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As for gold, I don’t think now is the best time to buy. You can build a position in batches when it pulls back to around 4400–4450. Gold plunged last night, so quite a few people probably hit their stop-losses, right? $XAU
GLDX-1.03%
PAXG-0.88%
8.28 Morning ETH
Entry: Short around 2535-2555, with defense at 2575, first target 2490, second target 2460.
On the 1-hour ETH chart, the price rebounded strongly from the low of 2431, rose to around 2566 before coming under pressure and retreating, and is currently consolidating around 2508. The short-term moving averages on the hourly chart have turned downward, creating clear resistance for the price. The 2535-2555 area above is a dense zone of positions from the previous rally and retreat, containing a large number of short-term profit-taking and trapped positions, making another rejection
NVDA+1.31%
# Valuable trading insights, only for those worth it 🌿
I’ve always told the truth: trading is never a side hustle for ordinary people.
This market is built-in with a natural filtering mechanism; 90% of people’s thinking, mindset, and patience are completely incompatible with trading.
Charging in blindly, following trends to gamble, and dreaming of getting rich quick—ultimately, the market will repeatedly harvest you.
But if you’re sure you’re part of the remaining 10%,
unwilling to settle for mediocrity, willing to accumulate and spend time honing yourself,
and want to achieve long-term, stab
Bro, first take a look at today’s chart:
Market overview:
BTC 64368, +0.25%, has been ranging around 64,000 for three days
ETH 1872, +0.46%, market cap 225.7 billion U, 24h trading volume 3.98 billion
SOL 74.45, +0.72%
BNB 568.77, +0.64%
DOGE 0.0725, +4.69%
The whole market is moving lukewarmly, and only DOGE is jumping up.
Something interesting:
DOGE is up 4.69% in 24 hours, with a market cap of 11.2B U and 24h trading volume of 600 million. What does this number mean? It’s higher than the full-day trading volume of many low-cap coins.
But what’s really interesting is the K-line:
That big red
BTC-2.07%
ETH-2.37%
SOL-2.07%
BNB-1.00%
DOGE-3.78%