I’m exhausted. Good thing I closed out 90% of the position I opened catching the morning dip before going to sleep today, or I would’ve woken up bleeding again...

In December 2024, I was catching falling knives like this and lost 90% overnight. I almost got knocked out of the game. Then in February this year, I got carried away again, trying to make enough for an iPad Air. I made the money but didn’t take profits, and ended up losing enough to buy the whole Apple lineup😂. Now it’s happening again. When the first dip came this morning, I was up over 900u but didn’t get out. Then I kept trying to catch the falling knife and lost over 4,700😂. By after 2 a.m., I was so tired I could barely keep my eyes open and just couldn’t stay up anymore, so I closed out the morning position and took a 1,390 loss. I’ll wait for the next opportunity...

The Nasdaq isn’t doing well either. NK225 and the Korean index are down too, and memory stocks are down. The whole world is falling together, which is kind of nice—at least it’s fair, and crypto traders aren’t the only ones getting beaten up.

PEPE is still holding up really well. The PEPE position I opened this morning is still up over 10%. A lot of altcoins are showing signs of “not following the drop” and rallying against the trend. That’s great—it’d be a lot more fun if things could keep going like this... It’s so boring when everything goes up when BTC goes up, and everything goes down when BTC goes down.

Keep an eye on whether BTC can hold 765. The people who bought the dip around 785-787 are still trapped and haven’t been able to get out. The previous support levels have all turned into resistance, and the market needs some time to recover. There’s no point rushing.