**July 19 Trading Log**

### 1. Ethereum ($ETH ‌): the bounce isn’t strong enough for the bulls; the strategy of holding out to the end of September remains unchanged
Today is July 19.
Watching the market over the weekend, the overall trend basically validated our earlier idea: the rebound strength of the second-largest narrative, **$ETH**, and a whole bunch of mainstream tokens is **not very strong**. It looks like it’s trying to push higher, but once it climbs a bit, it meets heavy sell pressure at high levels—there’s no staying power. Right now, the price is stuck around **$1,870**, dithering and consolidating muddily, purely because there’s a lack of capital support and it’s going nowhere in terms of volume.
So, I’ll say the same thing: **keep坚定不移地继续保持看空！**
This round of downside adjustment absolutely isn’t going to end that quickly. My big-picture direction is rock-solid: **at least continue shorting all the way through and grind it out to the end of September**. The September 25 bearish options I picked up earlier, I’ve also been holding steadily. The biggest risk in trading is getting shaky halfway; once the long-term trend is identified, the rest is just陪狗庄慢慢磨.
### 2. Altcoin moves: $BEAT has some potential—keep it on the watchlist for now
Even though the overall crypto market is leaning weak right now, the memecoin **$BEAT** mentioned earlier a few days ago is still worth keeping an eye on.
Judging from its recent price action and how active the order book is, **I personally think it still has plenty of potential and is worth putting on the watchlist for close attention**. That said, in this current junk-time market, don’t rush to blindly chase at the current price. First, see whether it can form an independent, resilient structure through the upcoming broader market pullback. Once the right-side signals are clear, we can talk then.
### Today’s rambling
No US stock market to set the tone over the weekend, so grinding the market is the norm—focus on watching more and moving less. Since the long-term limit orders and options are already set up according to the plan, take a steady mindset and don’t let short-term swings of a few bucks blind you. Set your stop losses, hit like and follow—we’ll keep watching. #夏日创作营