July 26 Trading Log

1. Ethereum ($ETH ‌): Typical weekend junk time—just hold your hands and you win
Today is July 26, Sunday.

The current market is exactly as expected: a typical weekend liquidity dead zone. “$ETH ” is stuck in this range, churning sideways in a sticky, range-bound consolidation. The bulls don’t have spot funds to push hard through resistance, and the bears haven’t yet launched a large-scale selloff.

Cycle resolve: My overall direction stays firmly bearish through the end of September—there’s no change at all. The bearish options for September 25 and the high-level short positions I hold continue to be kept securely.

Hard defense: The stop-loss remains locked at 2100, and the first downside target at 1620 stays unchanged.

Risk-control discipline: On weekends, the biggest taboo is getting restless from the grindy price action and then feeling itchy to frequently add to positions or cut orders. Hold your hands and wait for the real turn after U.S. stocks open next week.

2. Altcoin sector: Under the surface, undercurrents are building—stick to the established script and keep a close watch
$YFI : After yesterday when I told everyone to focus on it, today, as the whole market synchronously shakes out and settles, the characteristics of the dealer’s locked-in chips remain clearly visible. Keep it at the top of your watchlist and wait for the right-side confirmation signal that comes with a volume expansion breakout.

$BEAT ‌: After the earlier violent surge in the prior up-swing, it’s now doing rotation and turnover at high levels. Brothers who got on earlier—make sure you set a loss-cut at break-even or take profit in stages to lock in gains. Under no circumstances should you blindly add leverage and chase the rally amid the weekend’s lackluster liquidity.

$CHZ ‌: The trend is still weak—like a dead fish. The low-volume, barely-there rebound is purely a “welcome package” for the shorts. The approach of shorting into rebounds is carried through to the end. #夏日创作营