🧵 11 — "Breakouts are a trap (most of the time)"
1/
Most traders lose money on breakouts.
Not because breakouts don’t work…
But because they enter at the wrong time.
Let’s break it down 👇
2/
What retail sees:
“Price broke resistance → BUY”
What actually happens:
Liquidity gets taken → price reverses
That “breakout” is often just a liquidity grab.
3/
🔍 Why this happens:
Markets move from liquidity → liquidity
Above resistance =
Stop losses
Late breakout buyers
That’s fuel.
4/
📉 Classic trap setup:
Clean resistance (everyone sees it)
Multiple touches
Tight range below
This builds liquidity a

🔥Free single within the day 👇
🔥Number of long positions to open (for the second open unit + empty unit + take-profit unit, see the pinned subscription post; both long/short spot layouts are shown in the pinned post)
===========
Around 61,850 – around 61,550, 60,150
Around 1,835 – around 1,815, loss 1,770
#长鑫开盘跌7.7%

#SummerCreationCamp
Summer Creation Camp: Create Knowledge, Inspire the Community
The digital economy is driven by innovation, but lasting influence is built through knowledge. Summer Creation Camp is more than a content campaign—it's an opportunity for creators to transform research, ideas, and market insights into valuable educational content that benefits the global crypto community.
Whether you specialize in cryptocurrency, blockchain, AI, DeFi, Web3, or macroeconomic analysis, every well-researched article helps readers understand complex topics and make more informed decisions. In a wor

That part of the market action was really torturous. The price stayed sideways at a high level—on the surface, it looked like it was going to keep pumping, but in reality, every time it surged up, it got smashed back down. Back then, I didn’t rush to chase longs. I was focusing on whether the bid-side support could keep up. After waiting through a few rounds, the answer became clearer and clearer.
Starting around 0.0197, the order book kept showing spikes followed by pullbacks. The buy side looked lively, but the real strength to take and hold just wasn’t enough. What was hardest to deal with

In the era of digital asset consumption, cashback may become a core point of competition
As digital asset payment applications continue to mature, GateCard has launched a consumer cashback campaign of up to 8%, showing that the platform is enhancing product competitiveness through rights and benefits operations. In traditional financial markets, credit card cashback and points redemption have long been established models, and digital asset platforms are now starting to borrow this approach to build a more complete consumption ecosystem.
For users, cashback means that every purchase can generat

$ETH got rejected at the resistance zone again
Now, $1,880–1,900 becomes the key demand zone to watch.
If buyers defend this area, #ETH can make another attempt at the $1,950 resistance.
If $1,880 fails to hold, expect another retest of the $1,840 support zone.
#SummerCreationCamp

Gate ETF launches new: $CXMT (Longsys), $MSFT (Microsoft)
🔹 Trading pairs: #CXMT3L / $USDT, #MSFT3L / $USDT and 2 other ETF trading pairs
🔹 Trading time: 2026年7月28日15:00 (UTC+8)
🔹 Supports 3x leverage long and short, for more flexible trading
Trading:
https://www.gate.com/zh/trade/CXMT3L_USDT
https://www.gate.com/zh/trade/CXMT3S_USDT
More: https://www.gate.com/zh/announcements/article/100858

Korean stocks plunge 8%, ChangXin tops the A-share charts on its first day
In 48 hours, global storage assets complete a price-reset
ChangXin surges 465% on the first day, with single-day trading volume of 140 billion yuan. For the first time in A-share history, a single stock breaks 32.8k yuan in one day. This shows how urgent the market is in pricing this matter. 5.4x on-chain before the market opens, 5.66x at the close—this is not retail speculation, but institutions seriously setting a price for it
Then the shockwave hits
US storage first drops: SanDisk falls 11%, and Micron faces the same

SNDK
①From the 1h/2h timeframe, tonight and tomorrow night should see some buildup of short-term rebound demand. On the daily (1D) timeframe, the probability that it will test MA120 and then directly break down, breaking below 1000 with a high-volume selloff, is not very high.
②With the 1200 integer level as the boundary, you can keep watching for the next 24-48 hours. If it manages to stabilize consecutively, it shouldn’t be difficult to take a quick bet on a bounce back with a range of dozens to hundreds of dollars.
③On the medium-to-long-term level, there’s still no bottoming signal. In the

#KOSPIPlunges9%
KOSPI Plunges 9% — South Korean Markets Face Heavy Selling Pressure
Asian financial markets experienced significant turbulence as the KOSPI Index plunged 9%, marking one of the sharpest declines seen in recent years. The dramatic selloff triggered widespread concern among investors, raising questions about market stability, economic growth prospects, and the broader outlook for global equities.
The KOSPI, South Korea's benchmark stock index, serves as a key indicator of the country's economic health and investor sentiment. A decline of this magnitude reflects intense risk aver

✅ $ESP ‌ This batch of short positions cures the “buy-the-dip mentality”! +1138.27%
From the peak at 0.12148, it plunged relentlessly all the way down—0.09807 was precisely shorted, and 50x leverage directly took off.
📌 Next:
1️⃣ Take profit at 80%, don’t let the rebound steal away your gains;
2️⃣ Hold the remaining 20%, and move the stop-loss up to the entry cost price.
If you didn’t get on board, don’t rush—next time, don’t catch the flying knife halfway up the mountain 🔔
$BTC $ETH #明尼苏达预测市场禁令被叫停

BTC started dumping at 7:00 this morning, directly breaking through the POC (price point of control/chip concentration area) that had been holding up for the past two days.
With this move, the situation changes in nature—what used to be support (the POC) becomes resistance/pressure. Anyone who entered at this level has now turned into stuck positions. Next, if there’s a rebound back near the POC, the first reaction from these longs will be “finally out of the bag, let’s run,” so this zone will form fresh sell pressure.
In other words, the POC becomes a graveyard for longs. After that, if a reb

Around 0.618, you can try a rebound—i.e., around 61,800-62,000.
In July, the long side rebounded strongly with heavy volume three times, and all of them were around 0.618. Set a stop-loss at 61,000.

#MinnesotaPredictionMarketBanBlocked Minnesota Blocks Prediction Market Ban: A Defining Moment for Innovation, Crypto, and the Future of Digital Finance
Regulatory decisions often shape the future of entire industries, and Minnesota's decision to block an attempt to ban prediction markets has quickly become one of the most important discussions across financial technology, blockchain, and cryptocurrency communities.
Although the decision applies to a single U.S.
state, its significance reaches far beyond regional borders because it reflects a broader conversation about how governments shoul

This time I didn’t chase right at the moment when the drop was the sharpest. Instead, I waited until the price first managed to build up bullish sentiment. Around 76861.4, it made several consecutive upward pushes; it looked strong, but each time it lacked sustained follow-through. That’s exactly what I was watching, so I wasn’t thrown off by the surface-level pump.
The sell-off after the spike in the middle was especially clear. At first, there were people chasing longs, but not long after, selling pressure came down on it. To be honest, when I saw the price bounce briefly, I also had doubts—

$SNXX BASE RECOVERY DEVELOPING, REVERSAL ATTEMPT UNDERWAY
Long #SNXXUSDT
Entry: 10.18–10.32
SL: 9.89
TP1: 10.50
TP2: 10.71
TP3: 11.00
Price swept 9.92 and is now building a rounded recovery with improving short-term structure. Holding above 10.18 would protect the new higher low and support a move into the 10.50–10.71 resistance zone.
Add Trade $SNXX Here.#Write2Earn #TradingSignals #Suleman特币 $SNXX ‌

The day before yesterday I wrote about deepseek, and yesterday I wrote about kimi—both articles were completely deleted.
Now are domestic language models not allowed to be mentioned? And they didn’t even say anything bad—are we not allowed to praise them either?

James slashed his salary by 97% to join the Philadelphia 76ers,
dragging down Philadelphia’s semiconductor valuation—
and it’s all tm blaming James.