July 16 trading log (13:20 noon)

1. Ethereum ($ETH ‌): The bulls are strong. As planned, we’re just waiting to catch the rabbit—right now the “second cake” is hovering around 1920. This bullish momentum is definitely still there, and the price action is quite forceful. But we don’t need to panic—continue executing according to the plan laid out yesterday. Since the overall direction looks good, don’t chase halfway up the mountain; set the net in the upper strong resistance range and wait for it: Order-placing ranges: 1947, 1958, 1988, and the final line of defense 2070. Hard stop-loss: fixed at 2100, no exceptions. Trading principle: steady and calm—absolutely do not open high leverage. Use low leverage with a light position and grind it out.
2. Altcoins $BEAT : It looks like there’s a bit of momentum—should we test it a little? The AI-themed altcoin $BEAT ‌ that was jumping around wildly and had extremely scary volatility lately—over the past couple of days, watching the chart feels like it might be getting ready to fire up and take off again. Everyone has seen how explosive these altcoins can be. Once the “dog whale” starts pumping, the upside space is indeed not small. Trading suggestion: If you’re interested in these high-volatility low-cap alts, brothers can consider opening a low-leverage long position at this level to try to catch a run-up. Warm reminder: what these altcoins are best at is quick in and quick out—don’t “fall in love” with it; take profit when it’s good. After all, not long ago in the World Cup, even Argentina got held to a draw by Cape Verde—out here in crypto, when the dog whale plays with niche stuff, it’s even more unreasonable.
Today’s rambling: The bulls are still thrashing around. Since our ETH short orders are already set, we don’t need to keep staring at it all the time—let the bullets fly a bit longer. When you’re in cash/flat, keep your mindset level; eat, drink, and wait for the market to deliver the opportunity. Set your stop-loss, like and follow, and we’ll check later whether $BEAT can pull up a first wave!
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