I was completely stunned by the market today. After the main market stabilized, altcoins immediately kicked off a wild party! $BOME surged nearly 40%, a bunch of MEME tokens all shot up over 20%, inscriptions, Solana ecosystem tokens, and layer-2 coins took turns soaring. Everywhere you look, there are stories of others getting rich, the screen is blazing red, making my hands itch—I almost wanted to jump in and join the fun. Honestly, this kind of market is the most torturous: watching other people's coins skyrocket every day while your own holdings lie flat easily distorts your mindset. Your brain keeps playing the drama of "missing out, about to miss the big rally," making you want to go all in to catch the big gains. But I've been beaten down by altcoins several times, so I know clearly: the more arrogantly altcoins rise, the more merciless the crash will be. Right now, everything is driven purely by sentiment; many small coins have almost no fundamentals. When they rise, they fly high; when they fall, they can crash you all the way back home. The craziness of today could be matched by the severity of tomorrow. Below is the intraday data I compiled: MEME sentiment leaders • $BOME: 0.0011605, +38.63% • $NEIRO: 0.0000825, +26.41% • $USELESS: 0.04913, +25.17% • $PNUT: 0.05239, +21.80% • $ORDI: 4.207, +20.99% • $PEOPLE: 0.009232, +20.02% • $PUMP: 0.003698, +19.87% •

The biggest advantage of small capital: you can afford to lose, and a small boat is easier to turn around; the biggest fatal weakness: one mistake and it's directly zeroed out, no capital to start over. Many small capital traders are eager to double their money in one go, going all-in on speculative coins or using high leverage, but as soon as the market pulls back slightly, they are immediately out. This market cycle won't finish in one go. For small capital to grow, it doesn't rely on gambling everything at once, but on: survival + compound interest rolling + catching the right rhythm. 1. First, face reality: small capital should not fantasize about getting rich overnight. We are now in a short squeeze tail phase, with widespread surges, but the risk-reward ratio in this tail market is extremely poor. • Large capital can diversify and withstand drawdowns; • Small capital cannot withstand a 15-25% pullback once, and if a mistake is made, the principal is halved immediately, and any subsequent good market has nothing to do with you. The core logic for small capital to grow: first ensure the account doesn't die, then pursue returns, not single-shot windfalls. 2. Position sizing iron rules (small capital must strictly follow) 1. For a single trade, the maximum loss cannot exceed 2-3% of total capital. No matter how accurate you think you are, you cannot put most of your principal at risk. Example: total capital 1000U, maximum loss per trade allowed is 20-30U; once reached, stop loss unconditionally, never hold losing positions, never add to average down. 2. Do not go all-in; always keep cash in total holdings. Total position limit: maximum 60%, keep 40% as reserve for buying dips during pullbacks. Do not spend all your bullets at high levels now; the real opportunity for small capital is during market corrections and pullbacks later. 3. Leverage: small capital should use low leverage as much as possible, prioritize contracts.

This round of the market rally absolutely cannot be completed all at once! Understand the real rhythm of the short squeeze Many retail investors are currently trapped in the biggest misunderstanding: Seeing continuous big bullish candles, seeing altcoins take off across the board, seeing shorts getting crushed, they think the market will blindly keep rising in a single direction and complete the bull market in one go. From my years of trading experience, I can confidently tell everyone: This round of short squeeze rally absolutely cannot be completed all at once! True large-scale rallies always follow an iron rule: Surge—shakeout and pullback—chip exchange—then new highs again. No short squeeze rally or bull market ever finishes with a straight line and no correction. 1. First, clarify: This rally is not a pure bull market Many people think it’s an "invincible bull," but they completely misunderstand the essence. 70% of the momentum in this rally is not from new external funds entering to buy, but from forced liquidations of shorts pushing the market up passively. On 8.19, nearly 3 billion worth of short positions exploded across the network in a chain reaction. Short stop-loss = market buy to close positions, a large amount of passive buying piled up, forcibly pushing all coins into a short squeeze rally. This kind of rally has a fatal weakness: It is a consumptive rally, not a perpetual one. Shorts get killed off batch by batch. Once all shallow shorts in the market are cleared, the short squeeze driving force drops to zero. No eternal shorts means no eternal short squeeze. 2. Why is it absolutely impossible to finish all at once? Four hardcore logics 1. Short squeeze rallies inherently have an "exhaustion attribute" The rhythm of a short squeeze rally is always: The faster it rises → the more momentum is overdrawn

Brothers, I've organized all the mainstream coins, altcoins, US stock-related targets, and gold. The market is currently in a short squeeze rebound phase, with BTC and ETH leading the rally, and many altcoins and Meme coins surging violently. From my trading perspective, I won't chase the tail end of the rally at high levels. Focus on $BTC among mainstream coins; BTC's MA5 is the lifeline of the market. Once it breaks, all varieties need to be cautious of a pullback. Many altcoins, Meme coins, and US stock-related targets have already surged sharply in the short term with huge volatility, so be sure to use moving averages for defense. Also, keep a close eye on the Federal Reserve's Jackson Hole speech. If the tone is hawkish, all technical levels will become invalid, so manage your positions carefully at high levels. Current reference prices: BTC: 78219 | ETH: 2508.35 | SOL: 96.68 | DOGE: 0.09532 | $OKB: 118.21 PEPE: 0.000004334 | SUI: 0.9192 | ZEC: 809.76 | HYPE: 80.873 US stock-related: MU: 963.23 | SKHYNIX: 1244.24 | SPCX: 136.00 | SNDK: 1598.21 Commodities: $XAU: 4610.5 🔹Mainstream crypto $BTC 78219 • 🔴Resistance: 79370, near previous high, key intraday resistance • 🟢Support: 63840, strong daily support; short-term MA5 at 72247 as short-term defense My trading

Brothers, let's talk about ZEC from a trading perspective. This wave has surged nearly 30 points directly, and now it's approaching the upper Bollinger Band, which is seriously overbought. I definitely won't chase longs here; the risk-reward ratio in this tail-end rally is too poor. I'm focusing on two key levels: a high at $847.77 and the MA5 moving average at $823.95. If it tries to break higher but fails, closes with a long upper shadow, or breaks below MA5 on the 15-minute chart, then short-term traders should be cautious of a quick pullback. Current price is $842.76, with a 24-hour surge of +28.71%. This is a typical short squeeze in a speculative coin, so I will be very cautious in my operations. The resistance levels I see are: • Short-term first resistance: $847.77 (today's high) • Strong resistance: $852.43 (upper Bollinger Band UB) The price is now running right along the upper Bollinger Band, indicating serious overbought conditions. For me, this is absolutely not a place to chase longs. Even if it pushes higher, it’s the last tail-end of the game with a poor risk-reward ratio. Once there is a spike up followed by a pullback and a long upper shadow, that’s my signal to be alert for a correction. The more violently a speculative coin rises, the harder it tends to crash. My defensive references (15-minute timeframe): 1. First lifeline $823.95 (MA5) As long as the 15-minute candle closes effectively below MA5, I consider the short-term bullish momentum to be weakening. If I hold long positions, I would consider reducing exposure or taking partial profits here, with the first pullback target at **$806**. 2. Second defense level $806.00 (MA10) If it breaks below MA1

The current overall market is a short squeeze rally: BTC leads, altcoins have greater volatility, and during pullbacks, altcoins will drop much more than BTC. All are viewed on the 4-hour timeframe, using the Bollinger upper band, MA5, MA10, and MA20 as pullback warning, first defense, and second defense levels. $BTC (Bitcoin) Current price: $78079 • 🔴 Pullback warning resistance zone: $79500‑$81028 (Bollinger upper band) Reaching this zone with a long upper shadow and stalled rally indicates a short-term pullback signal. • 🟢 First defense level (short-term lifeline): $77480 (MA5) If the 4-hour candle closes below MA5, short-term upward momentum weakens, triggering the first wave of pullback targeting $75600‑$76000. • 🟢 Second defense level: $75640 (MA10) Breaking below here loosens the current short squeeze rally structure, likely testing near $71500 MA20. $ETH (Ethereum) Current price: $2526 • 🔴 Pullback warning resistance zone: $2550‑$2625 (Bollinger upper band) Touching the upper band but repeatedly failing to break higher with long upper shadows signals a pullback. • 🟢 First defense level: $2443 (MA5) A 4-hour break below MA5 indicates short-term weakness, with pullback targets at $2340‑$2390. • 🟢 Second defense level: $2390 (MA10) Breaking below damages the current rally structure, looking down to $2240 MA20. $SOL (Solana) Current price: $94

Brothers, right now my mind is full of: short! short! short🤬 Watching the market surge sharply, I feel itchy inside, always thinking that after such a big rise it must fall, wanting to rush in and open shorts to bet on a pullback. But let me pour some cold water on you: in a short squeeze market, shorting is hellishly difficult! A large part of this rally is driven by short liquidations pushing the price up. If you open a short now, it's like running straight into the barrel of a gun. As long as the market surges up again, your short position will be liquidated, just like on 8.19 when 2.7 billion worth of shorts vanished into thin air. Two shorting strategies, don’t mess around: 1. Short-term speculative shorting (contracts) ❌ Don’t blindly chase shorts now! If you want to short, don’t open positions during the rise. Wait for the price to reach resistance: BTC 75000-77000 range, and when you see signs of a spike followed by a pullback and volume stagnation, then consider trying a small short position. Stop loss must be set properly! For BTC shorts, place stop loss above 78500; once broken, admit defeat and exit immediately, don’t stubbornly hold. Remember: in a short squeeze market, holding shorts dies faster than holding longs. 2. Spot market approach Spot market has no shorting, you can only wait for a pullback; don’t borrow coins to short, the risk is extremely high. Fatal misconceptions 1. “After such a big rise it must fall” — the logic is correct, but the market can be crazier than you imagine; short squeezes can continue, shorts can be repeatedly crushed. 2. Short after it falls, don’t try to guess the top during a rise. Guessing the top is a big taboo in contracts. 3. Don’t heavily short! Even if bearish, only try small positions to test; if wrong, run immediately. Biggest external variable: Jackson Hole Fed

First, break through a layer of window paper: this wave is not an ordinary bull market, it's a short squeeze where the shorts are being pressed to the ground and rubbed! The characteristics are: sharp rises, harsh pullbacks, and the momentum depends entirely on when the shorts are fully wiped out and when new funds take over. Below, I'll break it down clearly in 6 dimensions, even pointing out the bathroom for you to avoid pitfalls. 1. First, understand the "engine" driving this rise: it's not pure buying, it's a "liquidation driver" This surge that makes people envious is driven by two forces: 1. Real cash institutional buying: ETFs have continuous net inflows; on August 20, BTC ETF had a single-day inflow of $608 million, ETH ETF saw the largest inflow since October, this is real money; 2. Passive buying from short liquidations: on August 20, $1 billion of shorts were forcibly liquidated in one hour, total liquidations exceeded $3.2 billion in 24 hours, 180,000 people were cleared out, these liquidation orders automatically buy to close positions, pushing prices up. 2. BTC Bitcoin: three layers of resistance + two layers of defense, precise to every key price level 1. First layer of resistance: $73,200-$75,000 (a must-contend area) Why it's key: this is the previous high from late May, a large amount of trapped positions, shorts love to "bottom fish and short" here, selling pressure will concentrate here; Technical signals: Daily RSI is already close to 80 (overbought), pushing higher risks a "flash break"; 4-hour chart shows "bearish divergence," price hits new highs but indicators don't follow, a sign of a pullback; Response strategy: don't chase highs here! You can reduce your position by 1/3

"8.19" surge liquidated a total of $2.739 billion in short positions and $248 million in long positions. The single-day cumulative liquidation amount ranks eighth in crypto history, with the single-day short liquidation amount being the highest ever. However, it is worth noting that among the top 10 and even top 30 largest liquidation events in crypto history, "8.19" is the only event dominated by short liquidations; all others were long liquidations caused by crypto price drops. The surge on August 19: • Total liquidations of $2.987 billion • Of which $2.739 billion were short liquidations, and only $248 million were long liquidations • Among all major historical liquidations, this is the only one primarily driven by short squeeze. Other major historical liquidations were all due to sharp price drops, liquidating long positions. Simply put: 1. Many people expected a drop at the high price and opened short positions betting on a decline. 2. Instead, the price surged, shorts couldn't hold, and the platform forced liquidations (margin calls). 3. When shorts are liquidated, the system automatically buys to close positions, further pushing the price up, creating a short squeeze cycle: price rises → short liquidations → automatic buying → continued rise. There are two key points here: 1. This is a rare historical short squeeze event. Among the top 10 largest liquidation events in history, 9 were price drops liquidating longs; only this one was a price rise liquidating shorts. This shows the bullish momentum was very strong, with a large number of shorts collectively liquidated. 2. Don't assume a short squeeze means continuous price rise. A short squeeze is essentially forced liquidations pushing the price up, not entirely genuine buying interest. Once all shorts are

Brothers! Now comes the most confusing question 🤣 Bitcoin and Ethereum are rising nicely, but how far can we expect them to go? For the coins in hand, should you hold tight and endure, or sell on the highs? First, let's talk about Bitcoin BTC: The first short-term resistance is at 75000; only if it breaks through can we aim for 77000‑80000. But! This rally is largely driven by short squeeze liquidations, not a steady slow bull. The key support line is at 70000; as long as it doesn't break below, the game can continue; once it breaks, a pullback to around 67000 is very likely, wiping out all short-term floating profits. Now for Ethereum ETH: Short-term resistance is between 2200‑2400; only if it holds above can we look higher; the first support below is at 1800, and if broken, a retest of the 1700 range is expected. ETH is more volatile than BTC, rising sharply but also falling mercilessly. The key question: can you hold? There are two types of people: 1️⃣ Long-term holders (spot money you can afford to lose) You can hold, but don't stubbornly hold to the point of immobility. Don't go all-in and hold to the death; take profits in batches, sell some at resistance levels to lock in gains, and keep the rest to play the later market. Remember: the premise of holding is that losing this money won't affect your life. 2️⃣ Short-term traders (using leverage or living expenses) Absolutely do not hold hard! This is a liquidation rebound market with huge volatility. Reduce positions at resistance levels, and if support lines break, exit immediately; don't fantasize about "it will definitely bounce back," as you can easily get hit repeatedly. The biggest risk point ahead is the CPI and Federal Reserve speeches, which are the real big bosses. If the speeches turn hawkish, no matter what B

Don't get too excited too early! It's not always a bull market just because prices rise! The crypto space's short squeeze has ignited TradFi, with many sectors celebrating collectively. Much of this is just emotional speculation; the real judge is the Federal Reserve's news. $SNDK SanDisk: current price 1592, resistance 1628, support 1080; daily chart rebounds to previous trapped zone, short-term surge meets resistance and slightly pulls back. $SKHYNIX Hynix: 1252, resistance 1362, support 999; strongest rebound momentum, moving upward along the moving averages, the cycle logic still holds. $MU Micron: 966, resistance 1124, support 845; trend is weak, rebound strength is less than the other two memory stocks. The underlying logic for memory is an industry cycle reversal, fundamentals are solid. But currently, this is an emotional rebound, not a new major uptrend. SKHYNIX is relatively strong, SNDK stalls at previous highs due to selling pressure, $MU performs the weakest. These stocks are highly correlated with the US stock market; once US Treasury yields rise, the memory sector will collectively face pressure. Trading strategy: do not chase highs, resistance above is likely to cause pullbacks; wait for pullbacks near moving averages to see if support holds, chasing highs can easily lead to losses on corrections. 🚀 Aerospace $SPCX (SpaceX) current price 136.12, resistance 156.76, support 119.96. The daily chart rebounds from the bottom near 104, representing an oversold recovery. Fundamentals rely on policy expectations and commercial aerospace narratives, but volatility is huge. This stock is heavily sentiment-driven, lacking stable earnings support, and is a thematic speculation. After a big surge, the resistance above is very