张乐趋势论

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$ETH Fan Feedback 🏆
No matter how much you hate this market
Le Ge's fans always greet with smiles
This does not prove how amazing Le Ge is, it can only be said that Le Ge is very amazing

In early $SENT 25, I brought a student into the field.
When he entered, he couldn’t even understand candlestick charts and felt dizzy looking at the trading interface.
$ENSO But three months later, he turned a mere 6000U into 170000.
Many people thought he must have used some "insider indicators",
but what he relied on was just a ridiculously simple set of logic—
I call it the "Five Steps of Simple Strategy".

Step 1: Small Positioning
He divided 6000U into 60 parts, only risking 100U each time.
Some laughed at his small risk appetite, but he laughed last.
He would increase his position according to the formula when he made a profit, never acting on impulse.

Step 2: Recognize Only One Signal
He didn’t look at random indicators; he focused on two charts:
When the 7-line crosses the 21-line on the 1-hour chart,
then he checks if the MACD on the 4-hour chart is turning red below the zero line.
When the signal appears, he goes in directly. The win rate is absurdly high.

Step 3: Discipline to the Extreme
At the moment of opening a position, he sets take profit and stop loss:
Stop loss at a 1% loss, take profit at a 3% gain.
He times it precisely, never hesitating.
While others are still manually trembling, he has already locked in his fate.

Step 4: Compound Interest Snowball
After winning a trade, he continues to risk half of his profit and capital;
On the second win, he only operates with 2% of the total capital.
He seems "timid", but he is actually amplifying his win rate.

Step 5: Avoid the Retail Graveyard
Having stumbled himself, he compiled a "blacklist":
Do not trade before and after non-farm payroll data is released
Do not trade from 8 PM to 10 PM on Fridays

Only choose to trade from 1 AM to 3 AM
"That time is the cleanest, with fewer traps."
This is his most foolish yet most valuable experience.
This method sounds completely unsexy,
but it is precisely this "stubbornness" that allowed him to turn small money into big money.
In the market, those who lose are not technically incompetent,
but too many people are "impatient, quick-tongued, and emotionally unstable".
Those who understand can turn things around step by step;
those who don’t can only chase and kill in their fantasies.
Don’t envy others for getting rich,
whether you can turn 6000U into 170000,
depends on whether you can be "foolish" enough.
The road in the cryptocurrency world is long,
and those who truly reach the end
are never the fastest ones,
but the ones who walk the most steadily.
I will continue to share some practical thoughts and experiences here,
if you are still looking for direction, feel free to walk together.

The behavior I despise the most is when someone just earns a bit of money and can't wait for the whole world to know.

And what happens? Trouble follows one after another. Our ancestors pointed out this pit over two thousand years ago: "Still waters run deep, light but not dazzling." When things are going smoothly, one should keep quiet.

"Light but not dazzling" does not mean extinguishing one's brilliance, but rather not blinding others. Human nature has its darkness: when you flaunt your beauty, you attract envy; when you show off your wealth, you invite schemes; when you open your heart, it may be trampled. Liu Zhenyun sees it clearly: exposure is the beginning of risk.

Why? When admiration surpasses a limit, it turns into jealousy. When jealousy takes root, malice sprouts. "A tree that stands out in the forest will be blown down by the wind"; it’s not the wind that’s bad, but human nature.

Truly formidable people have long switched their lives to "silent mode." It’s not about being timid, but being clear-headed. Pride invites loss, humility brings benefits. Ripe wheat knows to bend, and wise people know to hide their sharpness.

The Book of Changes says, "The modest gentleman is humble to govern himself." This low profile is fundamental to establishing oneself and builds a moat for oneself.

To hold onto good fortune, it's crucial to hide two things well:

1. Thoughts: Keep them to yourself. Don’t let them become topics for others or leverage against you. True growth often takes root in silence.

2. Abilities: Keep three parts hidden. Especially in front of acquaintances, showing too much sharpness hurts hearts and provokes malice. Your capabilities will be proven over time; there’s no need to rush to validate yourself.
"A heavy sword has no edge, great skill is not contrived." True strength does not need to be flaunted. Still waters run deep, strength is hidden within; light but not dazzling, sharpness is reined in internally. Only when one is adept can one wait for the right moment to act.

In the rest of life, walk steadily, guard your heart. Don’t reveal mountains, don’t show water; nourish strength in low profile, and accumulate wisdom in humility. #加密市场观察

In 9 days, I turned 8000 U into 1 million U; the cryptocurrency world is my ATM!

Let’s just say, in this cryptocurrency space, the speed of making money is simply more intense than a rocket launch! In just 9 days, I skyrocketed from 8000 U straight to 1 million U,

This speed would make bank robbers call me "Big Brother", but I am a legally wealthy "man of justice"!

On the 10th, I was bored, so I casually placed a long order for ZEC at 500, just like flipping a coin, didn’t take it seriously at all.

Hey, this ZEC seemed to have gone crazy, soaring all the way up to 648. I was quick with my hands and quickly took profits, 70,000 U just "floated" into my account like snowflakes; earning this money was easier than picking it up off the ground, I began to suspect that God was secretly helping me cheat!

The next day, I got cocky, and my greed kicked in, I opened a short position for ZEC at 580. This coin was great, it plummeted like a ride on a free fall, crashing down to 450. I swiftly took profits, another 460,000 U "thudded" into my arms, I was almost knocked out by the money!

Victory didn’t cloud my judgment; I continued to analyze the market, and instantly spotted that BTC had "potential for a sharp decline", decisively opening a short position at 95264.

That night, my eyes were wide open like copper bells, staring at the screen, and in the early hours, the big bearish candle came crashing down like a hammer, "thudding" near 91000. I went crazy taking profits on several positions, and when I opened my eyes in the morning, my account had increased by 400,000 U; I was almost wondering if I was dreaming!

Now I am carefully planning my ZEC trading strategy; there are limited spots available, only a few left! For those family members wanting to "scoop up gold" and make a fortune in the cryptocurrency world, don’t hesitate, get on board quickly. #加密市场观察 #Strategy增持比特币

We want to earn a lifetime of U instead of earning U for a lifetime

$USTC Brothers, today K God shares some practical experiences in contract trading:

$PENGU First, when you make a profit, you have to protect it. For example, if you buy a coin and it rises by more than 10%, you need to be cautious. If it drops back to your purchase price, sell it immediately without hesitation. If you've made a 20% profit, then you must set a rule for yourself: you cannot sell unless your profit is at least 10% unless you can be sure this is a temporary high point; otherwise, don't sell easily. The same goes for if you've made a 30% profit, you should at least protect 15% of the profit before selling. This way, even if you don't have the technical skills to judge high points, you can let the profit roll itself up.

Second, if you are losing money, you must decisively cut your losses. If you buy a coin and it drops by 15% (you can set this number yourself, but 15% is a reasonable reference), you need to quickly cut your losses and leave. This is to stop the losses in time and not let yourself fall deeper. If it rises afterward, that's okay; it means your entry point was wrong, and it was a bad trade. Mistakes come with a price, which is the loss. You need to remember to set stop-losses for every trade; this is a necessary condition for trading coins.

Third, if the coin you sold drops, you should buy it back at the original price. If you sell a coin and it drops, but you still have confidence in it, then buy back the same amount of coins. This way, your number of coins remains unchanged, but you have more capital on hand. If you sell and it doesn't drop much, and you don't buy back, and it rises back to your selling price later, then you must unconditionally buy it back.

Although this will waste a bit of transaction fees, it can avoid many risks of missing out. This principle can be combined with the stop-loss principle: buy back at the original price when it rises back, and if it drops again, cut your losses. If you operate like this multiple times and find that the price of this coin is always unstable, then you need to choose a new entry point.

In short, short-term trading of coins must adhere to principles; quick in and out does not mean reckless tossing, chasing hot trends does not mean random collisions, taking profits does not mean timidity, and staying on the sidelines does not mean exiting the coin circle. Don't get too tangled up in the lowest and highest price points.

One log cannot support a tree; it is better to go with the big troop! The direction has been pointed out, it all depends on whether you can keep up! #Strategy增持比特币 #加密市场观察

$ZEC I am 37 years old this year, and I have been in the cryptocurrency market for 10 years, experiencing the ups and downs of this market since I was 27.

$MYX Some people ask me, have you made money? The answer is simple: From 2020 to 2022, my account exceeded 8 figures, and now I can easily enjoy hotel stays at 2000 every night, living more comfortably than many traditional industry practitioners born in the 80s.

$BEAT So, what’s the secret? It’s not talent, nor luck, but a simple “343 phase investment method.” With it, I steadily earned over 20 million.

Taking Bitcoin as an example:

Step 1: 3 — Start small

Assuming my capital pool is 120,000, I would first use 30% (36,000) as an initial investment. Using a small position, I maintain a stable mindset and controllable risks.

Step 2: 4 — Gradually increase positions

If the price rises, I will wait for a pullback to add to my position; if it falls, I will increase by 10% for every 10% drop, gradually completing 40% of my position. This way, regardless of how the market fluctuates, the cost can be averaged out.

Step 3: 3 — Final increase

Once the trend stabilizes, I will use the final 30% to increase my position, ensuring the entire process is clear and efficient.

This method may sound a bit “silly,” but sometimes, silly things can last.

In the market, the hardest part isn’t finding so-called “miracle operations,” but restraining one’s greed and fear.

I’ve seen too many people pursue shortcuts, only to suffer heavy losses overnight, while I rely on “calmness, non-greed, and phased investment.”

The result is: when others buy high and sell low, I move steadily forward, going further.

Brothers, don’t underestimate this “silly method”; it is the true ATM in the crypto market.

If you also want to make a comeback in the coin circle, don’t hesitate, you might as well follow Brother Le to use the right method and start your journey to wealth! #巨鲸动向

I remember the year I first entered the crypto world, sitting in a rented room eating instant noodles, and I had to split a sausage into two meals.
Now, I have an 8-digit account balance and a Panamera parked in my garage.

It’s not because I’m smarter; it’s because I used the 'foolish methods' that many people don’t bother to learn.
Back then, I had just entered the market, went all in and lost everything, with debts peaking at 1.2 million.

Friends advised me to stop playing, but I sank deeper instead. Until one day, I realized:
The market isn’t won by passion; it survives through systems.
The 4-hour vacuum period that the big players fear most.

90% of newcomers have no idea:
Asian markets = breeding ground for false signals.
It’s common to make 50,000 in the morning and lose 100,000 in the afternoon!

Real stable profits can only be made in two time periods:
1. U.S. market night attack (9 PM - 1 AM)
Goldman Sachs and JPMorgan enter the market, and the candlesticks are as clean as if they’ve been ironed.

2. Federal Reserve surprise window (every Thursday at 3 AM)
Within 15 minutes of data release, the market takes off; last year I had 19 wins out of 23 battles.
MACD + RSI three-color killer technique.
Stop looking at death crosses and golden crosses; they are bait used by the big players!

MACD 'below zero golden cross':
Wait until the third golden cross to go all in; I relied on this tactic to ride the entire BTC wave last year.

RSI secret code:
The moment it breaks the descending trend line, the 4-hour volume suddenly doubles = a sign of a surge!

Ghost indicator:
15-minute chart + parameter 13.7, sensing the change in the market 6 hours in advance (don’t ask why, you’ll know when you try it).
Dynamic stop loss is the real lifesaver.
Are you still using a fixed 3% stop loss?
The big players can see right through your orders!

My stop loss anchor point method:
Bullish market: place stop loss below the previous low by 0.618.
Bearish market: use ATR dynamic stop loss; last year during the crash, I only lost a maximum of 1.8%.
Did you know?
The ultimate purpose of all strategies is just one: to keep you alive to see the next opportunity.
Candlesticks are cold, but when the method is right, people have warmth.

If you are still frequently stopping losses and doubting yourself...
Then I can only say, the real opportunity has come, and you might miss it again.
The market is always changing, but the number of people making money is getting smaller.
It’s not that the strategies are bad; it’s that the executors aren’t ruthless enough.

I’m not a mentor; I’ve just died a few more times than you.
If you’re interested in synchronizing strategies with me, I won’t say much about the channel; you’ll understand when you see #加密市场观察 #巨鲸动向 .

In about two days, the account multiplied twenty times, from 1200U the night before last to 37568U now.
The day before yesterday, I bought BTC, leveraged a hundred times, and earned 15000U.
The most I earned later was from ETH, which plummeted directly and made me 22000U.
Brother Le proves himself with his performance, and past records can be checked #Strategy增持比特币 .

I am not a god, but in the crypto world, I have saved too many people who were 'dying' too fast.
Most people who add me are almost out of funds.
They only have three to five hundred dollars left, their mindset is exploding, and they have lost all hope of breaking even.
They ask me: "Teacher, I have already lost over 100,000, is there still hope?"
"I am not greedy; if I can recover a bit, I will be content."
Listen, what I have said the most is:
"You didn't come early, but as long as you listen, I will let you leave faster than anyone else."
I don’t play games; let me share a few real trading turnaround cases:
A fan had an 800U account, and in 2 days, it grew to 3700U.
After losing for nearly half a year, he kept losing and averaging down.
When he found me, he was in a terrible emotional state, and I only let him take a small position with a short order, with a stop loss of 10U.
In 3 hours, he made a profit of 120U;
The next day, a set of combined orders made full profit.
After steadily working for two days, he multiplied his capital by 12 times.
Case 2 | Fan B, heavily invested to break even, in 1 month went from losing 80,000U to a profit of 13,000U.
He had blown up his account multiple times elsewhere and finally had no choice but to find me.
I didn’t rush him to enter the market; in the first week, we only did review and mindset rebuilding,
In the second week, we started position control + compound interest + trading with the trend,
In 1 month, he turned the disadvantage around, with the account going from -80,000 to positive.
In the crypto trading world, there are no miracles, only rules and discipline.
If you keep losing, it's not that you can't do it; it's that no one really teaches you how to survive.
I never rely on luck when trading,
What I rely on is rhythm + position management + judgment + years of market experience. #加密市场观察 #Strategy增持比特币

BTC/ETH Thursday

A night of shock in the crypto world, a single statement from Dong Wang reverses the situation.

In the early morning, the rollercoaster market in the crypto world finally surged sharply following Dong Wang's final statement. An agreement related to Greenland has been reached with NATO, and there will be no additional tariffs on Europe, instantly providing the market with a sense of reassurance.

In the early morning, the bottom support was tested again, reaching the lower bound of the daily line and迎来了反冲.
Key attention should be paid to the pressure range of 90600-91200 above; if this area is not effectively突破, short positions can be entered in batches.

Bitcoin 90600-91200 short in batches, looking at 89000-88500.
Ethereum 3060-3080 short in batches, looking at 3000-2980#加密市场观察 .

In 2025, at the beginning of the year, a fan who found Le Ge was brought by Le Ge to roll from 1000U to 8000U in two months. When he found me, he said: “Brother, I only have 1000U left in my account, is there still a chance to turn things around?” I didn’t say much, just replied to him: “Follow me, don’t be greedy, only do the planned trades.” He believed me, and we started this two-month rolling plan. Starting phase: Stabilize the mindset, don’t gamble on the first shot. In the first week, I didn’t let him rush to open positions, but instead observed the market and showed him what a “valuable opportunity” looks like. When we really entered the first trade, we only moved 300U, with 5x leverage, precisely hitting a point of extreme weakness in sentiment. That trade made 18%. I told him: “This is not profit, it’s paving the way for what’s to come.” Mid-term phase: The rolling rhythm takes shape, dynamic position control is key. After the account reached 3000U, I started teaching him how to break down market structure, control drawdowns, and build positions in batches for profit-taking. In one round of the market, we used 30% of the position to ride the main uptrend, and 20% of the position for low-level replenishment, never going full position, never holding on stubbornly. In those several waves, we won four rounds in a row with ETH, SOL, and OP, steadily reaching 5000U. Later phase: Amplify the rhythm, but don’t give up discipline. I guided him to use a “sprint mode” to layout major cycle breakthrough trades, but for each trade, the position size, take profit and stop loss ratios, and preset exit points were all determined in advance. In that round, when BTC broke through and ETH rose, we made it to 8000U in one trade. From 1000U → 8000U, what he achieved was not a “miracle,” but the “result of discipline.” Many people ask me: “How do you judge those key points?” “Why do others lose while you can steadily go up?” I can only say, we are not gambling, but following the three elements of “position rhythm + emotional structure + technical confirmation.” I have broken this down into a complete rolling system, suitable for those with small funds to make a comeback. Want to know what specific strategies we used? How to control risks, identify false breakouts, and when to take a step back? I don’t teach myths, I only talk about real trading #加密市场观察 #美国核心CPI低于预期 .

Brothers with a principal of less than 1000U, pause for a moment and heed my advice.

The cryptocurrency market is not a casino; it's a battlefield of strategies.
With less capital, one must be more stable, like an old hunter who remains calm. Last year, I guided a novice whose account was just 1200U. At first, he was so nervous he trembled while placing orders, afraid that a single operation would wipe him out.
I told him: “Follow the rules, and you can slowly rise.”

Three months later, his account broke through 15,000U;
Five months passed, and it surged to 32,000U without a single liquidation.
Some asked if it was luck? It absolutely wasn’t; it relied on solid discipline.

These three iron rules of "survival and profit" helped him grow from 1200U to now:

The first rule: Split capital into three parts and keep a good backup.
Divide the principal into three portions: 500U for day trading, focusing only on Bitcoin and Ethereum, cashing out with a 3%-5% fluctuation;
400U for swing trading, wait for clear opportunities to act, holding positions for 3-5 days for stability;
300U kept as a reserve, no matter how extreme the market, it remains untouched, providing the confidence to recover.
Have you seen those who go all-in with just a few thousand U? They panic when it rises and are scared when it falls; they simply can’t go far. True winners understand the importance of keeping some money outside the market.

The second rule: Only chase trends, not oscillations.
The market spends 80% of the time in sideways movement; frequent trading just pays fees to the platform.
If there are no signals, sit tight; if there are signals, act decisively.
Withdraw half of the profits after a 15% gain; securing profits is the way to go.
The expert's rhythm is “stillness is key; when moving, you must hit.” When his account doubled, I watched him steadily cash out, not anxious or chasing highs.

The third rule: Prioritize rules and manage emotions.
Single trade stop loss must not exceed 2%, exit at the designated point;
If profits exceed 4%, reduce the position by half, let the remaining profits run;
Never average down on losses; don’t let emotions drag you down.
You don’t need to always pinpoint the market, but you must always adhere to the rules.
Making money relies on a system to control the urge to make chaotic trades.

Remember, having little capital is not scary; what’s scary is always thinking about “making a big turn.” Growing from 1200U to 32,000U wasn’t about luck, but rules, patience, and discipline.

Once, I stumbled alone in the darkness; now the light is in my hands.
The light stays on; will you follow? #加密市场回调 #巨鲸动向

Seeing this video, Le Ge was really surprised, but this just proves that Le Ge's thinking and vision are consistently good. Yesterday, Le Ge mentioned that the market might take a sharp turn downwards. For those fans who followed Le Ge, please share your profits in the comment section.

I used to worry about liquidation until I mastered this low-risk method, and since then I've been steadily profitable: $DCR

1. Leverage ≠ Risk, Position Size is Key!

High leverage is not scary, the key is to control the position size. Formula: Risk = Leverage × Position Size.

2. Stop Loss ≠ Loss, Account Insurance!

Stop loss if the loss exceeds 2% to avoid liquidation.

3. Rolling Position ≠ All-In, Compound Growth!

Every time you gain 10%, use the profit to increase your position steadily.

4. Precise Risk Control Formula:

Total Position Size = (Principal × 2%) / (Stop Loss × Leverage), calculate each position size.

5. Three-Stage Take Profit Method:

Take profit 1/3 at 20% gain;

Take profit 1/3 at 50% gain;

Move stop loss for remaining position, exit if it drops below the 5-day line.

6. Hedge Insurance:

Use 1% of principal to buy options, avoid extreme risks.

7. Avoid these traps:

Holding for 4 hours: Liquidation Rate 92%

High-Frequency Trading: Principal Loss 24%

Greed without Taking Profit: Profit Drawdown 83%

8. Essence of Trading:

2% stop loss, 20% take profit, a win rate of 34% is enough to be profitable, annualized return 400%+.

Ultimate Rule: Single Loss ≤ 2% - Annual Trades ≤ 20 - Profit/Loss Ratio ≥ 3:1

70% of the time in cash, patiently wait for opportunities.

Master these rules, be steadily profitable, and say goodbye to liquidation!

Follow Zhang Le, no bragging or empty promises, just share practical experience that can help you survive in the circle. The team still has spots, whether to follow is up to you? #加密市场观察 #美国民主党BlueVault

$BTC $ETH Le Ge's thoughts are completely fine. Today's market trend continues.

The pullback this round is also quite large, but the bulls have almost been completely wiped out.

Around 2940, it seems that it has already bottomed out during the day, and it is gradually decreasing in volume, showing signs of a rebound. Strong resistance above at 3170.

From a technical perspective, the 1H indicators show a bottom divergence. If it continues to 2H, 3H, 4H, then there is hope to return to the points where it fell last night. Therefore, we only need to pay attention to whether 2H, 3H, and 4H will consecutively show a bottom divergence pattern!

In terms of operation, it is recommended to gradually go long around 2950-2920, with targets at 3030-3080-3130-3170#加密市场观察

$LUNA On the day of the crash, my account went from 5 million to 13 thousand, crying in the bathroom.

My phone rang, it was a message from my wife: Xiao Bao's early education fee is due.

At that moment, I collapsed, squatting in the bathroom and crying out loud.

I finally understood that investing is not betting your life, but protecting it.

Later, I vowed never to act recklessly again, sealing away leverage, writing my own trading manual, and gathering a group of brothers who had been battered in the market to form a small alliance.

We agreed not to pursue mythical hundredfold returns, but to focus on survival with compound interest.

Positions are layered like a pyramid; starting with 2 lots, adding more when profits come, with a single loss not exceeding 1%. With this “strict rule,” we managed to get through the fluctuations of 2023.

Later, we summarized the law of “multi-cycle resonance”: when the four-hour and daily charts both show a golden cross and trading volume nearly doubles, that's a certain opportunity.

Last year, thanks to this, we captured three big market waves.

Complemented by the “volume identification system”: new highs, doubled volume, and three days of support holding, that is a true breakthrough. Otherwise, it’s all fake moves. How many people were caught by the fishing line and lost money, while we avoided it.

In three years, from 18 people to over a thousand, from liquidated old investors to 28 consecutive months without liquidation. Some have paid off their mortgages through steady profits, while others have saved enough for their children's study abroad fund.

Looking back at myself squatting in the bathroom back then, I am very grateful for the heartbreak of that night. There are no miracles in the crypto world, only rules. True success is being able to let your family sleep peacefully.

Still the same saying, a single tree cannot make a forest, a lonely sail cannot travel far! Having a good team to guide you is always much stronger than fighting alone, and I have always been here! #美联储降息 #加密市场观察

Short-term Trading Comeback Secrets: Turning Points from Loss to Profit

I once suffered greatly from chasing highs and catching falling knives, but later summarized a few simple principles that helped me successfully avoid these traps:

1. Chasing highs leads to failure, get in steadily

Do not chase prices that break above previous highs; wait for a pullback to the lower or middle Bollinger Bands before entering, to avoid being trapped.

2. Don't catch falling knives, be steady and careful

Do not blindly catch declines; wait for the price to stabilize, especially when a consolidation pattern appears in the middle of the 1-hour chart, do not enter rashly.

3. Avoid trading during quiet periods, missing out isn't a loss

After 2:30 PM and 10:30 PM, market trading volume is low and trends are unclear; avoid trading during these times.

4. Volume determines direction

Observe trading volume; only enter when volume increases; K-line trends with low volume are not trustworthy.

5. Strict stop-loss, control losses

Each entry should have a clear logic, set a tight stop-loss; if the stop-loss is triggered, exit decisively and wait for the next opportunity.

These simple principles helped me avoid many losses and ultimately turn around from failure to success.

If in the past you were alone in the dark of night, now the light is in my hand, and I keep it shining.💡 Will you follow, or not?
#加密市场观察 #代币化热潮

$ETH Fan Feedback 🏆
Steady victory comes from following the right people
Whether to follow or not depends on you #加密市场观察

Yesterday's wave saw Bitcoin plummet, leaving many confused.

A bunch of followers in the background asked me: Brother Le, this drop was too sudden, what exactly happened?

In fact, such "sudden crashes" all have their logic behind them.

However, most people only look at the candlestick charts and ignore the "blood vessels" of capital.

I often say: Markets do not rise or fall without reason.

Every market pullback happens because there are issues with liquidity.

This time, the trigger actually came from U.S. Treasuries.

U.S. Treasuries are like a giant "money-sucking machine."

In recent days, the U.S. government is on the verge of a shutdown, and the Treasury's TGA account is nearly empty.

Funds in the market were already tight, and then came a $163 billion auction of U.S. Treasuries.

It's like drawing blood directly from the market's heart—money flows into the bond market, and naturally, risk assets become "anemic."

So that bearish candlestick last night was not an accident; it was inevitable.

What you see as a drop in coin price is actually a withdrawal of capital.

Adding to that, the Federal Reserve sent another chill, with a hawkish remark from George, causing the market's expectations for a rate cut in December to drop significantly.

Risk capital that was originally hoping for rate cuts to stimulate suddenly lost direction; those that should run, ran, and those that should cut, cut—Bitcoin bore the brunt.

But I want to remind you: this is not the end; it's just a change in rhythm.

Liquidity is like the tide; the more violently it recedes, the more violently it returns.

Once the government resumes operation, with TGA replenishing and reverse repos relaxing, the capital that has been drawn away will eventually return to the market.

I have been trading for 8 years and have seen too many cycles like this.

Everyone panics, cuts losses, and curses the big players; they are actually making the same mistake.

Focusing on price without looking at logic.

The short-term pain in the market is not a bad thing; it cleans up floating capital.

Those who understand how to look at liquidity can lay out their positions in advance amidst the chaos.

Remember: a drop is a chance for turnover; panic is an emotional signal.

When others cut orders, I focus on the rhythm; when others retreat, I look at the direction.

This is the trading philosophy of K: do not bet on wild rises or falls, only follow the flow of capital.

Once the signal for this wave of capital return comes out, I will tell everyone how to position themselves right away.

On the road to compound interest, I have been walking for 8 years,

I can walk fast alone, but I hope to take you along to walk far together.

——@张乐趋势论 #Crypto Market Observation