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$WMT
Earnings report released, same-store sales growth in the US region only 2.6%, the slowest since the pandemic. Although revenue and EPS exceeded expectations and the full-year guidance was raised, the Q3 outlook is weak. The pharmacy segment was dragged down by healthcare price cuts, and the market responded decisively.
The result was a sharp plunge, dropping from around 114 at yesterday's close straight down to about 103 at the open, a decline of over 9%, with volatility driven entirely by this earnings sentiment.
Current market: Clearly a gap down open followed by continued decline, volume increased, short-term bears dominating. Price broke below the previous consolidation range lower boundary, short-term MAs all showing death crosses pressing down, no clear sign of a bottom yet.
If the rebound fails to surpass the previous low, it will likely continue to probe for support; but the sharp drop could also trigger a technical bounce.
Personal strategy: short position
Light short positions near the 107 range (do not chase the drop, wait for a rebound to resistance for a safer add).
Stop loss set near 112 (if broken, admit the mistake and exit).
Take profit in batches: exit part at 102, leave the rest around 96-98.
Keep position size moderate; although stock contract volatility is not as crazy as meme stocks, sentiment after earnings may cause another drop.
Watch the market yourself, this is not investment advice, have fun trading~📉
magma-finance:native
Currently around 0.23-0.24, still +30%+ in 24H, the remaining wave of the main upward surge
The community is basically traders shouting signals; some who went long around 0.17 have already gained +40%. Now at the high level, some are starting to call for shorts, OI has clearly risen, volume has also expanded, purely a capital-driven speculative market with no fundamental catalysts.
Market situation (1H/4H):
This wave surged directly from the low with a big bullish candle, volume exploded, a typical momentum market. Now at the high level, it’s starting to consolidate with more upper and lower shadows; 1H has seen several pullbacks after spikes, RSI is clearly overbought (short-term overheating), MACD bars are shrinking, volume and price are somewhat diverging, price is still fluctuating at a high level but the buying pressure chasing the highs is not as strong as before. On 4H, it looks like it’s testing the resistance zone near previous highs, with a small support around 0.22 below, and further down a dense zone at 0.20-0.21.
Overall structure is still strong, but after short-term overbought conditions, a 15-30% correction to digest floating positions is very likely.
Capital side: Futures trading volume has surged, open interest is rising, indicating some are leveraging up to chase longs, while others are positioning shorts at highs. This kind of pure pump altcoin perpetual contract is most prone to quickly giving back half of its gains when there’s no new story.
Personal operation: Short
Currently around 0.235, you can open a light short position directly or wait for a rebound to the first resistance level to add.
- First resistance: 0.245 (near recent highs)
- Second resistance: 0.255
- Third resistance: 0.27
Stop loss: 0.270 (if broken, it means momentum will continue upward, cut immediately)
Take profit: first look at 0.20, then 0.175, final target near 0.12 (roughly giving back more than half of this wave’s gains).
Take profits in batches, don’t be greedy. Keep position size within 5% of total capital, leverage not too high (5-10x is about right), strict stop loss.
If 1H breaks below 0.22 support, the bears will have an easier time. DYOR~
X Layer RWA ecosystem incentives are kicking off~
Not just ordinary liquidity mining, this time it's comprehensive coverage.
RWA + stablecoins are the foundation, RWA + ecosystem tokens are the flywheel, real capital flow and trading heat can directly become the driving force for RWA to break out.
Plus a bunch of DApps connecting recently, and amazing creative ideas to be unveiled at the hackathon...
A total of $5 million in ecosystem incentives is being dropped, with the first round releasing $300,000:
RWA + stablecoins $200,000
RWA + ecosystem tokens $100,000
Previously, X Layer mostly focused on new launches and volume boosting, now it directly ties RWA, Meme, and on-chain applications together to feed each other. This layout seriously aims to make RWA a phenomenal success.
Waiting for the official announcement of eligible pools, get your wallets and some gas ready, let's be the first batch to take the lead~ @misaENFP @XLayerOfficial


He's here, he's here
X Layer is bringing up to $5 million in RWA
ecosystem liquidity incentives!!!
Misa will explain it all
Users who provide on-chain liquidity for officially announced RWA (Real World Asset) trading pairs and generate real fees have the chance to share rewards.
First round prize pool: $300,000
💰RWA + Stablecoins $200,000💰
RWA + Ecosystem tokens $100,000
How to participate~
Steps for regular users:
① Prepare a Web3 wallet that supports X Layer and a small amount of network fees
② Wait for the official announcement of eligible assets and trading pairs
③ Enter the corresponding liquidity pool via the official entry
④ Deposit the two paired assets to create an LP position
⑤ Maintain valid liquidity and generate fees
⑥ Check and claim rewards on the investment details page
Note: You cannot earn rewards by just adding any LP; it must be an officially announced qualified liquidity pool.
Part One: RWA + Stablecoin trading pairs
▪️ Prize pool: $200,000
▪️ Eligible assets announced on August 24 (UTC+8)
▪️ Event duration: 2 weeks
▪️ Rewards updated hourly and claimable on the investment details page
▪️ Rewards calculated based on your share of fee income relative to total fee income
▪️ The page shows APY up to 1000%, but actual returns will fluctuate dynamically
Part Two: RWA + Ecosystem token trading
▪️ Prize pool: $100,000
▪️ Duration: August 26 – September 2 (UTC+8)
▪️ Liquidity pools must be deployed on Uniswap V2, V3, or V4
▪️ Pairs must include RWA assets
▪️ Rewards distributed in stablecoins via hourly snapshots
▪️ Only LP providers who actually generate fees can receive rewards
Specific trading pairs will be announced on August 26
Tips:
To increase your chances of earning rewards, the key is not volume chasing but
✅ Only participate in officially announced qualified pools
✅ Ensure liquidity remains valid and generates fees
✅ Check the investment details page and official announcements promptly
✅ Do not engage in wash trading, related address volume manipulation, or data manipulation
Adding liquidity involves impermanent loss, token price volatility, and contract risks; the highest APY does not guarantee fixed returns. Please participate according to your risk tolerance.
Click for event details~
#XLayer #RWA #DeFi #OKXWallet
magma-finance:native
Currently around 0.23-0.24, still +30%+ in 24H, the remaining wave of the main upward surge
The community is basically traders shouting signals; some who went long around 0.17 have already gained +40%. Now at the high level, some are starting to call for shorts, OI has clearly risen, volume has also expanded, purely a capital-driven speculative market with no fundamental catalysts.
Market situation (1H/4H):
This wave surged directly from the low with a big bullish candle, volume exploded, a typical momentum market. Now at the high level, it’s starting to consolidate with more upper and lower shadows; 1H has seen several pullbacks after spikes, RSI is clearly overbought (short-term overheating), MACD bars are shrinking, volume and price are somewhat diverging, price is still fluctuating at a high level but the buying pressure chasing the highs is not as strong as before. On 4H, it looks like it’s testing the resistance zone near previous highs, with a small support around 0.22 below, and further down a dense zone at 0.20-0.21.
Overall structure is still strong, but after short-term overbought conditions, a 15-30% correction to digest floating positions is very likely.
Capital side: Futures trading volume has surged, open interest is rising, indicating some are leveraging up to chase longs, while others are positioning shorts at highs. This kind of pure pump altcoin perpetual contract is most prone to quickly giving back half of its gains when there’s no new story.
Personal operation: Short
Currently around 0.235, you can open a light short position directly or wait for a rebound to the first resistance level to add.
- First resistance: 0.245 (near recent highs)
- Second resistance: 0.255
- Third resistance: 0.27
Stop loss: 0.270 (if broken, it means momentum will continue upward, cut immediately)
Take profit: first look at 0.20, then 0.175, final target near 0.12 (roughly giving back more than half of this wave’s gains).
Take profits in batches, don’t be greedy. Keep position size within 5% of total capital, leverage not too high (5-10x is about right), strict stop loss.
If 1H breaks below 0.22 support, the bears will have an easier time. DYOR~
$TSLA
Tonight, the intraday surge was driven by news, catalyzed by the Cybercab plan to launch manned operations in Austin this month, combined with Semi securing large orders, fueling capital speculation on Robotaxi commercialization expectations.
The market had undergone a thorough washout with consecutive small declines earlier, clearing floating positions. There was continuous net capital inflow during the day, strong support on the moving average during pullbacks, no deep sell-offs, fully opening a short-term bullish trend. Volume and price coordination is healthy, rebound momentum continues to release, representing a strong market driven by news catalyst plus bullish market resonance. Short-term bullish sentiment has completely warmed up.
Personal operation: Long
Entry price: 343
Stop loss: 336
First take profit: 354 (short-term intraday resistance, take partial profits)
Second take profit: 366 (core resistance for the wave, take most profits)
Third take profit: 378 (high point range of this rebound, clear all positions)
Be cautious with chasing highs, manage position risk, profits and losses are your own responsibility, DYOR~
The core driver of the overnight cross-asset market remains the U.S. Treasury's increase in long-term government bond repurchase scale, leading to a decline in long-term bond yields and a weaker dollar, which in turn drives the linkage among major assets.
On the U.S. stock side, the three major indices closed slightly higher, overall halting the decline and stabilizing, but sector divergence is very evident.
Moderna, together with Merck, met the Phase 3 data for cancer treatment, causing Moderna $MRK to surge 13% in a single day, directly boosting the biopharmaceutical sector;
On the other hand, previously hot storage and optical module hardware stocks faced profit-taking, with Seagate, Western Digital, and Lumentum plunging. Tech giants showed mixed gains and losses, Nvidia closed slightly down, Tesla and Apple closed up, and the market is still waiting for the FOMC minutes to set the pace for rate cuts.
- Gold: Benefiting from the decline in U.S. Treasury yields, bulls concentrated their entry, spot gold surged sharply, reaching near $4530 at the highest, with a single-day increase of over 4%, breaking the recent consolidation range.
- Crypto: BTC surged past $70,000, ETH was even more outrageous, rising 17%, with a large number of short positions liquidated within 24 hours fueling the rally. Besides improved liquidity expectations, the implementation of "Crypto Asset Regulatory Rules" and the exemption for small token issuances bring compliance certainty to the industry; rumors say Trump urged "Buy all crypto assets" in an internal group, which is a real insider scoop.
The market source is fiscal intervention in the bond market, with funds fleeing some AI hardware and flowing into pharmaceuticals, gold, and crypto assets.
Going forward, focus on changes in long-term U.S. Treasury yields and the interest rate signals released by the FOMC meeting minutes.
Last night, the US stock market weakened overall, with the major indices falling for three consecutive days and a very clear sector divergence.
The overall index only slightly pulled back, but high-level AI tech stocks were clearly under pressure, showing a collective decline. This is mainly because, before Nvidia's earnings report, market funds actively chose to hedge and take profits at high levels.
The storage sector led the adjustment this time, with SanDisk dropping over 9% and Micron down 7%, which is a normal profit-taking by funds at high levels.
Currently, Micron and SK Hynix's HBM4 mass production iteration is progressing smoothly, capable of supporting the new generation AI platforms. Coupled with the continuous implementation of AI agents and large models driving hardware demand expansion, the storage sector's long-term fundamentals remain solid. The short-term is just a correction in sentiment and chip positioning.
The current macro environment is very divided, not entirely bearish but continuously suppressing the tech stock market:
- Positive side: Overall import and export prices slightly declined, fuel prices dropped, easing short-term inflation pressure
- Negative side: Excluding fuel, semiconductor and capital goods prices are still rising; oil prices remain volatile at high levels, making inflation hard to cool down completely
- Core suppression: US Treasury yields remain high, continuously compressing the valuation space of high-valued AI stocks
Tonight, the focus is on the Federal Reserve meeting minutes. Don’t get stuck on a simple hawkish or dovish stance; the core is how the Fed weighs oil prices, inflation, and interest rate paths, which directly determines the future valuation flexibility of tech stocks.
🔍 Before Nvidia’s earnings report, the market enters a wait-and-see game
Before Nvidia’s earnings release on August 26, the market is basically in a wait-and-see mode. Meeting expectations alone can’t support high valuations; only exceeding expectations can boost the market:
- Revenue: Can it surpass the guidance midpoint of 91 billion?
- Gross margin: Can it maintain the core level of 75%?
- Networking business: Can the high growth trend continue (AI cluster demand)?
- Product iteration: Is the transition between new and old platforms smooth, with no capacity or delivery bottlenecks?
- Profit quality: Free cash flow and the real return rate on customers’ AI investments
📈 Yushu Technology IPO
Yushu Technology opened at 1100 in the bidding, with a profit of about 400,000 after deducting new share costs for one lot. The current quote is 893, with a profit of 300,000 per lot—envy... anxiety...
$SNDK
$TSLA
Tonight, the intraday surge was driven by news, catalyzed by the Cybercab plan to launch manned operations in Austin this month, combined with Semi securing large orders, fueling capital speculation on Robotaxi commercialization expectations.
The market had undergone a thorough washout with consecutive small declines earlier, clearing floating positions. There was continuous net capital inflow during the day, strong support on the moving average during pullbacks, no deep sell-offs, fully opening a short-term bullish trend. Volume and price coordination is healthy, rebound momentum continues to release, representing a strong market driven by news catalyst plus bullish market resonance. Short-term bullish sentiment has completely warmed up.
Personal operation: Long
Entry price: 343
Stop loss: 336
First take profit: 354 (short-term intraday resistance, take partial profits)
Second take profit: 366 (core resistance for the wave, take most profits)
Third take profit: 378 (high point range of this rebound, clear all positions)
Be cautious with chasing highs, manage position risk, profits and losses are your own responsibility, DYOR~
$XAU
The 8.18 long-term US Treasury yield surged, with the 30-year hitting a 20-year high of 5.33%, putting pressure on gold which dipped to 4360, experiencing a sharp drop during the day.
Today, yields retreated and the dollar weakened, combined with the US Treasury raising the long-term bond repo scale to 4 billion, improving liquidity expectations, causing gold to violently rebound to 4470.
Core logic for August: Non-farm payrolls missed expectations, inflation is moderate, the probability of a Fed rate hike in September is decreasing, combined with central banks continuously increasing gold holdings.
This rebound is mainly catalyzed by bond market stabilization and repo benefits.
Technically, gold price shows a deep V reversal, breaking through the 4450 resistance with volume, moving averages are bullish, indicators are not yet seriously overbought. Strong support at 4400, deeper support at 4320-4350; resistance at 4480-4500, with upside targets at 4520-4550.
Pay close attention to the Fed's July meeting minutes tonight; a hawkish tone may trigger a short-term pullback. The overall trend is bullish, with rising volatility favoring swing trading; avoid chasing highs.
Personal view: Long position
Current price 4450-4465, light position to test long
Stop loss: 4415
Take profit: 4500 (reduce half position) → 4530 → 4560
After reaching the first take profit, move stop loss to breakeven, then adjust position according to the meeting minutes.
Trade at your own risk!
$XAU
The 8.18 long-term US Treasury yield surged, with the 30-year hitting a 20-year high of 5.33%, putting pressure on gold which dipped to 4360, experiencing a sharp drop during the day.
Today, yields retreated and the dollar weakened, combined with the US Treasury raising the long-term bond repo scale to 4 billion, improving liquidity expectations, causing gold to violently rebound to 4470.
Core logic for August: Non-farm payrolls missed expectations, inflation is moderate, the probability of a Fed rate hike in September is decreasing, combined with central banks continuously increasing gold holdings.
This rebound is mainly catalyzed by bond market stabilization and repo benefits.
Technically, gold price shows a deep V reversal, breaking through the 4450 resistance with volume, moving averages are bullish, indicators are not yet seriously overbought. Strong support at 4400, deeper support at 4320-4350; resistance at 4480-4500, with upside targets at 4520-4550.
Pay close attention to the Fed's July meeting minutes tonight; a hawkish tone may trigger a short-term pullback. The overall trend is bullish, with rising volatility favoring swing trading; avoid chasing highs.
Personal view: Long position
Current price 4450-4465, light position to test long
Stop loss: 4415
Take profit: 4500 (reduce half position) → 4530 → 4560
After reaching the first take profit, move stop loss to breakeven, then adjust position according to the meeting minutes.
Trade at your own risk!
ethereum:0xeb964a1a6fab73b8c72a0d15c7337fa4804f484d
Recently, the official updates have been the usual Midweek with Max updates, ecosystem gaming shares, governance progress, etc., with no explosive big news or direct bullish triggers.
Community sentiment is mainly driven by AiCoin trending in the top five searches, social media FOMO, a surge in derivatives open interest + short squeezes, purely hype and capital chasing the rally causing volatility, with no fundamental project catalysts.
Looking directly at the chart, the current price is around 0.0085, having risen from a 24h low of 0.0064 to a high of 0.00908, an increase of over 25-30%, with explosive volume growth. Futures volume is several times that of spot:
A typical small-cap capital relay with aggressive buying. Starting from the bottom area of 0.0045-0.005 in mid-August, it first exploded over 60% on August 15-16, then continued to surge with volume from the 17th to 19th, with consecutive large bullish candles, short-term moving averages all golden-crossing upwards, and volume/market cap ratio frighteningly high (several hundred percent), indicating frantic speculation by hot money.
But there are obvious issues: RSI has reached over 70 in the overbought zone, the upper Bollinger Band has been forcibly broken, open interest has soared while the long-short ratio has violently switched (previously short positions were squeezed), this structure is prone to a quick pullback "pump and dump".
Overall still in an upward channel, but short-term overheated; if volume does not keep up, it can easily retest the previous high concentration area.
Mid-term outlook remains relatively strong (more independent than BTC), as long as key support is not broken, it can survive, but currently it looks more like a consolidation phase after a rally.
Personal operation: short
Chasing longs at this position is too risky, short on pullbacks to take profits.
- Entry point: short near the 0.0085 range (preferably wait for a rebound near today's high or a slight new high, confirming upper wick/volume stagnation)
- First resistance: 0.0095
- Second resistance: 0.0100
- Third resistance: 0.0105-0.011
- Stop loss: 0.0104, exit if broken
- Take profit: first target 0.0075, second 0.0065, third around 0.0055
Position size 3-5% of total capital, set conditional orders to run automatically.
If it breaks below 0.0075 with acceleration, add to position; exit if rebound breaks stop loss.
Purely technical play, pay attention to overall market sentiment; a big BTC drop will amplify downside.
DYOR, contracts carry risk!
ethereum:0xeb964a1a6fab73b8c72a0d15c7337fa4804f484d
Recently, the official updates have been the usual Midweek with Max updates, ecosystem gaming shares, governance progress, etc., with no explosive big news or direct bullish triggers.
Community sentiment is mainly driven by AiCoin trending in the top five searches, social media FOMO, a surge in derivatives open interest + short squeezes, purely hype and capital chasing the rally causing volatility, with no fundamental project catalysts.
Looking directly at the chart, the current price is around 0.0085, having risen from a 24h low of 0.0064 to a high of 0.00908, an increase of over 25-30%, with explosive volume growth. Futures volume is several times that of spot:
A typical small-cap capital relay with aggressive buying. Starting from the bottom area of 0.0045-0.005 in mid-August, it first exploded over 60% on August 15-16, then continued to surge with volume from the 17th to 19th, with consecutive large bullish candles, short-term moving averages all golden-crossing upwards, and volume/market cap ratio frighteningly high (several hundred percent), indicating frantic speculation by hot money.
But there are obvious issues: RSI has reached over 70 in the overbought zone, the upper Bollinger Band has been forcibly broken, open interest has soared while the long-short ratio has violently switched (previously short positions were squeezed), this structure is prone to a quick pullback "pump and dump".
Overall still in an upward channel, but short-term overheated; if volume does not keep up, it can easily retest the previous high concentration area.
Mid-term outlook remains relatively strong (more independent than BTC), as long as key support is not broken, it can survive, but currently it looks more like a consolidation phase after a rally.
Personal operation: short
Chasing longs at this position is too risky, short on pullbacks to take profits.
- Entry point: short near the 0.0085 range (preferably wait for a rebound near today's high or a slight new high, confirming upper wick/volume stagnation)
- First resistance: 0.0095
- Second resistance: 0.0100
- Third resistance: 0.0105-0.011
- Stop loss: 0.0104, exit if broken
- Take profit: first target 0.0075, second 0.0065, third around 0.0055
Position size 3-5% of total capital, set conditional orders to run automatically.
If it breaks below 0.0075 with acceleration, add to position; exit if rebound breaks stop loss.
Purely technical play, pay attention to overall market sentiment; a big BTC drop will amplify downside.
DYOR, contracts carry risk!
$PRL
Pulled directly from 0.29 up to around 0.4662, now stuck oscillating near 0.4513.
On the news front, there haven't been any fresh major moves or sudden positive catalysts recently; it's basically pure market funds driving + AI narrative hype keeping it alive, with a noticeable increase in trading volume. The main force is taking a breather after pushing the price higher.
Market: On the 1h chart, it has steadily risen from the bottom at 0.2940 with a few decent pullbacks that were quickly recovered, maintaining an overall bullish structure. The recent volume has coordinated well, breaking through the previous high to 0.4662, then pulling back to consolidate.
Currently, the price is sideways around 0.45, with clear resistance above (0.46-0.466) and support initially near 0.42. The volume peak has passed, showing some short-term stagnation, likely to shake out before deciding the next direction. The order book is quite thick on both buy and sell sides, but sell orders are more concentrated above, so beware of false breakouts.
Overall, this is a typical pullback after a rally; funds are still present, but chasing higher carries significant risk. No obvious negative news seen, so if the pullback is sufficient, it can continue to push higher, but the current level is relatively high.
Trading advice: Short
Currently oscillating at a high level, prioritize waiting for a rebound to short, maximizing risk-reward ratio.
- Entry: Short in batches within 0.455-0.462 range (first resistance 0.46, second 0.466)
- Stop loss: 0.525 (about 15% roughly; if broken, it indicates a real continuation upward)
- Take profit targets:
- First target 0.42 (support level)
- Second 0.40
- Third near 0.38 (looking further down to 0.36)
- Specific operation: Light short positions near 0.458-0.46 on rebound, add positions if it breaks below 0.45, strictly follow stop loss.
Keep position size moderate, leverage recommended within 5-10x, set conditional orders properly.
Remember, contracts carry risk, stop loss must be set, don’t hold on stubbornly.
This is just a market view, not investment advice, DYOR!
Market conditions can change anytime, watch volume and breakout situations.🚀 #Prep
Last night, the US stock market weakened overall, with the major indices falling for three consecutive days and a very clear sector divergence.
The overall index only slightly pulled back, but high-level AI tech stocks were clearly under pressure, showing a collective decline. This is mainly because, before Nvidia's earnings report, market funds actively chose to hedge and take profits at high levels.
The storage sector led the adjustment this time, with SanDisk dropping over 9% and Micron down 7%, which is a normal profit-taking by funds at high levels.
Currently, Micron and SK Hynix's HBM4 mass production iteration is progressing smoothly, capable of supporting the new generation AI platforms. Coupled with the continuous implementation of AI agents and large models driving hardware demand expansion, the storage sector's long-term fundamentals remain solid. The short-term is just a correction in sentiment and chip positioning.
The current macro environment is very divided, not entirely bearish but continuously suppressing the tech stock market:
- Positive side: Overall import and export prices slightly declined, fuel prices dropped, easing short-term inflation pressure
- Negative side: Excluding fuel, semiconductor and capital goods prices are still rising; oil prices remain volatile at high levels, making inflation hard to cool down completely
- Core suppression: US Treasury yields remain high, continuously compressing the valuation space of high-valued AI stocks
Tonight, the focus is on the Federal Reserve meeting minutes. Don’t get stuck on a simple hawkish or dovish stance; the core is how the Fed weighs oil prices, inflation, and interest rate paths, which directly determines the future valuation flexibility of tech stocks.
🔍 Before Nvidia’s earnings report, the market enters a wait-and-see game
Before Nvidia’s earnings release on August 26, the market is basically in a wait-and-see mode. Meeting expectations alone can’t support high valuations; only exceeding expectations can boost the market:
- Revenue: Can it surpass the guidance midpoint of 91 billion?
- Gross margin: Can it maintain the core level of 75%?
- Networking business: Can the high growth trend continue (AI cluster demand)?
- Product iteration: Is the transition between new and old platforms smooth, with no capacity or delivery bottlenecks?
- Profit quality: Free cash flow and the real return rate on customers’ AI investments
📈 Yushu Technology IPO
Yushu Technology opened at 1100 in the bidding, with a profit of about 400,000 after deducting new share costs for one lot. The current quote is 893, with a profit of 300,000 per lot—envy... anxiety...
$SNDK
Last night, the US stock indices dipped slightly, with market funds rotating internally, pulling out from the previously concentrated AI heavyweights and clustering towards upstream hardware.
July retail data fell short of expectations, rate cut expectations continued to cool, and the 30-year US Treasury yield touched multi-year highs. This long-term interest rate is the core variable weighing on high-valuation growth stocks. The US dollar weakened slightly, while precious metals and crude oil rose accordingly.
1. The storage sector showed the most strength, with Kioxia ADR +13.2%, SanDisk SNDK +8.7%, WDC +5.1%, MU +4.2%, Seagate STX +5.0%, these stocks rallied with increased volume;
2. Optical communications followed suit, Coherent +7.8%, Lumentum +4.6%, showing independent momentum;
3. Additionally, crypto chain stocks also rebounded, MSTR +7.19%, strengthening alongside Bitcoin, COIN +4.88%, with continuous inflows into spot ETFs.
Previously leading AI software stocks saw profit-taking, with Meta and Microsoft leading the pullback, regional banks also weakened, funds concentrated in a few main themes, with most stocks missing participation opportunities.
$SPCX +4.5%, rating upgrades drove the rebound, inching closer to breaking even 🤡
▶️ Tomorrow, August 19, Yushu Technology officially lists on the STAR Market.
Changxin hit a new historical high again yesterday, continuously boosting sentiment for hard tech on the STAR Market, which will also bring direct sentiment premium expectations for Yushu’s listing. Currently, Yushu’s contract price is around $UNTREE $98, with over 4 times the winning rate, earning about 300,000 per lot 😱
$PRL
Pulled directly from 0.29 up to around 0.4662, now stuck oscillating near 0.4513.
On the news front, there haven't been any fresh major moves or sudden positive catalysts recently; it's basically pure market funds driving + AI narrative hype keeping it alive, with a noticeable increase in trading volume. The main force is taking a breather after pushing the price higher.
Market: On the 1h chart, it has steadily risen from the bottom at 0.2940 with a few decent pullbacks that were quickly recovered, maintaining an overall bullish structure. The recent volume has coordinated well, breaking through the previous high to 0.4662, then pulling back to consolidate.
Currently, the price is sideways around 0.45, with clear resistance above (0.46-0.466) and support initially near 0.42. The volume peak has passed, showing some short-term stagnation, likely to shake out before deciding the next direction. The order book is quite thick on both buy and sell sides, but sell orders are more concentrated above, so beware of false breakouts.
Overall, this is a typical pullback after a rally; funds are still present, but chasing higher carries significant risk. No obvious negative news seen, so if the pullback is sufficient, it can continue to push higher, but the current level is relatively high.
Trading advice: Short
Currently oscillating at a high level, prioritize waiting for a rebound to short, maximizing risk-reward ratio.
- Entry: Short in batches within 0.455-0.462 range (first resistance 0.46, second 0.466)
- Stop loss: 0.525 (about 15% roughly; if broken, it indicates a real continuation upward)
- Take profit targets:
- First target 0.42 (support level)
- Second 0.40
- Third near 0.38 (looking further down to 0.36)
- Specific operation: Light short positions near 0.458-0.46 on rebound, add positions if it breaks below 0.45, strictly follow stop loss.
Keep position size moderate, leverage recommended within 5-10x, set conditional orders properly.
Remember, contracts carry risk, stop loss must be set, don’t hold on stubbornly.
This is just a market view, not investment advice, DYOR!
Market conditions can change anytime, watch volume and breakout situations.🚀 #Prep
ethereum:0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de #Perp
Slowly climbed from around 0.0822, then suddenly a big bullish candle surged to 0.1129 (volume exploded), followed by consecutive bearish candles crashing down. Now it is consolidating sideways with low volume near 0.100.
A typical "pump-and-dump" structure: the highest volume at the peak, volume decreases during the pullback, indicating that the chasing high funds are already unloading.
Funding rate is directly -0.52%, shorts are paying longs, indicating a large accumulation of leveraged short positions. If it pushes up again, a short squeeze is likely.
However, the order book above 0.1005-0.1010 shows significantly thicker orders, so resistance is considerable.
On the news front, there is no sudden major positive from the project side. Today's move is purely speculative driven by market action, mostly following hype calls and voices of "high risk short after a pump-and-dump."
Short-term bias is bearish (the pullback after the pump is not over), but with negative funding and support still in place, avoid aggressively shorting.
Trading suggestion: Short
Entry: On a rebound to around 0.1020-0.1035 (or follow if it breaks below 0.0990 and accelerates down)
First resistance: 0.105
Second resistance: 0.108
Third resistance: 0.1129 (previous high)
Stop loss: 0.1155
Take profit: 0.092 / 0.085 / 0.078
Monitor the order book and funding rate yourself, and strictly apply stop loss. #DYOR
ethereum:0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de #Perp
Slowly climbed from around 0.0822, then suddenly a big bullish candle surged to 0.1129 (volume exploded), followed by consecutive bearish candles crashing down. Now it is consolidating sideways with low volume near 0.100.
A typical "pump-and-dump" structure: the highest volume at the peak, volume decreases during the pullback, indicating that the chasing high funds are already unloading.
Funding rate is directly -0.52%, shorts are paying longs, indicating a large accumulation of leveraged short positions. If it pushes up again, a short squeeze is likely.
However, the order book above 0.1005-0.1010 shows significantly thicker orders, so resistance is considerable.
On the news front, there is no sudden major positive from the project side. Today's move is purely speculative driven by market action, mostly following hype calls and voices of "high risk short after a pump-and-dump."
Short-term bias is bearish (the pullback after the pump is not over), but with negative funding and support still in place, avoid aggressively shorting.
Trading suggestion: Short
Entry: On a rebound to around 0.1020-0.1035 (or follow if it breaks below 0.0990 and accelerates down)
First resistance: 0.105
Second resistance: 0.108
Third resistance: 0.1129 (previous high)
Stop loss: 0.1155
Take profit: 0.092 / 0.085 / 0.078
Monitor the order book and funding rate yourself, and strictly apply stop loss. #DYOR
UKong🥷🪃
$ACE #Perp
After a surge and pullback, it rebounded from the low range of 0.13-0.15, reaching a high of 0.205-0.208. The current price is hovering around 0.19, with gains steadily stuck in the +20%~30% range. Volume has exploded, with contract turnover easily reaching the hundred million level, and open interest rising accordingly.
From a short-term candlestick perspective, the 15m and 1h charts have formed a steep ascending channel with consecutive bullish candles pushing the price up. However, the 15m RSI has hit above 70, clearly overbought, and upper shadows are increasing, indicating selling pressure at high levels.
The 1h chart still looks healthy (RSI just above 60), and the 4h and daily charts maintain a bullish structure overall. EMA9 and EMA50 are both supporting from below, and the daily ADX is relatively strong, so the trend is still intact.
- The first resistance above is at 0.205 (yesterday's high plus a dense trading zone), the second at 0.22 (previous gap/psychological level), and the third at 0.24-0.25 (a stronger resistance).
- The first support below is at 0.18 (tested multiple times today and held), the second at 0.16-0.165 (previous breakout point plus near the MA), and the third at 0.14-0.15 (major bottom support; breaking below would be unfavorable).
Volume and price coordination show strong volume during rallies, but recently the 1h chart shows volume contraction and sideways movement, as if waiting for high-level buyers or unlock events.
Today happens to be the unlock day for about 2.97M ACE (around 2% of total supply, worth several hundred thousand dollars). The previous Bitget PoolX airdrop has just ended, so there is considerable risk of loosening supply.
No major new positive news on official channels; this is purely technical and capital-driven.
Trading advice leans slightly bearish:
Try shorting directly around the current price of 0.19-0.195, or wait for a rebound to 0.20-0.205 for a safer short.
Set stop loss around 0.225.
Take profits in batches:
First target at 0.16
Second at 0.14
Third down to 0.12 or even lower.
Add to positions if it breaks below 0.18; hold if it stays above 0.16.
If volume suddenly surges and it breaks and holds above 0.21, exit short positions immediately; don’t hold stubbornly.
Low market cap contracts are highly volatile; control leverage well and use strict stop losses! The market can turn in a second, so adjust according to the chart.
DYOR!