Review of Monday, 7.6

On Monday, sudden breaking news dominated the market, presenting an extremely wide-range, high-volatility trading pattern. In the early session, the momentum was strong; it once surged to around the 640 mark. Then market sentiment cooled, and the market drifted lower throughout the day, trending down with a persistent bearish fall. In the evening, a “Weibo strategy” dump caused a waterfall-like decline, but it was immediately followed by a violent surge again, driven by remarks related to Trump. After a second attempt to test the heavy pressure area around 640, price met resistance and pulled back.

A total of 4 trades were executed on Monday. In this news-driven market with extreme volatility, the difficulty of controlling the trading pace increased significantly. Among them, 1 replenishment/corrective position trade was triggered into a stop-out due to a misjudgment of the entry level, resulting in a relatively large drawdown. The other 3 trades were in the right direction, but only produced modest gains. Overall, the day ended flat, preserving capital; the repeated tug-of-war consumed a great deal of effort.

In surge-and-plunge markets sparked by sudden news, randomness is extremely high, and technical analysis often fails, making it hard to predict in advance. Today’s replenishment mistake is a normal friction cost for dealing with extreme market conditions—there’s no need to overthink it. The primary task now is to steady your mindset: don’t enter blindly. Wait until market sentiment stabilizes and the technical trend becomes clear, then look again for more certain opportunities. $BTC #美伊战争阴云再起