Recently, some meme traders have shifted to ETH, and there are others FUDding BSC: saying the two saints aren't interacting and Binance isn't listing the token.
But the market is actually changing.
More and more projects are popping up on Flap, not just riding the two saints narrative, but rather the community is creating its own narratives and gameplay.
You might not like some of the community's creations, but one after another, 10M+ is happening.
BNB isn't lacking in wealth effect, it's just that the narrative has shifted.
Currently, BTC is showing classic bear market short squeeze tactics. Haven't paid attention to the US-Iran negotiations for a while. Didn't expect that after so long, the market is still desensitized to the negotiation events. Thinking back to last year's tariff issues, both sides dragged it out for months, stirring market volatility with news. This year, the US and Iran are again creating market fluctuations through negotiations. Behind such coincidences, we can't ignore the back-and-forth antics of 'that old rascal' Trump. The emergence of tariffs and the US-Iran situation clearly aims at manipulating the risk market, and there might be other ulterior motives as well. Moving forward, the market trend is likely to remain bearish. The levels of 80K and 82K are worth keeping a close eye on. As for whether the bear market has ended, it doesn't seem so at the moment. On one hand, the macro environment cycle is misaligned, and on the other hand, the US-Iran situation remains tense. The bear market likely has about six months left before it hits the bottom.
If you can pull in a steady 4000 yuan every month, you’re already ahead of about half the folks nationwide, sitting right at the median income level.\n\nDiving deeper into the income tiers, the 4000 yuan mark gets clearer. Based on the data, around 203 million people earn between 2000-3000 yuan monthly, while about 156 million are in the 3000-5000 yuan bracket. Your 4000 yuan lands smack in the middle of these two massive "mainstream" ranges, representing the typical income level for average Chinese workers.\n\nFor the post-90s crowd: A report shows that even among the younger 90s generation, 25.9% of them earn less than 4000 yuan a month.\n\nSeeing this, your anxiety might ease a bit, but saving is still crucial; we all know how tough it is to make money in this grind!
Trading is essentially a long game of fishing. The longer you’re in the game, the more you realize that trading is just like fishing. The market is a boundless sea, and the candlesticks (K-line) are the ripples we see. We are all anglers at the shore. Others are always trying to cast their nets to catch every wave, greedily chasing every opportunity and fearing they’ll miss a single chance. They spend their days buying high and selling low, restlessly reacting to market fluctuations. Meanwhile, the wise ones stick to their own inch of the riverbank. They don't chase waves, don’t get greedy, and don’t force opportunities that aren’t meant for them. They quietly hold their rods, endure the solitude, and keep track of time, waiting patiently for their own fish. I used to never understand why we should be slow and why we should wait. It was only after countless ups and downs in the market that I realized that most of the losses in trading come from impatience and the greed of not wanting to miss out, from the obsession of wanting to control everything. The market never lacks opportunities; what it lacks is the patience to stick to one’s true intentions. We hone our skills, refine our systems, and cultivate our mindset, but in the end, what we’re really training isn’t the technique of fishing. It's the calmness of waiting, the clarity of choices, the composure when empty-handed, and the serenity when catching fish. Many people spend their whole lives chasing a full basket of catches, forgetting the true essence of holding a rod, forgetting that beyond the riverbank, there are mountains, clear winds, and the joys of life. Trading is just a fishing expedition in life, a means to make a living.
Dipping in for a long position is considered left-side trading, and it definitely carries more risk than right-side trading because right-side is about waiting for stabilization before making a move, while left-side goes against the current. Many folks aren't used to left-side trading because they panic at the slightest dip, feeling like they're staring into a bottomless pit, and they can't resist chasing shorts. Only when they see a bounce do they dare to chase the highs. This trading psychology is pretty common, and it often leads to getting stuck in low positions while shorting or getting wrecked when trying to chase highs during a bounce. They get crushed during pullbacks too, so it’s a lose-lose situation. Therefore, it’s crucial to have a trading strategy that suits your style and to work on your trading psychology. My principle is simple: if I can avoid shorting on the daily level, I will, and on higher timeframes, I only short at highs. For instance, from November last year to February this year, I consistently shorted at highs until the end of February when we pulled back below 66666, then I gradually shifted to low longs.
There's no secret to left-side trading; it's about entering within your defined adjustment range (looking at the gains from the past 24 hours combined with Fibonacci retracements to observe market changes). The rest comes down to position management and adjusting take-profit points on bounces. Occasionally, if you jump in a bit early, that’s okay; you can add to your position at the next support point or take some profits. Especially when trading trend positions, after a low buy on a pullback, once the bounce opens up, you need to have patience to hold for a take-profit at the previous high. If the previous high breaks, then take profits at the new high.
Typically, after a big surge, when you enter during a pullback, you won't see an immediate massive pump; it will hang around below for a bit first. Before a bounce, there will be some false moves on smaller indicators that might make you lose your position. Stay sharp and don’t panic. If you panic, you’ll lose your chips.
This week, $BTC is highly likely to face resistance around the $80k mark. Once the final rejection signal appears, we’ll dive all the way down to $46,000 searching for a true phase bottom.
Save the chart as proof, and accumulate in batches. Don’t exhaust your bullets in the trap.
Bitcoin challenges the MA120 daily line bull-bear dividing line, and it has been the sixth day without stabilizing smoothly. This position is indeed a bit confusing to manipulate, so we can only go with the flow, direction is coming soon, still choosing guerrilla warfare, break through and increase positions, but if it cannot break through, clear out!