. Wait for confirmation.
Let’s talk about Newton Protocol’s Keystore and zkPermissions. I think this is one of the most underrated designs in on-chain access control right now. @NewtonProtocol’s approach is very clear: traditional multisigs can only manage “who signed,” not “what was signed, how much, and where it was spent.” The Keystore is built on a Rollup architecture, bringing the authorization granularity directly down to the policy level. For example, you can set rules like “a certain address can spend up to 1,000 USDT per day on a specific DEX,” or “a certain contract can only call specific functions.” For institutions, this isn’t a question of whether they “need to be compliant,” but rather “how to implement compliance on-chain at low cost,” especially when your counterparties or custodians require audits. More importantly is the introduction of zkPermissions. It lets you prove to auditors that “this transaction complies with the established permissions” without exposing the specific policy details—such as the quota thresholds or allowlists/denylists. This is almost tailor-made for scenarios like DeFi protocols and RWA issuers, where transparency is required, but you still don’t want to leak commercial strategies. You can imagine a synthetic-asset protocol needing to demonstrate to regulators that its risk exposure hasn’t exceeded limits, while still not fully disclosing the entire risk-control model. zkPermissions fills exactly that gap. From a technical stack perspective, Newton chose dual verification with TEE + ZKP—not relying on only one. TEE provides isolation at the execution layer, while ZKP provides privacy protection at the verification layer; together, they act as mutual redundancy. Mainnet Beta is already live, and the RedStone oracle has also been integrated into the policy execution layer. Compared with many compliance proposals still stuck in whitepaper stage, this is much more practical. The total supply of $NEWT is 1 billion. The main uses are to pay policy execution fees and protocol governance. For infrastructure like this, what matters is whether friction costs are low enough—if every Keystore authorization check costs ten times more than a regular multisig, no matter how good the design is, it’s difficult to get adopted. From what we’ve seen so far, the short-term experience is still fairly smooth, and it’s worth continued observation to see how the #Newt ecosystem’s real-world use cases get implemented.
Let’s talk about Newton Protocol’s Keystore and zkPermissions. I think this is one of the most underrated designs in on-chain access control right now.

@NewtonProtocol’s approach is very clear: traditional multisigs can only manage “who signed,” not “what was signed, how much, and where it was spent.” The Keystore is built on a Rollup architecture, bringing the authorization granularity directly down to the policy level. For example, you can set rules like “a certain address can spend up to 1,000 USDT per day on a specific DEX,” or “a certain contract can only call specific functions.” For institutions, this isn’t a question of whether they “need to be compliant,” but rather “how to implement compliance on-chain at low cost,” especially when your counterparties or custodians require audits.

More importantly is the introduction of zkPermissions. It lets you prove to auditors that “this transaction complies with the established permissions” without exposing the specific policy details—such as the quota thresholds or allowlists/denylists. This is almost tailor-made for scenarios like DeFi protocols and RWA issuers, where transparency is required, but you still don’t want to leak commercial strategies. You can imagine a synthetic-asset protocol needing to demonstrate to regulators that its risk exposure hasn’t exceeded limits, while still not fully disclosing the entire risk-control model. zkPermissions fills exactly that gap.

From a technical stack perspective, Newton chose dual verification with TEE + ZKP—not relying on only one. TEE provides isolation at the execution layer, while ZKP provides privacy protection at the verification layer; together, they act as mutual redundancy. Mainnet Beta is already live, and the RedStone oracle has also been integrated into the policy execution layer. Compared with many compliance proposals still stuck in whitepaper stage, this is much more practical.

The total supply of $NEWT is 1 billion. The main uses are to pay policy execution fees and protocol governance. For infrastructure like this, what matters is whether friction costs are low enough—if every Keystore authorization check costs ten times more than a regular multisig, no matter how good the design is, it’s difficult to get adopted. From what we’ve seen so far, the short-term experience is still fairly smooth, and it’s worth continued observation to see how the #Newt ecosystem’s real-world use cases get implemented.
This funding rate on ETH is still getting smashed. The bulls aren’t fully dead, but the bears are pressing much harder. At the 1,619 level, a 2.65% rise looks like a rebound. Trading volume is 474 million, shrinking to about half the average volume. A low-volume rebound—it's fake. RSI is 48.2, weak like a wet noodle. MACD is still lying there with a dead cross; DIF at 9.12 is below the zero line, playing dead. MA5 at 1,627: price is grinding below it and hasn’t held. Bollinger Band width is 5.7%, narrow—waiting to choose a direction. Key support is 1,550. If it breaks, it’s likely to jump to 1,500. Resistance is 1,646—didn’t break through yesterday, and today with even lower volume, it has even less chance. A low-volume rebound, but the funding rate hasn’t been lifted—this shows the market is very calm, and nobody is chasing longs. In the afternoon, it’s likely to keep grinding. If it rebounds to around 1,636, it will probably lose steam and fall back below 1,600 to find 1,555. My personal plan: If it rebounds into the 1,636–1,642 range, I’ll try shorting with a light position. I’ll place a stop-loss above 1,652. For take-profit, first look at 1,555; if it breaks, then look at 1,505. The above is just my own random thoughts—if you lose money, don’t come find me. As for this chart, I got scared.
This funding rate on ETH is still getting smashed. The bulls aren’t fully dead, but the bears are pressing much harder.

At the 1,619 level, a 2.65% rise looks like a rebound. Trading volume is 474 million, shrinking to about half the average volume.

A low-volume rebound—it's fake.

RSI is 48.2, weak like a wet noodle. MACD is still lying there with a dead cross; DIF at 9.12 is below the zero line, playing dead.

MA5 at 1,627: price is grinding below it and hasn’t held. Bollinger Band width is 5.7%, narrow—waiting to choose a direction.

Key support is 1,550. If it breaks, it’s likely to jump to 1,500. Resistance is 1,646—didn’t break through yesterday, and today with even lower volume, it has even less chance.

A low-volume rebound, but the funding rate hasn’t been lifted—this shows the market is very calm, and nobody is chasing longs.

In the afternoon, it’s likely to keep grinding. If it rebounds to around 1,636, it will probably lose steam and fall back below 1,600 to find 1,555.

My personal plan: If it rebounds into the 1,636–1,642 range, I’ll try shorting with a light position. I’ll place a stop-loss above 1,652. For take-profit, first look at 1,555; if it breaks, then look at 1,505.

The above is just my own random thoughts—if you lose money, don’t come find me.

As for this chart, I got scared.
Just finished translating “The Cycle” and saw the chapter about the pendulum. Suddenly, I remembered today’s board: $BTC . Howard Marks says the market always swings between extreme optimism and extreme pessimism. In crypto, this pendulum swings so wide it can throw people off. He says people can’t predict where the pendulum will land. What you can do is step to the other side when it swings past the limit. Look at today’s $BTC : 60,512, up 2.29% over the past 24 hours, with trading volume of 1.415 billion USDT. Looking forward from here, it was hovering around 58 just two weeks ago. Before that, it even dropped to 56. The pendulum has swung back from the pessimistic side—but who can say where it will swing to? I’ve tried to guess the top and bottom, and it ended with me getting slapped in the face. So what do I understand now? It’s not about analyzing how much farther it will swing. It’s about watching when it swings too far—when everyone is celebrating like crazy, or when everyone is in panic. As for this spot today, I don’t think it’s gone too far. Neither side is at an extreme. Write this down first. #$BTC #投资哲学 #交易心态 #午后读 #Afternoon Thoughts
Just finished translating “The Cycle” and saw the chapter about the pendulum. Suddenly, I remembered today’s board: $BTC .

Howard Marks says the market always swings between extreme optimism and extreme pessimism.
In crypto, this pendulum swings so wide it can throw people off.

He says people can’t predict where the pendulum will land. What you can do is step to the other side when it swings past the limit.

Look at today’s $BTC : 60,512, up 2.29% over the past 24 hours, with trading volume of 1.415 billion USDT.
Looking forward from here, it was hovering around 58 just two weeks ago. Before that, it even dropped to 56.
The pendulum has swung back from the pessimistic side—but who can say where it will swing to?

I’ve tried to guess the top and bottom, and it ended with me getting slapped in the face.

So what do I understand now? It’s not about analyzing how much farther it will swing.

It’s about watching when it swings too far—when everyone is celebrating like crazy, or when everyone is in panic.
As for this spot today, I don’t think it’s gone too far.
Neither side is at an extreme.

Write this down first.

#$BTC #投资哲学 #交易心态 #午后读 #Afternoon Thoughts
After lunch, I glanced at the chart. Today all the funds are stacked into $NFP—one line surged more than 25%. Now the price is 0.007350, and within the last 24 hours it traded 0.92 billion USDT. It’s in the top three on the gainers list. Why did the funds pick it? The indicators conflict. RSI is only 48.1, which is relatively weak, yet the price is pushing upward hard. MACD is still in the bearish zone, with DIF at just 0.0009—no clear long reversal yet. The moving averages look even worse: MA5 is 0.008972 and MA20 is 0.017351, and the current price is far below both. Trading volume is shrinking—only about 0.3x of the average volume before. A volume-shrinking pump doesn’t feel solid. Chasing higher is clearly risky—if the price pulls back to the previous low support at 0.004350, there’s still plenty of downside room. 0.04 above is a hard resistance level, and it’s far away from here. If I really had to play it, this is what I think: don’t chase. Wait for it to pull back to around 0.004350 and then only consider a small long position after it can hold steady there. Set a stop-loss below 0.0038. If it directly rockets into the 0.008–0.009 area where the moving averages act as resistance, then if it rebounds to that region, I would look to short, with a stop-loss set above 0.01. First watch 0.04 resistance—if it breaks, then look at higher levels. It’s up to you—don’t blame me if you lose. I won’t touch this position. #NFP #午盘 #涨幅榜 #crypto
After lunch, I glanced at the chart. Today all the funds are stacked into $NFP —one line surged more than 25%.

Now the price is 0.007350, and within the last 24 hours it traded 0.92 billion USDT. It’s in the top three on the gainers list.

Why did the funds pick it? The indicators conflict. RSI is only 48.1, which is relatively weak, yet the price is pushing upward hard. MACD is still in the bearish zone, with DIF at just 0.0009—no clear long reversal yet. The moving averages look even worse: MA5 is 0.008972 and MA20 is 0.017351, and the current price is far below both. Trading volume is shrinking—only about 0.3x of the average volume before. A volume-shrinking pump doesn’t feel solid.

Chasing higher is clearly risky—if the price pulls back to the previous low support at 0.004350, there’s still plenty of downside room. 0.04 above is a hard resistance level, and it’s far away from here.

If I really had to play it, this is what I think: don’t chase. Wait for it to pull back to around 0.004350 and then only consider a small long position after it can hold steady there. Set a stop-loss below 0.0038. If it directly rockets into the 0.008–0.009 area where the moving averages act as resistance, then if it rebounds to that region, I would look to short, with a stop-loss set above 0.01. First watch 0.04 resistance—if it breaks, then look at higher levels. It’s up to you—don’t blame me if you lose.

I won’t touch this position.

#NFP #午盘 #涨幅榜 #crypto
I’ve just been studying the @NewtonProtocol Keystore. Its zkPermissions permission engine built on Rollup is indeed very useful. By using zero-knowledge proofs to enable fine-grained on-chain authorization, it can precisely control the permissions for every interaction of $NEWT , making it significantly safer than the coarse authorization used by traditional wallets. This modular design also makes it possible for users to customize permissions, moving beyond the all-or-nothing permission model. Looking forward to more applications integrating this mechanism in the #Newt ecosystem.
I’ve just been studying the @NewtonProtocol Keystore. Its zkPermissions permission engine built on Rollup is indeed very useful. By using zero-knowledge proofs to enable fine-grained on-chain authorization, it can precisely control the permissions for every interaction of $NEWT , making it significantly safer than the coarse authorization used by traditional wallets. This modular design also makes it possible for users to customize permissions, moving beyond the all-or-nothing permission model. Looking forward to more applications integrating this mechanism in the #Newt ecosystem.
Two hours after the market opened, NEAR is leading the pack. It’s up 5.2%, now at 1.885. Over the past 24 hours, the high touched 1.916 and the low dipped to 1.769. Trading volume has surged to 43 million USDT, noticeably higher than usual. Why is everyone watching the funds behind it? NEAR previously fell hard, dropping from 2.2 all the way to 1.76. Now around 1.88, it’s exactly where the daily Bollinger Band lower track bounces. RSI is at 28, which is an oversold signal. MACD is still below the zero line, but the green histogram bars are starting to shrink—bearish momentum is weakening. On the moving averages, MA5 is still below MA20 and the death cross hasn’t fully resolved; this is more like a small-timeframe oversold bounce. Key support is around 1.77, the 24-hour low. Resistance is around 1.93—this is where MA20 and the Bollinger mid-band overlap. MA5 is near 1.86; price has moved above it, but it doesn’t look stable yet. If the price pulls back into the 1.83–1.85 range, I’ll consider trying a small long position. Place the stop-loss below 1.76—if it breaks, I’ll leave. First target is 1.93; if that breaks, then look at 1.99. The above is only my personal plan—don’t blame me if it goes wrong. What’s the risk of chasing it at the start of the session? It’s pumping on higher volume but hasn’t cleared the moving-average resistance yet, so it’s easy to see a spike-and-fall back to 1.82. This one is really tiring to watch. I’m taking a break. #早盘 #涨幅榜 #NEAR #行情
Two hours after the market opened, NEAR is leading the pack.
It’s up 5.2%, now at 1.885.
Over the past 24 hours, the high touched 1.916 and the low dipped to 1.769.
Trading volume has surged to 43 million USDT, noticeably higher than usual.

Why is everyone watching the funds behind it?
NEAR previously fell hard, dropping from 2.2 all the way to 1.76.
Now around 1.88, it’s exactly where the daily Bollinger Band lower track bounces. RSI is at 28, which is an oversold signal.
MACD is still below the zero line, but the green histogram bars are starting to shrink—bearish momentum is weakening.
On the moving averages, MA5 is still below MA20 and the death cross hasn’t fully resolved; this is more like a small-timeframe oversold bounce.

Key support is around 1.77, the 24-hour low.
Resistance is around 1.93—this is where MA20 and the Bollinger mid-band overlap.
MA5 is near 1.86; price has moved above it, but it doesn’t look stable yet.

If the price pulls back into the 1.83–1.85 range, I’ll consider trying a small long position.
Place the stop-loss below 1.76—if it breaks, I’ll leave.
First target is 1.93; if that breaks, then look at 1.99.
The above is only my personal plan—don’t blame me if it goes wrong.

What’s the risk of chasing it at the start of the session?
It’s pumping on higher volume but hasn’t cleared the moving-average resistance yet, so it’s easy to see a spike-and-fall back to 1.82.

This one is really tiring to watch. I’m taking a break.

#早盘 #涨幅榜 #NEAR #行情
I just turned to a line in *The Naval Codex* and suddenly it clicked. He said long-termism is the biggest lever. In crypto, this isn’t about stubbornly holding on. $BTC this morning, 59,754—within 24 hours it was up 2 points, with $1.5 billion in trading volume. Watching this chart line: some people think it’s about to break out, others think it’s a bull trap. Both kinds of people are guessing. Long-termism isn’t guessing. It means you draw your framework in advance: where the price rises to, where you’ll top up on the dip, and how much volatility you’ll tolerate before you close the app. Discipline is more reliable than belief. Belief will make you hold orders. Rules will keep you alive and help you walk out of the bear market. Naval’s exact words are: “Real wealth comes from compounding, and compounding comes from staying invested.” But he didn’t say “staying invested” means doing nothing. It means holding your rules—not holding one position. For this position today, I won’t move. It’s not that I understood the market; it’s that the market told me to follow the rules. Write it down first.
I just turned to a line in *The Naval Codex* and suddenly it clicked.

He said long-termism is the biggest lever.

In crypto, this isn’t about stubbornly holding on.

$BTC this morning, 59,754—within 24 hours it was up 2 points, with $1.5 billion in trading volume.

Watching this chart line: some people think it’s about to break out, others think it’s a bull trap.

Both kinds of people are guessing.

Long-termism isn’t guessing.

It means you draw your framework in advance: where the price rises to, where you’ll top up on the dip, and how much volatility you’ll tolerate before you close the app.

Discipline is more reliable than belief.

Belief will make you hold orders. Rules will keep you alive and help you walk out of the bear market.

Naval’s exact words are: “Real wealth comes from compounding, and compounding comes from staying invested.”

But he didn’t say “staying invested” means doing nothing.

It means holding your rules—not holding one position.

For this position today, I won’t move.

It’s not that I understood the market; it’s that the market told me to follow the rules.

Write it down first.
ETH was fluctuating around 1602 this morning and bounced nearly 2%, but volume has shrunk a lot—it feels like it’s waiting for the big cake for direction. Over the past 24 hours it moved in a range from 1540 to 1646, and now it’s stuck in the middle, neither up nor down. MA5 is 1617, MA20 is 1600. Price is basically hovering right on top of MA20, and the short-term moving averages are still in a bullish alignment. RSI is at 62—not overheated, not cold. Bulls can still push a bit more. MACD is also bullish in its setup; DIF is around 9. Momentum is there, but it hasn’t exploded. The Bollinger Band width is only 5.1%, extremely narrow—this morning it may still be choppy. Key support is in the 1550 to 1553 zone. That area overlaps the 24-hour low and the prior low—if it breaks, it’ll look bad. For resistance, first look at 1646: the 24-hour high and also near the upper Bollinger band. My plan is: if it pulls back to the 1580 to 1600 zone and volume doesn’t expand, I’ll cautiously try a long position with a stop-loss set just below 1549, aiming first at 1646. If it can hold steady, then consider 1655. If it rebounds toward 1646 with reduced volume, I’ll consider shorting, stop-loss placed just above 1648, target at 1600. If there’s a volume-backed breakout above 1646, I’ll cancel the short—no chasing. The risk today is that it’s Thursday; volatility may not be finished yet. Tight-volume consolidation is when sudden wicks are most likely. Don’t chase—wait for the right level. The above is just my personal plan, not a call-out. You decide for yourself. This market is really exhausting to watch. I’m taking a rest. #$ETH #早盘 #行情分析 #crypto market
ETH was fluctuating around 1602 this morning and bounced nearly 2%, but volume has shrunk a lot—it feels like it’s waiting for the big cake for direction.

Over the past 24 hours it moved in a range from 1540 to 1646, and now it’s stuck in the middle, neither up nor down.
MA5 is 1617, MA20 is 1600. Price is basically hovering right on top of MA20, and the short-term moving averages are still in a bullish alignment.
RSI is at 62—not overheated, not cold. Bulls can still push a bit more.
MACD is also bullish in its setup; DIF is around 9. Momentum is there, but it hasn’t exploded.
The Bollinger Band width is only 5.1%, extremely narrow—this morning it may still be choppy.

Key support is in the 1550 to 1553 zone. That area overlaps the 24-hour low and the prior low—if it breaks, it’ll look bad.
For resistance, first look at 1646: the 24-hour high and also near the upper Bollinger band.

My plan is: if it pulls back to the 1580 to 1600 zone and volume doesn’t expand, I’ll cautiously try a long position with a stop-loss set just below 1549, aiming first at 1646. If it can hold steady, then consider 1655.
If it rebounds toward 1646 with reduced volume, I’ll consider shorting, stop-loss placed just above 1648, target at 1600.
If there’s a volume-backed breakout above 1646, I’ll cancel the short—no chasing.
The risk today is that it’s Thursday; volatility may not be finished yet. Tight-volume consolidation is when sudden wicks are most likely. Don’t chase—wait for the right level.
The above is just my personal plan, not a call-out. You decide for yourself.

This market is really exhausting to watch. I’m taking a rest.

#$ETH #早盘 #行情分析 #crypto market
Take a quick look before the open. BTC is currently stuck at 60,452, up 3.12% over the past 24h, and overall it’s bullish. ETH is around 1,621, up 3.38% over the past 24h, and also bullish. The trading range BTC moved in overnight was 57,800 to 61,334. This level is pretty crucial. If the market opens with strong volume and holds above 61,334, short-term sentiment will improve a lot. Conversely, if it drops below 57,800 right at the open, then today is likely to be a range-bound day. For ETH, I’m more watching BTC’s face. If BTC doesn’t give direction, it’s hard for ETH to move independently. Trading volume is 481 million USDT—not very active—which suggests everyone is waiting for a signal at the open. I’m not going to take action right when the market opens. I’ll watch for the first half hour to confirm the direction first. When you open, are you going to focus on BTC first, or on the altcoins? #BTC #ETH #早盘 #Market Outlook
Take a quick look before the open. BTC is currently stuck at 60,452, up 3.12% over the past 24h, and overall it’s bullish. ETH is around 1,621, up 3.38% over the past 24h, and also bullish.

The trading range BTC moved in overnight was 57,800 to 61,334. This level is pretty crucial. If the market opens with strong volume and holds above 61,334, short-term sentiment will improve a lot. Conversely, if it drops below 57,800 right at the open, then today is likely to be a range-bound day.

For ETH, I’m more watching BTC’s face. If BTC doesn’t give direction, it’s hard for ETH to move independently. Trading volume is 481 million USDT—not very active—which suggests everyone is waiting for a signal at the open.

I’m not going to take action right when the market opens. I’ll watch for the first half hour to confirm the direction first. When you open, are you going to focus on BTC first, or on the altcoins?

#BTC #ETH #早盘 #Market Outlook
Just now I flipped through <i>Naval’s Playbook</i> and saw him say that long-term thinking is the biggest lever. The first thought that came to my mind was how many people in the crypto space misunderstood it. Long-term thinking isn’t stubbornly holding on. Stubbornly holding on is a bet—betting that your conviction can survive bull and bear cycles. Naval’s words: “Long-term thinking plus good judgment is the lever.” Where does good judgment come from? It comes from rules. Today I looked at $ETH : it went up 3.34% in 24 hours with volume of 448 million USDT. The chart was pretty calm. If it were back then, I would have stared at a tiny green candle like this until 3 a.m., afraid of missing out, afraid it would suddenly surge. But now I don’t do that. I’ve set rules for myself: before entering, I write clearly “what conditions make me exit.” If nothing triggers, I don’t move. No matter how the chart jumps, it doesn’t have anything to do with me. Can this candle keep rising? I don’t know. But I know that if your mind only has up or down, you’ll never be able to hold on. Real long-term thinking means you think in advance: what kind of market I don’t touch, what price levels I add to positions at, what signals make me clear my position. With discipline in place, time becomes your friend. Which page is Naval’s quote on in the book? I’ll look again tomorrow. That’s all. #ETH #投资哲学 #交易心态 #今天读 #今天思
Just now I flipped through <i>Naval’s Playbook</i> and saw him say that long-term thinking is the biggest lever.

The first thought that came to my mind was how many people in the crypto space misunderstood it.

Long-term thinking isn’t stubbornly holding on.

Stubbornly holding on is a bet—betting that your conviction can survive bull and bear cycles. Naval’s words: “Long-term thinking plus good judgment is the lever.” Where does good judgment come from? It comes from rules.

Today I looked at $ETH : it went up 3.34% in 24 hours with volume of 448 million USDT. The chart was pretty calm.

If it were back then, I would have stared at a tiny green candle like this until 3 a.m., afraid of missing out, afraid it would suddenly surge.

But now I don’t do that. I’ve set rules for myself: before entering, I write clearly “what conditions make me exit.” If nothing triggers, I don’t move. No matter how the chart jumps, it doesn’t have anything to do with me.

Can this candle keep rising? I don’t know. But I know that if your mind only has up or down, you’ll never be able to hold on.

Real long-term thinking means you think in advance: what kind of market I don’t touch, what price levels I add to positions at, what signals make me clear my position.

With discipline in place, time becomes your friend.

Which page is Naval’s quote on in the book? I’ll look again tomorrow.

That’s all.

#ETH #投资哲学 #交易心态 #今天读 #今天思
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