I’ll finish posting this trading thesis at 9:00 PM. About an hour later, Er Bing really shows up.

Today, a lot of people’s attention is on Big Bing, but I’m paying more attention to Er Bing.

In the morning’s thesis, I wrote it very clearly.

Er Bing’s trend is relatively strong. People are paying attention to pullbacks and looking to go long. At the high level there’s resistance people are watching for shorts, but I don’t recommend blindly chasing shorts.

Many people might think: since Big Bing hasn’t moved much, Er Bing should be pretty similar too.

But what I’m looking at today isn’t Big Bing—it’s Er Bing’s own strength and weakness.

From the past few days’ price action, Er Bing is clearly stronger than Big Bing. Every time it pulls back, there’s capital stepping in to take over the bids—so it can’t drop. And the bounce is also more proactive.

So today my thinking has stayed the same: around 1900-1910, watch for pullbacks to go long; 1940-1960 is where the key pressure is.

Not the kind of thing where you see it go up and then chase longs, or you see it drop and then chase shorts.

After I sent out my thesis at 9:00 PM, about an hour later, Er Bing started to rise noticeably—while Big Bing basically stayed where it was and kept ranging.

That’s also why I’ve kept saying that sometimes you shouldn’t just keep staring at Big Bing.

A lot of the time, Big Bing is only there to set the direction; the one with real “elasticity,” instead, is Er Bing.

Today’s move in the market also confirms my judgment about Er Bing’s strength and weakness.

Of course, that doesn’t mean it will be the same every time going forward.

Trading doesn’t have 100%.

What I can do is share my plan ahead of time every day, so the market can validate it—not wait until the move is already done and then say I knew it all along.

The market won’t always go according to our expectations, so doing the analysis early is to leave myself room to adapt to changes. If the market goes this way, we respond this way. $ETH ‌#特朗普同意Clarity法案纳入伦理条款