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2026-7-8
Woke up to a 1000+ drawdown... damn, that damn Iran is... it's not attacking merchant ships, it's attacking traders' accounts. Last night Sandi gave me a narrow window to run and I didn't take it, now I'm trapped again, hahahahahahaha...
It's really turned into the downtrend channel I least wanted to see now. In this state, it doesn't support a very high rebound price; 633 or 635 is about the limit. If Xiao Huang Mao tacos, it could reach 638, but before breaking through the resistance, it doesn't support new highs.
My drawdown is mainly on DOGE, ADA, and SUI😂. Now I can only endure and wait for a rebound to see if altcoins can follow. If they can, I'll reduce a bit of position; if they can't, I won't reduce. Just buy the dip, won't sell. Anyway, it will come back sooner or later...
BTC still has 623~620 at the bottom, and the nearest resistance above is 630. Let's see if Xiao Huang Mao will come out to taco tonight. He may not save the crypto market, but he definitely needs to boost the U.S. stock market😂...