Let's have a casual chat over the weekend and share some trading insights!

Unknowingly, I've been sharing BTC/ETH market updates continuously for over three years. Over the past year, I've accumulated quite a few loyal followers, and together we've slowly "aged," spending a spring and autumn together!

From new followers to old fans, and from casual followers to die-hard supporters, I sincerely appreciate everyone's support! Of course, there are some who couldn't withstand the market's turmoil and have exited the circle.

In the past year, there were indeed opportunities to make money during the two major surges at the beginning and end of 2024, but most of the time has been spent in what I call "garbage time."

Many of you might have entered the market in October 2023 and can't help but feel how quickly time flies. In the 24/7 trading environment of the crypto world, it’s easy to overlook the passage of time!

Yesterday, ETH broke out first with significant volatility, rebounding from 2614.8 early in the morning to 2798! BTC remained relatively stable, making way for ETH, with only a narrow range fluctuation that saw a high of 96988.

This morning, some altcoins are making gains. For those holding positions, I continue to reduce my holdings, while my remaining zero-cost positions can be held without worry!

After noon on Sunday, the market may break away from its narrow range. Therefore, it's essential to reduce positions on Friday and Saturday. If the market pushes up to capture long liquidity, then this afternoon and late evening may see a continuous downward trend. We need to reduce our positions to mitigate risks!

If you're looking to short with small capital, you'll have to wait for a breakdown below the key support level of the current trading range, and only act after a rebound is suppressed and shows volume on the downside.

Looking at the market sentiment over a longer period, I remain very confident in the industry. There are plenty of opportunities out there, but they aren't everywhere!

We need to strategically allocate our positions to increase our chances of seizing opportunities. We shouldn't go all-in on a market hotspot as soon as we enter; doing so greatly increases the likelihood of being stuck for years or even facing total loss!

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