$SNDK ｜The sector is fully erupting, which might actually be a signal to retreat. #闪迪长期协议成焦点，开盘表现待验证 Kioxia ADR surged 14.6%, the storage sector is in a collective climax, but the more unanimous the sentiment, the more cautious you should be about profit-taking starting. My trading plan is very clear: Observe shorting opportunities near the current price, target 1600, stop loss at 1850. Don't chase the hottest sentiment, only follow your own trading logic. If the directional judgment is wrong, stop loss; if it goes as expected, hold patiently. Don't be misled by collective euphoria; climaxes are often where divergences begin. #OKX预言家第二季正式上线 Just recording my personal trading plan, not investment advice.

☯️ 8.22｜Morning Brief Simple Chat (8:00 Data) Today is the Wu Chen day, with a heavy earth element. After continuous acceleration earlier, today feels more like testing the market's support strength—if it holds sideways, it means it's still relatively strong; if it can't hold, watch out for profit-taking. Metaphysics is just a reference; real action depends on the position. BTC is currently around 77958. Support is seen between 76000 and 77000, resistance between 79000 and 80000. If it can hold above 80000, the trend still has room to expand; if it falls below 76000, beware of a quick deleveraging round. ETH is currently at 2512. Support is between 2450 and 2500, resistance between 2550 and 2600. If 2500 holds, continue to treat it as relatively strong; if it breaks below 2450, watch for a quick pullback. Altcoin sentiment is indeed heating up, but don't chase the last big bullish candle. Gold has already risen above 4600; if it holds, continue to watch 4650 to 4700. For US stocks, focus on the S&P 7650 and Nasdaq 26000; treat it as a rebound until it recovers from the pressure zone. Today's biggest risks remain the same: rising oil prices, a rebound in long-term US Treasury yields, and possible concentrated profit-taking after Crypto's continuous short squeeze. In summary, $BTC looks at 77000 and 80000, $ETH at 2500 and 2600, $XAUT at 4600 and 4700. The first wave of rally is about sentiment; only if the second pullback can be supported do we look at real money. This is only a personal market observation and does not constitute investment advice. For contract trading, please control your position size and leverage, and strictly set stop losses.

From the 15-minute level perspective, $BTC's bullish momentum has clearly weakened and formed a secondary high. If the rebound is again resisted at 78,300—79,200, it is highly likely to enter a 1-hour level correction, first observing support around 76,300. #BTC加速拉升，资金还能继续接力吗？ If the stop in decline and rebound still cannot break above 78,600, be cautious of the market further connecting to a 4-hour correction, with attention below at 74,300—72,300. $ENA What should be done now is not to stubbornly hold on, but to reassess positions and average holding prices. Chips with costs not low enough should not lightly discuss the big picture, especially high-volatility altcoins. Properly reducing positions and raising stop losses is always better than riding a roller coaster. It is unrealistic that from now until the eve of November 3, there will be no decent correction at all. $ETH Be patient and wait for the right position. Those who wait will eventually win. #美联储7月FOMC纪要9比3，官员加息分歧仍在

BTC surged 24% in three days, is this time really different? In just three days, BTC jumped from 64100 straight up to 79500, an increase of over 20%, and $ETH also simultaneously touched 2450. A few days ago, the market was still talking about a bear market, but three bullish candles directly dragged sentiment from panic back to greed. However, the 79500 level is not just an ordinary rebound. It broke through BTC's nearly two-month sideways consolidation range and caused a brutal short squeeze. $SOL In the past 24 hours, the entire market liquidated over $840 million, with shorts accounting for about $670 million, including $460 million in BTC liquidations and $170 million in ETH. The price breakout triggered short stop-losses, which pushed prices higher, then triggered the next batch of shorts—a classic short squeeze cycle. $ENA So the question is, who ignited this rally? I think it’s a combination of three things: macro liquidity, regulatory expectations, and institutional funds. First, long-term US Treasury yields have fallen. After the US Treasury announced an expansion of long-term bond repurchase operations, the 30-year yield dropped from around 5.337% to 5.192%, and the US dollar index fell below 99. When the risk-free rate drops, capital naturally seeks returns along the risk curve, and BTC directly benefits. But to be clear, Treasury repurchases are not Fed QE; they mainly improve bond market liquidity, not printing money out of thin air. If you interpret this as opening the floodgates, expectations might be overblown. Second, regulatory expectations have suddenly heated up. The White House convened representatives from Coinbase, Ripple, and other crypto industry players to continue pushing the CLARITY Act; the SEC has sent friendlier signals, and the CFTC has also expressed readiness. Even if the bill remains stuck in Congress, they might use existing authority to create compliance pathways for exchanges, leveraged trading, and on-chain protocols. The SEC loosening, White House pressure, and CFTC backstopping mean the market is trading on the possibility that the US regulatory environment is really shifting. Third, ETFs have brought real buying pressure. On August 20, the US spot $BTC ETF saw a net inflow of about $606 million in one day, with BlackRock’s IBIT alone contributing $503 million. Over three trading days, inflows totaled nearly $1 billion. This is the biggest difference between this rally and previous purely retail-driven ones—institutional funds are indeed returning, and BTC’s pricing structure is gradually shifting from retail speculation to institutional allocation. But amid the celebration, some cold water must be poured. First, a short squeeze does not equal trend confirmation. Shorts being forced to cover creates mechanical buying, but after shorts are cleared, the market still needs sustained spot demand to push prices higher. If Coinbase premiums don’t consistently turn positive, this rally might just be a fierce short squeeze rebound. Second, the continuous surge has accumulated a large amount of profit-taking. Short-term indicators for BTC and ETH have entered overheated zones; the faster the rise, the greater the volatility during deleveraging. Chasing now means facing not whether it can still rise, but whether the stop-loss buffer can hold. $OKB Third, macro risks remain. If oil prices continue rising, inflation picks up again, or long-term Treasury yields suddenly rebound, the valuation logic for risk assets could be suppressed at any time. Next, I’ll watch three signals: whether ETFs can maintain continuous net inflows, whether Coinbase premiums can stabilize and turn positive, and whether BTC can hold the 72000 to 75000 breakout zone. If it holds, a pullback might be an opportunity; if it doesn’t, chasing higher could easily mean becoming the bag holder. This rally is driven by macro liquidity, regulatory expectations, and institutional funds, making it more solid than purely sentiment-driven rallies, but it also contains a lot of short covering and high-leverage capital. Whether 79500 is the start of a new bull market or the end phase of this short squeeze cannot be concluded hastily. The market will provide the answer, and positions must be managed responsibly. #BTC #ETH #crypto The above is market analysis only and does not constitute investment advice.

Maya Protocol was pierced by 6 consecutive vulnerabilities: attackers earned $1.65 million, liquidity pool shrank by nearly $11 million The most dangerous vulnerabilities in DeFi are often not due to a single line of code error, but multiple seemingly harmless issues chained together into an attack. From August 18 to 19, the cross-chain liquidity protocol Maya Protocol urgently suspended MAYAChain. In a transaction containing 23 messages, the attacker consecutively exploited 6 software vulnerabilities to arbitrarily "print" about 49 million CACAO tokens for a small liquidity pool. Originally, this pool only had 168,000 CACAO in reserve. The attack logic resembled a carefully designed accounting fraud. MAYAChain mistakenly judged an external transfer as lost, triggering a security mechanism intended to compensate the damaged liquidity pool. However, the compensation amount was severely distorted, and the system credited the small pool with about 49 million CACAO. Although the transfer ultimately failed, another vulnerability prevented the inflated balance from being rolled back and instead was officially written into the network state. The system thus "continued the error," treating the non-existent CACAO as real assets. The attacker then deposited only a small amount of funds, obtained over 99% of the pool's shares, withdrew about 48.87 million CACAO, and exchanged them for real assets like BTC and ETH. On-chain data shows the attacker transferred about 20.83 BTC and other assets, directly profiting approximately $1.65 million, with about 8.87 million CACAO remaining in the wallet. But the real loss far exceeds the stolen amount. After the incident, CACAO's price dropped from about $0.115 to $0.013 at its lowest, a maximum decline of nearly 89%. Analysis estimates the total liquidity pool value shrank by about $10.9 million: Approximately $6.4 million came from the CACAO price collapse, about $2.9 million was arbitraged away by opportunists exploiting price differences, and the attacker directly profited about $1.65 million. This is the harsh reality of DeFi attacks: hackers may only take the first layer of loss, while token crashes, arbitrage draining, and liquidity depletion are the true factors that widen the damage. Maya Protocol founder Aaluxx stated the team has suspended trading and fixed the vulnerabilities, hoping to incentivize the attacker to return funds through a bug bounty. If about 20 BTC cannot be recovered, the team plans to cover the shortfall through investments such as Aztec Chain. More alarmingly, this attack is not an isolated incident. Maya's co-founder said this issue lurking in old code shares a similar root cause with the $10.7 million attack THORChain suffered in May 2026: individually limited-impact old vulnerabilities, when combined by attackers, can penetrate the entire security mechanism. This incident once again shows that DeFi risks are not just about whether smart contracts can be hacked. Permission design, state rollback, compensation logic, cross-chain messaging, and liquidity accounting—if several of these links fail simultaneously, mechanisms originally meant to "protect users" can become tools for attackers to arbitrarily mint tokens and steal real assets. Code can be open source, and on-chain data can be transparent, but complex systems are not automatically secure because of this. For ordinary users, when participating in cross-chain protocols and small liquidity pools, besides looking at yields, it is more important to pay attention to the protocol's code origin, historical security incidents, pause mechanisms, and whether assets can be quickly withdrawn. High yields are written on the page, but systemic risks are usually hidden in old code.

Data shows that in the past 12 hours, the total liquidation amount in the crypto market was approximately $767 million, with long position liquidations around $57.5545 million and short position liquidations about $709 million, with short position liquidations dominating. By coin, $BTC leads in liquidation scale, with long position liquidations around $22.9583 million and short position liquidations about $511 million in the past 12 hours; $ETH long position liquidations around $12.7993 million and short position liquidations about $77.7195 million; $SOL long position liquidations around $1.1268 million and short position liquidations about $19.2094 million. Additionally, assets like XRP, HYPE, and DOGE also experienced varying degrees of liquidation.

A complete trading plan should not only allow yourself to bottom-fish but also permit buying at higher prices after trend confirmation. Use position sizing on the left side to control uncertainty, and use cost on the right side to exchange for certainty; if no trade occurs on the left side, then execute the right side plan. Don't be afraid when prices fall, and then complain about prices being too high after they rise. $OKB $BTC has previously entered the buying zone: either wait for a divergence to set up on the left side, or follow through on the right side after breaking through the MA200. After the breakthrough the night before last, we have bought spot and Calls, with the Calls currently profiting over 70%. At that time, BTC had just passed 70,000, with a stop loss reference around 69,000, meaning the risk is only 3%—5%; if BTC accounts for 10% of the total position, the actual account risk is only about 0.3%—0.5%, while the potential return could reach 5 to 10 times. $ETH When the opportunity comes, execute: control position size, set stop loss, calculate cost, and leave the rest to the market. After BTC breaks through the MA200, it enters a bullish structure, and my strategy has turned bullish.

August 21｜A brief overview of today's market. Today is the Bingwu year, Bingshen month, Dingmao day. Ding fire sits on Mao wood; wood generates fire, so the fire still has support. Looking at the market, my feeling is that bullish sentiment remains, but after several consecutive days of surges, the key question today is no longer whether it can keep rising, but whether it can hold once it goes up. Bitcoin had another short squeeze last night. According to CoinGecko data, $BTC has reached around 73,260, up about 5.4% in 24 hours, with an intraday low of 68,898 and a high of 73,321, rising over 15% in the past week. Trading volume is clearly expanding, and short-term funds are still flowing in. Today, I’m watching if the 71,000 to 72,000 range can hold as support, with resistance between 73,500 and 75,000. Yesterday it was still attacking the 70,000 level; today it has directly stood above 73,000. If 72,000 holds, the structure remains strong; if 75,000 breaks out with increased volume, the short squeeze might not be over yet. But this rally has been fast—if it falls back below 71,000, be cautious of concentrated profit-taking from those who chased the highs earlier. Ethereum:native is now around 2,344, up about 3.5% in 24 hours, with an intraday high of 2,350.67, and has gained over 23% in the past week. Support today is between 2,280 and 2,320, resistance between 2,350 and 2,400. The 2,350 level is near the intraday high; only after a real volume-backed hold above this can we look toward 2,400 and beyond. Conversely, if it falls back below 2,300, watch out for a quick pullback. Altcoin sentiment is stronger than a few days ago, but I’m still reluctant to chase after consecutive big green candles. $XAUT continued to oscillate at high levels yesterday, with spot around $4,516. After a big surge of over 4% the day before, some normal profit-taking occurred. The US long-term real interest rate expectations are still supporting gold, but rising oil prices and a hawkish Fed minutes add uncertainty to inflation and interest rates. Gold support today is between 4,450 and 4,500, resistance between 4,550 and 4,580. The 4,500 level has shifted from a previous resistance to a new dividing line between strength and weakness. Holding 4,500 keeps the trend bullish; falling below 4,450 calls for short-term cooling. I’m still not chasing straight up here and prefer to wait for a pullback confirmation. The US stock market isn’t as comfortable as crypto. The Dow closed at 52,759.21, the S&P at 7,641.16, and the Nasdaq at 26,067.17, down 1.32%, 0.87%, and 1.00% respectively. Bond yields have risen again, combined with Walmart’s earnings missing expectations and rising oil prices, the market is worrying again about consumption and inflation. $QQQ Today, the S&P support is at 7,600 to 7,650, resistance at 7,700 to 7,750; Nasdaq support at 25,800 to 26,000, resistance at 26,300 to 26,500. The clearest divergence now is that crypto is trading on liquidity and short squeezes, while US stocks are still trading on high interest rates, oil prices, and consumption pressures. The biggest risks today remain long-term US bonds and crude oil. The US 30-year Treasury yield has returned near 5.25%, and the 10-year is rebounding. Brent crude has already risen to around $93. If oil prices continue to rise and long-term yields keep climbing, high-valuation tech stocks will face pressure first, and gold may experience more volatile swings. However, there is a noteworthy point on the crypto side—BTC has surged from near 69,000 to above 73,000 in the past 24 hours, with a clear increase in short-term trading activity. As long as the dip near 72,000 is supported by funds, this trend is not yet broken. To summarize, today I’m watching a few key levels: BTC at 72,000 and 75,000, ETH at 2,300 and 2,400, gold at 4,500 and 4,550, S&P at 7,600, Nasdaq at 26,000. On this Dingmao day, wood and fire generate each other; the market still has "fire," but the stronger the fire burns, the more we must guard against sudden oxygen shortages. So my approach today remains: don’t chase the first wave of acceleration in BTC and ETH, wait for pullbacks; as long as gold holds 4,500, remain bullish; for US stocks, treat rallies as rebounds until key resistance is retaken. Yesterday’s question was whether it could break through; today it’s whether it can hold after breaking through. The first surge tests sentiment; if the second pullback is supported, then it’s real money. The above content is only personal market observation and trading ideas sharing, not any investment advice. The metaphysical content is for traditional culture and market sentiment interest only, not as a basis for trading.

☯️ 8.20｜A brief chat in today's morning report. Today is Bingyin day, wood generates fire. The market can still push up a bit with this momentum, but if the fire is too strong, beware of a sharp pullback. Metaphysics is just a reference; real action depends on the position. $BTC surged overnight to around 69400, up more than 7 points in 24 hours. The key focus today is whether 68000 can hold and if 70000 can be surpassed. If volume supports a steady break above 70000, a short squeeze could push it further; if it struggles and falls back below 68000, be cautious of profit-taking. $ETH is even stronger, now at 2256, up nearly 18% in one day. If 2200 holds, the strong structure remains; if it breaks below 2180, watch for a quick retracement. Resistance above is between 2300 and 2350. $XAUT has also approached the 4500 threshold, with support at 4450. Only a firm break above 4500 opens new space. The US stock market finally stopped a three-day decline, but tech stocks remain weak. The S&P is eyeing 7700, and the Nasdaq looks at 26300. The biggest contradiction now is that liquidity is indeed supporting the bottom, but inflation and interest rate risks have not calmed down. Market sentiment is rising, but the faster it rises, the more you shouldn't blindly chase. The first wave of the rally is driven by sentiment; if it can hold after a pullback, that is the direction truly recognized by real money. #crypto #BTC #ETH #XAUt

The $BTC $SKHYNIX SNDK$BEAT I've shared over the past few days have all been steadily secured. The track record is there, and new friends in the circle can also scroll back to check the records #闪迪回落逾9%，存储估值分歧加剧 I've always thought that getting the direction right once isn't a big deal; the real challenge is whether you dare to enter after you get it right, and once in, whether you can hold on. If you see it right but can't profit, then you can only keep grinding. Some might ask, why do you keep researching these every day and still willingly share for free? It's actually not complicated—I just like making friends and enjoy exploring the market with everyone. When there's a good opportunity, I'm willing to discuss it, and when I misjudge, I admit it. I never think I can be 100% right; no one in the market can. But I increasingly believe in one thing: before making money, first learn not to die. Earning a little less on a trade is fine; even fly meat is meat. Missing a trade is okay; the next ride will come. The worst is acting on impulse, going all in, and knocking yourself out of the game. So when I share, rather than saying how much it can rise, I care more about where to enter, where it might go wrong, how much you could lose if wrong, and when to exit. If the market is right, you profit; if wrong, you admit it. Control your position, set your stop loss, and don't always think about turning it all around in one trade. As long as your principal is intact and you're still at the table, there's always a chance to turn things around. This is also a phrase I increasingly agree with: trading isn't about who makes the most in one trade, but who can keep sitting at the table. The market never lacks opportunities; what really lacks is you still holding chips and sitting here.

☀️ August 19, Monday, a brief chat about today's market. Today is the Bingwu year, Bingshen month, Yichou day. Yimu sits on Chou earth; according to metaphysics, it's somewhat like "wood being pressed by earth." Applied to the market, it means—there's a chance of a rebound, but resistance above is also significant. Today is better suited for waiting for position confirmation, not chasing the first surge. Metaphysics is just for reference; real trades should be based on price. $BTC is currently around 64664, up about 0.4% in 24 hours, with an intraday range between 63996 and 64946. After retaking 64000 yesterday, the key today is whether 65000 can truly be surpassed. Support below is first seen between 63800 and 64200; resistance above is between 64800 and 65500. If volume-backed stabilization above 65000 occurs, the next target can be around 66000; but if 65000 fails and falls back below 64000, this wave looks more like a rebound continuation rather than a trend reversal. $ETH is around 1917, up about 0.3% in 24 hours, with an intraday high touching 1918.76. Support is between 1880 and 1900; resistance is between 1930 and 1950. 1900 has become a short-term defense level again; as long as it doesn't fall back below 1900, I continue to look toward 1950; only if it firmly holds 1950 can we talk about 2000. Before BTC breaks 65000 and ETH takes 1950, altcoins shouldn't be rushed to call a full launch. $XAU dropped noticeably last night, spot gold briefly fell to around 4365, mainly pressured by rising global long-term bond yields and continued oil price increases. Another intraday quote reached about 4345. Today's gold support is first seen between 4330 and 4360; resistance is between 4400 and 4450. This is different from the past few days—4400 has shifted from support to a contested level. Only if it retakes 4400 can we look toward 4450; if it can't hold near 4350, then watch out for 4300. U.S. stocks continued adjusting last night: Dow closed at 53343.40, S&P at 7691.76, Nasdaq at 26289.71. Nasdaq fell 1.3%, with semiconductors dropping more sharply. The core pressure remains long-term U.S. Treasury yields and the revaluation of overvalued tech stocks. Today's S&P support is between 7650 and 7700; resistance between 7750 and 7800. Nasdaq support is between 26000 and 26300; resistance between 26500 and 26700. The key focus in U.S. stocks now isn't how much it fell in a day, but if AI and semiconductors continue leading the decline, the previously most crowded trades may keep loosening. The biggest variable today is at midnight. The Federal Reserve will release the minutes of the July 28-29 FOMC meeting at 2 PM Eastern Time on August 19, which is around 2 AM Beijing Time on August 20. The July meeting decided 9 to 3 to keep the federal funds target range at 3.5% to 3.75%, so tonight the real focus is on how much internal disagreement there is about inflation, growth, and the future rate hike path. Also, oil prices can't be ignored. Brent crude has risen to around $91. Middle East tensions and risks in the Strait of Hormuz continue to push up energy inflation expectations. This explains a recent interesting phenomenon—economic data is weakening, but long-term yields refuse to fall. To summarize, today I’m watching a few levels: BTC at 64000 and 65000, ETH at 1900 and 1950, gold at 4350 and 4400, S&P at 7700, Nasdaq at 26300. Today's market feels like Yimu pushing against Chou earth to grow upward—it can rise, but something is pressing down on the head. So the approach remains: don't chase BTC unless it firmly holds 65000; don't call altcoin season unless ETH breaks 1950; don't rush to expect new highs in gold unless it recovers 4400; don't lightly catch falling knives in tech stocks unless the selling pressure stops. The first rebound wave depends on sentiment; only after key levels hold do we look at real money. The metaphysics part is for traditional cultural interest only and does not constitute investment advice.