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Last night, $UNI suddenly surged by 31%. I originally thought the bull market was back. But when I looked today, all the gains were gone. A typical case of "institutions entering the market, retail investors catching the falling knife". BlackRock's BUIDL fund has connected to UniswapX, sounds impressive, right? But if you think about it carefully, when did the institutions enter? When the price was $2.8. Now it's $4.2, who do you think is selling? What's even more heartbreaking is that before the news came out, a giant whale transferred out 4.39 million UNI. After the news came out, the price rose, and another giant whale immediately transferred in 3.65 million UNI to the exchange. Isn't this clearly a setup to crash the market? I looked at the technicals, MACD dead cross, short-term moving average crossing below the long-term moving average. No matter how good the fundamentals are, if the technicals don't cooperate, it's useless. Actually, this operation is very simple. Institutions have long been positioned, and now they are offloading using the news of the ETF application. Retail investors get excited seeing BlackRock enter, and end up being the bag holders.
Short-term trading strategy: Support at $4.2 to go long, target price around $4.5. If the price breaks the support, please pay close attention to the effect of the support at $3.8, while setting a stop loss at the low (e.g., $3.75)
A friend told me in the past couple of days that $SUI increased by 5%, so I wanted to see if I could get in. I said: Don't rush. SUI is now like a patient who just came out of the ICU; although they can walk now, it's still far from running a marathon. First, the good news. Alkimi, an enterprise-level advertising platform, has started using SUI for on-chain advertising, and the launch of the suiUSDe stablecoin has brought in a revenue pool of 10 million. The MACD has also crossed gold, and the 7-period EMA has broken through the 25-period, indicating that the technical aspect looks to be strengthening.
However, here comes the key point. SUI is currently at $0.93, still lying below the 99-period moving average. What does this indicate? The long-term trend is still bearish. It's like a person has stood up in a mud pit but has not yet climbed out of it. What’s more concerning is that the RSI previously surged to an overbought zone of 87.67. It has now pulled back to the 40s, which seems normal but is actually digesting the previous bubble. Many people see a 5% increase and think a bull market has arrived. But if you look at the daily chart, the MA50 is turning down and approaching the MA200, which is a typical precursor to a death cross. The Bollinger Bands are tightening, indicating that a major movement has not yet started. The biggest fear in trading is to go all in on a false breakout.
My advice is simple. If you really must touch SUI, try a light position at the support level of 0.85-0.88, with a stop loss set below 0.82. Consider adding to your position if it breaks 1.05, targeting 1.15.
I studied it carefully and found an interesting phenomenon. In Goldman Sachs' crypto holdings, $ETH accounts for almost the same proportion as BTC. BitMine also increased its holdings by 40,000 ETH last week. Currently, ETH is like a severely undervalued quality stock. The network adds 427,000 new addresses daily, with 1.2 million active addresses. The fact that this data can maintain this level during a bear market indicates that the fundamentals are very solid. On the technical side, the 7-period EMA has crossed above the 25-period, and the MACD has shown a bullish crossover. This signal appears in the 1900-2000 range, essentially telling you that the bottom is forming. However, the market fear index is in extreme panic, and there are voices calling for a bearish outlook everywhere. This is the opportunity. My current judgment is simple. 1900 is a strong bottom, and 2000 is a key resistance. If it breaks through 2000, we look directly at 2150. If it cannot hold 1900, then we will see 1850. My operation: gradually build long positions near 1950, with a stop loss at 1880. Target 2047, and if aggressive, we can look at 2150.
"This time we really are going to get rich, institutions are buying crazily, MACD golden cross, the technicals are perfect." Now looking at it today, he deleted his Moments. This is the true portrayal of $SOL right now. First, the good news. The SOL ETF is indeed madly attracting capital, with a net inflow of 8.43 million dollars, of which Bitwise alone attracted 7.69 million. MACD has indeed golden crossed, with a histogram of 0.35, and the technical indicators look quite beautiful. Many people get excited when they see this, thinking a bull market is coming. However, data does not lie. There is still 310 million dollars of SOL on the Alameda side that hasn't been sold off. Moreover, they have already started to move, having sold 15 million dollars just last week. Upexi, a Nasdaq-listed company, has lost 164.5 million dollars because of holding SOL. When this kind of news comes out, retail investors' mentality immediately collapses. I have recently observed many SOL holders. Those who chased high at over 200 dollars are still stubbornly holding at 80 dollars, shouting "diamond hands" in the group every day. Those who bought at 80 dollars want to run as soon as they see 82 dollars. The more they lose, the less they dare to sell; the less they earn, the more they want to run. From a technical perspective, 80 dollars is a key position. If it holds, it may rebound to 82-85, but if it doesn't hold, we need to look at 78 or even 76. But technical analysis is really limited in this market environment. If you are still all in on SOL right now, I can only say, I hope your judgment is correct. But if you have already made enough profit, you can really consider cashing out.
Short-term trading strategy Buying point: You can try to accumulate in batches between 80 and 81 dollars. Take profit target: Short-term resistance is at 82.25 dollars; if broken, you may see the 84-85 dollar area. Stop-loss setting: Strictly set below 78 dollars to avoid further downside risk.
"Bro, is BTC done for? I put in 500,000 last year and now it's only 350,000." This is the current state of the crypto world. On one side, Binance's SAFU fund is throwing 1 billion dollars to buy the dip, while retail investors are being slaughtered. BTC is actually at a critical juncture right now. Technically, it looks alright, with EMA7 crossing above EMA25, and the MACD has also crossed bullish. But the macro situation is troublesome. The U.S. non-farm payroll data is too strong, and the Federal Reserve's rate cut expectations have basically cooled down. What's most critical? The market structure has already changed. In the past 72 hours, there has been a net inflow of only 3.15 million dollars from large funds. What does that mean? It means institutions are waiting, while retail investors are cutting losses. Binance bought 15,000 BTC at an average cost of 66,660 dollars. They are strategically allocating, what about you? You are trading emotionally. I have recently observed a phenomenon. Many people are waiting for a bottom between 45,000 and 50,000. When everyone is waiting for the bottom, it might have already passed. The current situation is like this. There is heavy resistance above 70,000 dollars and support at 66,500 dollars. This range may take a long time to grind through. My judgment is that BTC will oscillate within this range in the short term. If it breaks below 65,700, then we need to watch the Fibonacci support at 57,800. If it breaks above 69,500, then it may challenge 71,000. Currently, BTC feels like it did in 2018. The technicals occasionally give some hope, but the macros are continuously pouring cold water on it.
Short-term strategy: Currently, the price of $BTC may run in the range of 66,300 to 68,800 in the short term, further attention should be paid to the performance at the Bollinger Band's middle line of 66,500 dollars and the main support area of 65,700 dollars. If the price stabilizes at these positions, consider light positions to try to layout.
Yesterday, a friend told me: "The pace of this bear market is too fast, it feels off." I laughed directly after hearing that. Not because I was laughing at him, but because 90% of the people in this market are making the same basic mistake: using the wrong script. It's like using a 2018 map to find a newly opened mall in 2024; it's surprising if you can find it. Fatal Application Thinking Most people are currently doing one thing: trying to force this bear market into the template of the last one. This is how they think:
- The decline from October to November 2025 = Last round of wave A - The rebound from November to January this year = Last round of wave B
Yesterday a friend messaged me asking: "Is it time to buy the dip now?" I directly replied with two words: wait and die. It's not that I'm ruthless, but the people entering the market now are basically just warming the seat for the big players. Just look at this chart to understand: every bear market lasts about a year, with declines around 80%. This is not a coincidence; it's a pattern. How much has Bitcoin $BTC dropped from its peak? Less than 40%. How much time has passed? Not even half a year. Do you think the big players would be so kind as to let you buy in halfway down? When Bitcoin really drops to 50,000 or even lower, 90% of people will be out of money. I've seen too many stories like this: At the peak of the bull market, all my friends were millionaires, with luxury cars and high-end watches. When the bear market arrives, they first cut their losses and exit, then borrow money to buy the dip, and finally end up putting their living expenses at risk. When the true bottom arrives, they can only watch the opportunity slip away because they can't even take out a thousand bucks from their pockets. Opportunities are always for those who are prepared, not for those who just have dreams. The market is not lacking in smart people; what it lacks are those who can endure until the end. When everyone is shouting "buy the dip," the real bottom is still far away. When everyone is in despair, that's when the real opportunity arrives. What you should be doing now is not buying the dip, but saving bullets. Don't ask me when the bottom is; ask yourself: if Bitcoin drops to 30,000, how much can you still take out? This answer is the key to whether you can turn things around in the next bull market.
Yesterday I saw two big influencers on Twitter pulling each other's hair again, and fans below were taking sides and tearing each other apart with great enthusiasm. I suddenly realized: this market has completely changed. I remember during the last bull market, everyone was discussing technology, trends, and the future. Now? The screen is filled with who ran away, who is cutting leeks, and who is acting. When participants in a market put more energy into fighting rather than trading, that market is already in serious trouble. I thought carefully and noticed an interesting phenomenon. In this circle, there are very few people with clean backgrounds. Exchanges charge transaction fees, project teams cut leeks, institutions control the market, and KOLs are just trying to make a living. Everyone has their own little schemes. But there is a group of people who are exceptions: those retail investors who purely engage in secondary trading. They don’t issue coins, don’t open exchanges, don’t create ecosystems; they simply buy and sell $BTC and $ETH . They sell when the price goes up, buy when it goes down, or simply invest steadily. This group is at the bottom of the entire ecological chain but might be the most genuine. A couple of days ago, I saw a statistic: 95% of retail investors are losing money, but the 5% who can make stable profits all have one thing in common: "making money quietly." They don’t tweet, don’t create groups, don’t shout trades, they just silently execute their trading strategies. True masters are counting money in the corners; only leeks perform on stage. The biggest problem in this market now is not a lack of money, but a lack of focus. Everyone is distracted by various gossip, fighting, and conspiracy theories, forgetting the original intention of why they came here. Why did we enter the crypto market? Was it to watch the show? To take sides? Or to make money? If your answer is to make money, then you should spend 99% of your time learning trading skills, not scrolling through those unnutritious gossip. For us small retail investors, the most important thing is to recognize our position. We are not market makers, we can’t play the control game; we are not project teams, we can’t engage in cutting leeks; what we can do is find our own way to survive in this trap-filled market.
An economist was shot just for stating a harsh truth. He said something very simple: the economy will not always rise, there will always be ups and downs. In the Stalin era, this meant that a planned economy would also fail. The result: eight years in prison, executed in 1938 at the age of 46. This person is named Kondratiev. It was only decades after his death that people realized: this guy might have been one of the earliest to understand the rhythm of capitalism. Every 50 years, humanity repeats the same foolishness. Kondratiev discovered a cruel law: human economy must go through a complete cycle from heaven to hell every 50 years.
He entered the circle in 2021, when $BTC had just hit a new high, and $ETH was also around 4000. At that time, he told me: "In this bull market, I want financial freedom." What happened? Now that ETH has dropped below 2000, his account has already been wiped out twice.
Have you noticed a cruel reality? Every time there is a major drop, those who usually shout "buy the dip" in the WeChat Moments all disappear. Where are the real buy orders? In the hands of those giant whales you will never see. We retail investors are really laughable. When BTC was at 73000, everyone was shouting "100,000 USD is just the starting point." Now that it has dropped to 66000, the same group of people starts to panic: "Are we going back to a bear market?"
But do you know? Real opportunities never appear when everyone is optimistic. In 2022, when FTX collapsed and BTC dropped to 15000, how many people dared to buy? Looking back now, that was a golden pit. The fact that ETH has dropped below 2000 actually exposes a deeper problem: the narrative of Ethereum is no longer attractive. The DeFi Summer is over, the NFT bubble has burst, and Layer 2 has diverted transaction fee income. Besides those still dreaming, who else will pay for the story of ETH as the "world computer"?
Right now, the timing is very delicate. The Federal Reserve hasn't lowered interest rates yet, and the macro environment is still tense, but the crypto market has already reacted to all the bad news in advance. At this time, it could either be a golden opportunity to buy the dip, or a prelude to a larger crash. What is my judgment? The current market sentiment is already quite fearful, and the cost of short squeezing is far lower than that of shorting. Real smart money should be greedy when others are fearful.
But remember one thing: always gamble only with money you can afford to lose. Because in this market, everyone who thinks they are very smart will eventually be educated by the market on what humility means.
While everyone is discussing whether Bitcoin will fall below 60,000, I want to tell you a harsher fact: you might be missing out on the last opportunity for wealth redistribution in human history. This is not alarmism; it's true. Currency from gold to robots Do you remember the reaction of most people when Satoshi Nakamoto released the Bitcoin white paper in 2009? "What can this thing do?" Fifteen years have passed, and this "thing" has risen from a few cents to 120,000 dollars. But this is just the beginning. Bitcoin has gone through three stages: the first stage was the narrative of "digital gold", which attracted a group of geeks and libertarians with its anonymity and decentralization. The second stage was the approval of ETFs, where Wall Street and sovereign funds began to pay, and Bitcoin officially "landed".
Yesterday a friend told me: "I think this time $BTC has really hit the bottom, ready to buy the dip." I laughed. Brother, do you know what stage of the bear market we are in right now? Many people have not understood what stage of the bear market we are in and are talking about hitting the bottom, which is really embarrassing. Let me educate you on the reality: all bear markets are divided into 5 stages, and we are currently only in the transition between stages 1 and 2. Stage 1: Making people truly believe the bear market has arrived. Generally, the decline is between 40%-50%, the so-called halving, which has to make everyone feel the pain once. The characteristic of this stage is: people are still shouting "buy the dip", still believing in "technical support". Stage 2: Making people doubt that the bull has not left. Generally, it will recover half of the lost ground, and during this process, many speculative projects will emerge. Do you remember those running shoes from back in the day? They are products of this stage. The market will give you hope, making you feel "see, I told you it's fine". Stage 3: Falling to the point where everyone doubts life. Real DeFi liquidations occur, whales fall, and star projects crash; at this time, it should fall 70%-80% compared to the peak. This is the true period of despair, and friends start saying "I will never touch coins again". Stage 4: The final divergence in sideways movement. It goes sideways until everyone thinks the bottom has been built, and then positions are established. This stage is the most tormenting because it looks very stable, but in reality, it is the calm before the storm. Stage 5: The final drop. By the end, those who still have faith will cut their losses. This is the true bottom, but by then, very few people dare to buy. So far, it is clear that we are still at the end of the first stage. If you have lost money at this stage, do not feel discouraged now. The real pain has not yet begun. But this also means that the opportunity has not yet arrived. Hold on, wait for the opportunity to turn things around in stage 2. Remember this: the market isn't out of money, but lacks patient investors. Don't rush to buy the dip; the bottom is never formed in a day.
When it comes to VANRY, most people's first reaction is "another zeroed coin." Since its listing, the price has plummeted by 90% from its peak and is now only 0.00646. Logically, such a coin should have been thrown into the trash long ago. Strangely enough: more and more smart money is quietly building positions. While the market is speculating on AI concepts, VANRY has already been building AI infrastructure. Everyone is talking about AI Agent, but how many chains can actually make AI Agents run? What AI needs is not TPS, but native memory, reasoning, and automatic settlement capabilities. VANRY is different; it has been designed for AI from day one. myNeutron provides on-chain semantic memory, Kayon handles reasoning logic, and Flows achieves intelligent automation. Google Cloud and NVIDIA are collaborating with them. Do you think these giants would casually choose their partners? The problem is: the market hasn’t reacted yet. While everyone is chasing after those AI coins that are merely concepts, the technically solid VANRY is being neglected in the corner. But this situation won't last long. After the subscription model launches in 2026, VANRY consumption will increase significantly, and with the destruction mechanism, the supply-demand relationship will fundamentally change. Those who mock VANRY for dropping 90% might just be the future buyers chasing the high.
The 93% crash has shown me the most real side of Web3. XPL has dropped 93% since its listing day, with a current price of $0.0945. Behind this number lies the harsh truth of the entire industry: no matter how impressive the technology is, if it can't take off, it's just a joke. The Plasma project indeed has very attractive technology. Layer 1 focuses on stablecoin settlement, with gas-free USDT transfers and sub-second finality, it sounds like a savior in the payment field. But the market has voted with its feet: attractive technology doesn't match an attractive price. Just when the price was falling hard, XPL surprisingly started to move. It surged 18.7% in 24 hours, with a net inflow of 1.18 million USDT, and the RSI has jumped into the overbought zone. A typical "celebration in despair". Plasma is now collaborating with MassPay to build payment infrastructure in Southeast Asia, which is the real deal. But the question is: why didn't they do this from the beginning? The market lacks technology, but it lacks people who can turn technology into money. XPL's current rebound feels more like a speculative game for bottom-fishing capital, rather than a return to value. The RSI is overbought, and the price has broken through the upper Bollinger Band, all these signals are saying: be careful, the retail investor harvesting machine is about to start up again.
【What kind of trading personality do CZ and the first sister have?】
Yesterday, someone in the group shared their results; they multiplied their investment by 50 times in a month. The comments section is filled with worship: "Genius, please lead me" , "Copying homework", "Strategy sharing". So what? 90% of the people who follow others end up losing money. Why? It's simple, you can copy the positions of the big players, but you can't copy the neural pathways of their brains. The person who made 50 times that month might be a natural gambler type of trader. They can increase their position when the price of the coin drops by 80%, going all in when everyone else is panicking. But what about you? You start losing sleep at a 10% drawdown and think about cutting losses at a 20% drawdown. This is the cruel truth: it's not that the strategy doesn't work, it's that your brain is inadequate.
Did you know that the world's richest prisoner's first action upon release was to take a shower?
Did you know that the world's richest prisoner's first action upon release was to take a shower? From working at McDonald's to becoming a billionaire, from being a prisoner to being pardoned by the president, this man's life is more magical than a movie. But what shocked me most was not that he created the trillion-dollar Binance empire, but what he said behind bars: "The most luxurious enjoyment I'll have after getting out of prison is taking a shower in a spacious shower room without having to touch the walls." An ordinary immigrant child's "unexpected" turnaround In 1984, CZ's father went to Canada from China as an exchange scholar, earning a monthly salary of 1,000 Canadian dollars. His mother, a math and history teacher, could only work in a sewing factory for minimum wage because of her poor English.
Yesterday, as soon as the non-farm payroll data came out, the entire market instantly split. The economic data was surprisingly good, the expectation of a Fed rate cut was slapped in the face, the US stock market started to pull back, and Bitcoin fell below 66000. The painful truth: no matter how good the data is, it doesn’t matter. Do you think Trump would care about any economic data after he took office? He would only say one thing to Walsh: "Cut the rates for me, right now." Good economy means rate cuts to stimulate growth, bad economy means rate cuts to save the market, falling inflation means rate cuts to celebrate, rising inflation means rate cuts first and then we’ll talk. This is Trump’s logic, simple and crude. So now these data games are really just watching a show. The Fed's statements before June were all acting, only after June will it be for real. But what’s the most ironic part? ETFs are buying, high-net-worth individuals are buying, retail investors are buying too, the data looks great, yet Bitcoin's price is falling. Why? Because everyone’s buying is passive. Including myself, we are all waiting at 60000 with limit orders, instead of buying spot directly now. This mindset really illustrates the problem: we are all waiting for lower prices, we are all betting that the market will give us better opportunities. This is the most brutal reality now: dispersed passive buying simply cannot offset concentrated active selling. On the surface, the selling doesn't seem much, but the market is indeed falling. What does this indicate? It indicates that the truly wealthy big players have already stopped playing, and what’s left are small retail investors playing against each other. What’s even scarier is that when everyone is waiting for 60000, waiting for 55000, waiting for 50000, the market may not even give you that chance at all. Because waiting itself is a form of shorting behavior. If you don’t buy, I don’t buy, and he doesn’t buy, all waiting for lower prices, then of course the price will go lower. This is a perfect negative feedback loop. So the current issue is not technical analysis, not fundamentals, but psychological games. When everyone becomes smart money, there is no dumb money left to take the fall. Now everyone feels clever, all waiting for lower prices. But what if the market suddenly reverses? What if Bitcoin shoots straight to 70000? Those limit orders at 60000 would become a dream that can never be realized. $BTC
【A coin that dropped 90% upon listing, why I started to reevaluate it?】
Seeing VANRY's current price of 0.00634, it would be a lie to say I don't feel pain. Since its listing, a 90% drop has left many people with nothing. But today, I want to talk about not the scars, but a fact that may have been overlooked by everyone. The market likes to label losers. VANRY is the typical representative of a 'zero-value coin', and every time someone mentions it, it's met with head shakes and sighs. But this is precisely why I started paying attention to it: when everyone is stepping on it, the biggest opportunities often lie hidden. Let me start with a harsh reality: 99% of AI coins are just garbage trying to ride the hype. Terms like AI + blockchain, AI agents, AI this and AI that essentially just attach the letters AI to a white paper to raise funds. But VANRY is different; it is genuinely doing something.