Coinhusays1

Break-even. Just killing time with a quick trade

Here’s a strategy: U.S. stocks still have a fairly significant impact on Bitcoin. For example, volatility tends to increase at 16:00 pre-market (4:00 p.m. Beijing time). Watch whether it moves up or down, then open a position in the same direction. For example, if it moves down today, open a short position and steadily capture 1.7 volatility units.

CSI 500 led gains at +0.90%, making it the strongest tier today: this was not merely index heavyweight support, but gains in mid-cap industry leaders (given today’s PPI data, the pro-cyclical resources/chemicals chain should be the main driver).
Technology continued to be pressured: STAR 50 led the entire market lower at -1.18%, while the ChiNext Index fell -0.48%; semiconductors and new energy weakened for a third consecutive week, remaining the main decliners.
Small-cap sentiment cooled: CSI 2000 fell -0.39%, hot-money sentiment was mediocre, and small-cap stocks did not rise across the boar

The Philadelphia Semiconductor Index and Nasdaq futures index are still holding up

Semiconductors completely wrecked my trades—they somehow turned A-shares’ T+1 into T+0.

Currently opened high and pulled back; waiting for stabilization

Daily and intraday charts are falling in sync—doesn’t even bounce once📷 📷

Yesterday’s situation: The market was supported in the morning session, then collapsed across the board in the afternoon — evolving from “heavyweights propping up the index” into “indiscriminate selling across all segments,” with tech and growth stocks as the bleeding point
Tech and growth stocks (STAR 50 / ChiNext Index) fell 3%+ in a single day; the high open in the morning was a trap, and today will typically see further momentum-driven selling. Wait for declining volume and stabilization
After a second day of low-volume declines, there will most likely be another low—don’t rush to catc

bitcoin:native With the market like this, it’s very difficult to trade. Either stay in cash and do nothing, or hold a short position with a small allocation.
At this level, it has already fallen twice before, so it’s hard to say whether it can go lower this time.
The current situation has a chance of both ranging and falling—roughly 40/60.
Choosing to do nothing and taking a break is also fine.