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% •

This midday spike really messed with everyone's mindset 😂 One moment we were imagining the market officially kicking off, shooting straight to 150,000, achieving financial freedom, buying new houses, and shouting that the bull market is on its way. Then the candlestick suddenly plunged down, and instantly some people started panicking, shouting it would drop to 20,000, accounts just lying flat, and leverage getting completely wiped out. Once the spike happened, the market split into two camps. Bulls: This is a shakeout! A trap for chips! It's about to take off, target 150,000! Bears: This is a bearish signal! Danger! It's heading to 20,000, run now! The price plunged then pulled back, leaving a long wick on the candlestick, as if nothing happened, only retail traders' emotions bouncing back and forth. A little rise and they dream of 150,000, a little drop and they imagine a 20,000 disaster. The market says nothing; we just fill in the script ourselves. 150,000 is a sweet dream, 20,000 is a nightmare, and which way it goes depends entirely on how the market plays out. $ETH $BTC $TRUMP

$BTC $ETH $SOL $HYPE $ZEC $DOGE $TRUMP

Just now, the market experienced indiscriminate violent sell-offs across all sectors, with BTC, ETH, SOL, DOGE, ZEC, HYPE, PEPE, TRUMP, SUI, SHIB all simultaneously showing long lower shadow pin bar patterns. All coins closed large bearish candles on the 15-minute chart simultaneously, triggering mass stop-losses for bulls at high levels. This is the most typical systemic stampede scenario in the squeeze tail phase. Current market status of each coin (15-minute timeframe): • $BTC: Current price 77030.9, 24h high 79603.1, low 75068.1. Quickly broke through short-term moving averages intraday; MA5 at 77746.4 has been breached, short-term bullish defense line lost. • ETH: Current price 2426.40, 24h high 2549.34, low 2351.57. Followed the market plunge sharply; all 15-minute moving averages turned downward, showing greater volatility than BTC. • $SOL: Current price 93.37, 24h high 102.78, low 87.53. After surging to 102.78, it collapsed directly with a huge short-term retracement; many high-level long positions were liquidated. • $ZEC: Current price 778.01, 24h high 860.35, low 594.53. Previously a wildly rising altcoin, it showed the strongest pin bar damage, with intraday drops far exceeding mainstream coins. • $DOGE: Current price 0.08967, 24h high 0.10089, low 0.08150. Meme leader, after surging at high levels, followed the market in collective sell-off. • $T

Just now, BTC, ETH, SOL, DOGE, PEPE, HYPE, ZEC, US stock storage targets MU, SKHYNIX, SPCX, SNDK, and the bulk commodity XAU gold all simultaneously plunged downward. It's not that a single coin weakened alone; it's a collective contraction of risk appetite across all assets. This kind of simultaneous crash across all targets is completely different in nature from a correction in a single altcoin. Why did all targets simultaneously plunge? 1. Macro expectations preemptively betting on the Jackson Hole meeting. The market is pricing in the risk of the Federal Reserve's speech in advance, and funds are collectively seeking safety. As long as macro expectations fluctuate, crypto, US growth stocks, and gold will be sold off together. This is a cross-market systemic fluctuation, not an issue with the coins themselves. 2. Massive leveraged long positions at high levels triggering a chain stop-loss stampede. The previous short squeeze forced many to open long positions at high levels, with stop-loss prices stacked below. Once the price drops a bit, it triggers a large volume of stop-losses, creating a chain selling pressure. Illiquid Meme and meme coins will experience much larger plunge amplitudes than mainstream ones; PEPE, HYPE, and $ZEC will suffer even more severe retracements. 3. Signal of momentum exhaustion in the short squeeze rally. The previous rise was passively pushed up by short sellers being liquidated; now the shorts are almost depleted. Once the buying tide recedes, a collective rapid sell-off will occur. All targets plunging together is a typical violent oscillation in the tail phase of a short squeeze. This time, all targets plunged downward together, which exactly confirms our previous judgment: The short squeeze rally cannot finish all at once; the tail phase fluctuations will be extremely violent. Now is not the time to bet on “immediately just

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