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Several brothers private messaged me asking: "Sunday night so stable, is something big coming?"
This kind of "stability," I call it the market's pause for breath. It's not sleeping; it's holding a breath, not knowing whether the next second will be a howl of despair or a wild laugh. When weekend liquidity is drained, the market looks as light as a paper lantern. A sneeze from the big players can blow out a big bullish candle or kick out a big bearish one. The K-line at this moment seems like it's playing around.
Looking up (90000-91500): That's not a resistance level; it's the "wish tags" left hanging by those who didn't escape earlier, densely packed. With the current bloodshed in the market, trying to surge through once? Unless heaven drops a sword and takes them all down.
Looking down (pre-low at 87300): That's the last bit of hope in my mind. Now around 88800, just a bowl of soup away from that hope. The 88000 integer level isn't a door; it's a layer of window paper. Poke it, and it tears. Once the paper is torn, it's free fall with the sound of wind.
The bulls now are like pushing a big stone uphill, exhausted and struggling, with a bunch of people waiting to break free and sell to you. The space is very narrow. The bears, on the other hand, are like pushing the stone downhill along the slope, saving effort. Looking below, it's empty and the space is relatively large.
So, how to get through tonight?
1. Best option: Turn off the computer, spend time with family, watch a show. In this vacuum market, moving around easily causes injuries—it's just adding drama to yourself.
2. If you must act: The trend still favors the bears. Wait until it rebounds to around 90000-91500, showing signs of exhaustion and short of momentum, then consider taking action.
$BTC
Entry points: Short in batches at 90000-91200 (volume shrinking, price stagnating)
Bottom line for surrender: 92588 (if it stabilizes here, it means I was too light, misjudged, and I’ll immediately admit defeat and walk away)
Target: First goal 88600; if broken, next targets are 87800-86500
Real veterans are not looking for opportunities now; they are checking their ammunition, then fastening their seatbelts, waiting for the market to open on Monday morning and reveal its hand.
Sleep well. Good health and a good mindset are our strongest positions.