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July 24 Trading Log
1. Ethereum ($ETH ): The weekend drama is coming—watch out for a brutal crash!
Today is July 24, Friday.
It’s once again the critical window period when the U.S. stock market is about to close for the weekend and liquidity in the funds tightens. At first glance, the current market looks calm and steady, but behind the scenes there are already killers lurking. In my personal judgment, $ETH is extremely likely to see a very fierce crash this weekend!
Weekend market liquidity is already thin—at high levels there’s basically no strong spot buying power to provide support. Once the bears smash the market over the weekend liquidity “gap,” it easily triggers a chain of long “stamped liquidation” cascades and a sudden flash crash and liquidation.
Strategy thinking: The long-term bearish direction into the end of September remains unwavering. Hold on firmly to your September bearish options and your high-level short positions.
Risk-control defense: Never go out blindly trying to top-tick and buy the dip right on the eve of the crash. Stick to the established defensive plan—we’ll just wait quietly for the weekend’s “crash drama” to begin!
2. $BEAT A steady surge: the boss is still here—don’t be afraid to go up!
Next, let’s take a look at that “meme coin” $BEAT we’ve been tracking these past few days. The trend is absolutely outrageous—today it’s still continuously rallying, pushing higher and higher with strong momentum!
This completely confirms my earlier prediction— the underlying main-force “boss” hasn’t finished unloading his inventory at all! For coins with such tight control, once the boss has collected enough chips, there’s basically no hesitation about giving people who want to get on board a chance.
Trading advice: Brothers who want to get in—don’t be afraid! The boss is still strongly propping up the market and squeezing shorts into the corner. As long as there’s a pullback in the chart, bold brothers can absolutely look for an opportunity to tag along with a low-multiple long order, follow the boss, and keep eating the main surge.
Profit-taking reminder: Have the nerve to take profits; manage risk to protect your principal. If you chase, remember to set a tight, disciplined stop-loss. When it’s good, take it—be ready to take profit in batches at any time.
3. $CHZ Trash time: as long as it dares to bounce, short it straight away!
As for $CHZ this trash coin—after the World Cup hype has completely died down, the current trend is weak to the point of looking like a dead fish.
Every now and then it may have a feeble, weak bounce, but it’s nothing more than retail traders in the market and leftover speculative funds struggling in their final throes. There’s simply no institutional capital willing to step in here to provide support.
Trading idea: For CHZ, as soon as there’s any decent-looking rebound, there’s no need to hesitate—short it boldly straight away!
Its downside path is already fully opened. Every low-volume rebound is an excellent “package” the boss uses to lure longs—handing entry chips directly to the shorts.
Today’s thoughts
The weekend is coming. The risk of a big market crash is building momentum and waiting to strike. Meanwhile, the meme coins are still partying.
The essence of trading is: “Defend with the big market trend—when the meme coin dares to draw its sword.” Keep ETH locked in on the weekend’s turning-point storm; if CHZ rebounds, short it; let BEAT follow the boss to eat the meat.
Set your stop-loss, like and follow—get ready to face the weekend’s fierce volatility!
#夏日创作营