Last night, out of nowhere, we saw a pump that liquidated a bunch of 79x short positions, and then it dropped right back down. I don't think this drop is significantly related to tomorrow's Japanese rate decision; the exchange rate hasn't changed much at all. The probability of a rate hike is there, but it’s not high. Historically, rate hikes tend to impact the market a few days later. It shouldn’t just drop straight down like this; it feels more like after liquidating those shorts, there’s no 'fuel' to push the price up.

The 4-hour chart formed an M pattern, so I jumped on some short positions I hadn’t opened earlier, and took out the stop-loss shorts from the previous highs 😂... It’s a monkey market; day trading both longs and shorts is doable, but those who get too greedy might get wrecked. The daily chart looks okay, but I'm more worried about a potential pullback in the Nasdaq 😂...

Keep an eye on the support around 763-765 below, and those old resistance levels above at 781, 785~788.

Poor my doge, I was asleep when it was at 0.10x, and by the time I woke up, it had already dumped 😂. I’ll just hold on... it’s been in my bag for over 4 months now, so whatever, it’ll pump eventually.