August 7 BTC/ETH Market Daily丨The market is so quiet it makes people question everything—does the crypto market still have a future? Jiang Feng Trading Strategy Diary—Issue 23 I wonder whether everyone is still watching the market every day lately. Anyway, whenever I open the charts these days, I often have the same feeling: after looking for one minute, I want to close them. The price was at this level yesterday, and it is still at this level today; it rises a few points during the day, then falls back at night, going back and forth for hours while the account barely changes. This kind of market wears down people’s patience more easily than sharp rises and falls. To be honest, I finally understand why many people leave the market before a major move truly arrives. It is not because they are losing money, but because the market is too quiet—so quiet that they start wondering: does the crypto market have no future? Even I have been finding it somewhat difficult to write the market daily lately. Every day I open the candlestick chart, and it shows the same range, the same resistance levels, and the same support levels. It always comes back to those same few areas. I am also curious whether those who call out trades and provide passionate analyses every day are discovering new opportunities each day, or merely rephrasing yesterday’s comments and posting them again. However, I feel that the less attention, discussion, and willingness to watch the market there is during a period like this, the more I believe a major move may be getting closer. Historically, major volatility has often emerged after extreme calm. The current market is like the final tranquility before a storm. Although the direction has not fully emerged yet, I personally believe the next month or two could very well be an important turning-point window for the entire market. So, if you have held on this long, perhaps be a little more patient. The short strategy given in Issue 22 is still in a state of holding a small unrealized loss. It is not that the strategy has failed; rather, the market’s moves have been too small, and the take-profit levels are always just slightly out of reach before the price is pulled back. Judging from the current charts, the resistance above remains evident, and bearish pressure has not truly been broken through. Therefore, my approach has not changed for now: continue to focus on shorting at rebound highs. If the previous short position has been added to according to plan, the average entry price of the overall position is now basically close to the current price, so you can continue holding patiently. Those with lighter positions can follow today’s new strategy and participate in batches with small positions. Heavy positions are not recommended, and definitely do not go all in. I will not overanalyze today and will share my trading plan directly. 🚀 August 7 BTC/ETH Market Strategy—Issue 23: The short-at-rebound-high approach remains unchanged 🚨 The overall market remains relatively weak, with prices continuing to move back and forth within the range. The key resistance above has still not been effectively broken through, so we are maintaining the approach of shorting at rebound highs. However, a reminder: opportunities exist, but positions must be light. 📌 Ethereum (ETH) Initial short around 1935～1950, add to the short around 2008 🏁 First target: 1860～1830 🏁 Second target: 1800 🏁 Third target: 1770～1730 🏁 Fourth target: 1700～1666 📌️ Bitcoin (BTC) Initial short around 65000～65700, add to the short around 66000～66666 Final line of defense around 68000～68500 🏁 First target: 64000～63300 🏁 Second target: 62300～61300 🏁 Third target: 60500～59500 ⚠️ Risk warning: Trading has never been about who makes money faster, but about who survives longer. Control your position size, reject heavy positions and going all in, and participate in batches with light positions. Only by making steady progress can you go further. All the targets above are support zones; please take profits in batches based on your own position size and risk tolerance! #MoonshotAIPreIPOs开启 #宇树发行价150.80元中一签能赚多少 #非农之夜定涨跌方向 #股票交易分享挑战 $BTC $ETH ‌

Erbing delivered perfectly, Zhiying—your Fei-ge is just this accurate, this reliable. He never gives changing directions; he makes the direction crystal clear that very day. Just follow it and you can take off!!! $ETH #MoonshotAIPreIPOs开启

$ETH $ETH family, the bill has been delayed again! ETH is still consolidating around $1,900 Ethereum continues to consolidate around $1,900—the catalyst everyone was waiting for simply never arrived. The U.S. Senate postponed the CLARITY Act vote until after the September recess, reducing the probability of passage in 2026 to just 23%. Bernstein warned that if there is no progress before the August recess, it could trigger a sell-off, but also expects a bottom to form between late Q3 and early Q4. On the chart, ETH briefly fell below $1,900 before recovering slightly. **$1,990** is the resistance zone, with approximately $770M in short liquidations above it, while **$1,816** is the bulls’ last line of defense. Volatility is extremely low, and the direction remains unclear. **Don’t expect any major moves before September—ETH will likely continue range-bound trading around $1,900.** A breakout above $1,990 supported by volume would signal strength; a break below $1,816 calls for caution. The longer the grind, the bigger the breakout—but now is not the time to go all-in.