S&P 500: The slope of the uptrend has become increasingly shallow. Is the more professional term for this "flattening"? I think there's still some time left, and there's a good chance it could test the 7000-point level (thinking in a Chinese way), but from a technical pattern perspective, it already looks a lot like a top range.

1. Crypto and US Stocks
That day, a netizen's reply really made me think a lot. Later, I thought about it and realized it's true—this space has always been like this. It's just that, because we're in a bear market, the environment and emotions affect us, causing our mindset to become unbalanced.
Compared to US stocks, the crypto space is young. Youth represents innovation, but it also means volatility. Naturally, it comes with stronger manipulation and more toxicity.

Recent trades:
1. Shorted ETH at basically the highest point, 3030, held until the lowest point, 2700, then kept testing positions, testing, testing, and gave back half of the gains;
2. Went long on SOL at 126, kept adding more and more positions, then took profit at 143, bought back at 141, stopped out at 140, then kept testing positions, testing, testing, and gave back most of the gains again;

Expand the balance sheet? Are you just making things up?

Trash market conditions, the less you participate, the less you lose. Trade against the upper and lower boundaries, or trade the breakouts—either way is fine. Even if you get it wrong or it's a fake breakout, you have stop-losses in place, so you should take the trade, and if you're wrong, you should take the loss. But in this middle area, if you don't have profit from previous trades to support taking a continuation trade, there's really no need to enter.

Didn't open any positions over the weekend, woke up because I needed to pee, what kind of god-tier market is this? First a long squeeze, then a short squeeze, then another long squeeze? Truly impressive! I wanted to post something to show off, just finished editing, but before I could send it, realized there was no need; yeah, both sides got rekt, hahaha

Well said, I’ve learned a lot.

Sometimes I can't help but wonder, in this era dominated by AI, energy, and robotics, what convincing advantages does the crypto space still have compared to US stocks? Speaking purely about crypto, Coin is basically the best broker in the space—2x ETFs won't get liquidated, plus there's margin trading, leveraged up to over 3x, basically outperforming most blue chips in the crypto world, and now there are additional narratives as well... For single investments, there are various ETFs like iBit...

Everyone is here to make money; not everyone is that bad. But if we easily trust any KOL on the internet, that's our own problem 👍

Every time after making a profit, I keep testing orders and experiencing drawdowns, and once again, half of the profits are quickly eroded. If that round with Suozi from 141-147 wasn't closed at the original price but at the high point instead, damn, it would have already retraced more than half. Luckily, I didn't count that unrealized profit as real earnings in my mind. Forget about the profit retracement—what really pisses me off is missing out on such a smooth downtrend. It really feels stupid.

Luckily I ran fast, otherwise I would've been wiped out completely, hahaha. Thanks to COINBASE for the timely alert! Unfortunately, I picked the wrong direction and couldn't hold the position. I flipped short on ETH, made up for the BTC losses, and got out quickly. Sigh, still inexperienced, need more practice.

I'm done, I'm out. The US military isn't up to the task!

If the market really goes as expected and goes up, breaking another high, I won't make fun of the bears either. After all, in this kind of market, it hasn't been easy for anyone. Whether you're going long or short, if you can still be active in the secondary market, still share trades, and still share your insights during this period, you're all damn comrades. There's no right or wrong—it's just a clash of ideas.

It's starting to feel like bulls and bears are calling each other idiots again, that's more like it—let's get some excitement going.

1. This time the profit drawdown was a bit less than last time, so that's progress. I hope it'll be even better next time.
2. It's just that every day my left and right brain are battling between long and short positions, and honestly, it's pretty exhausting.

The whole market now just gives me a feeling of... cooling off... What does cooling off mean? It means that without any news, events, or policy stimulus, once it hits 80,000, nobody really wants to sell, and once it hits 90,000, nobody really wants to buy. There’s less chatting on Twitter and in the communities, and both the bulls and bears have lost their enthusiasm... This vibe, it’s undoubtedly a bear market...🐻🐻🐻

Smelly~

To put it simply:
You can have faith in Bitcoin, because it is the original belief of the crypto world;
You can have faith in ETH, as it has proven itself over three cycles;
You can have faith in SOL, since it has performed well in two cycles;
You can have faith in BNB, as its cycle and the strength of its backing have always been evident;
But you have faith in ZEC just because this rally was strong and a few KOLs hyped it up?
GOOD LUCK

Let’s talk about $ZEC coin. When it was going up, I was busy losing money in the main market, but during the drop I basically shorted it from 700 to 400 (all documented on Twitter). Although I only had a $20,000 position, even if I played the upside phase, my system would still only allocate $20,000 to it, since it’s just an altcoin after all.

From the post views and the sentiment on Twitter, it's pretty clear: 90% of people missed out on this rebound... And another 900% are shorting—why 900%? Because they're using leverage!