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Cleared 65,500 and exited all the orders I had—only long positions.
After closing, I don’t place any trades, don’t look long, and don’t look short. But I watched an episode of Guangzhi’s stand-up where he talked about “Liucheng’s lychees” (the lychees of Chang’an). He mainly quoted a line from “One rider in crimson dust, the concubine laughs in delight; no one knows the lychees have arrived” — “Even if I fail, I still want to know how far from the finish line I’ll fall.” He said he empathized with it, and I think that’s also where perpetual-contract dogs in the crypto market are right now.
A few years ago, when everyone traded, they were either bullish or bearish. Now everyone’s horizons have broadened: when trading you know how to look at the timeframe level, you know to look at target positions. Some people set targets at the five-minute level, some at thirty minutes, and some make Chang’an the target. I don’t mock anyone who trades and profits, but I don’t respect your grand target of 400 points, ETH target of 10 points, SOL target of 0.5 points—“You can say Fengxian is Shanghai, but Kunshan isn’t.”
No need to ask. 58,000—besides me, nobody went long. The whole gate even has longs dangling from the dogs’ mouths. But at 58,400, if you tell me it’s your Chang’an, I’ll slap you dead with a big open-hand slap. Yet if you say 58,000 to 61,000 is a mid-range consolidation, and your target is to take profit at 61,000—then if you say 61,000 is your Chang’an, there’s no problem. If you say 64,500 is your Chang’an, then 65,500—fine, I’ve also reached Chang’an.
Finally, the short setup and entry points I’ve already talked about. For longs, I didn’t. On one hand, I think the market is bullish now, and tonight you shouldn’t get the long entries you want. On the other hand, last night that French team kicked 🐔—damn! Everyone in the world, even the big AI models, all favor you. They just trick you with your lack of fighting spirit. And tonight Argentina is like this too—so goddamn embarrassing. As for people like me, who have no positions, itch with nothing to trade, and can’t even call out players on the field by name—I’ve made up my mind to keep buying while both sides score goals. I’m not—tonight I still have one more team that can avoid a shutout.