On Monday, the US market was closed for Labor Day, resulting in a narrow range of fluctuations and consolidation at higher levels. Those who entered long on BTC between 79,000 and 78,500, and on ETH between 2,470 and 2,450, should continue to hold. The intraday strategy remains to buy on dips. For minor pullbacks, only short-term longs are possible; for deeper wicks, longs can yield significant profits.
The daily K chart closed yesterday with an inverted hammer bearish candle, with the upper band continuing to trend downward. KDJ is turning downward, RSI is leveling and slowing down, and MACD bearish momentum continues to increase. The awkward point remains that the indicators suggest a need for a retracement, but the price has yet to fall, leading to a significant divergence between bulls and bears. For today, first watch for support at the middle band of the daily K, around 78,500. Consistent with yesterday’s strategy, if short-term longs break below 78,000, do not hold and temporarily avoid the retracement. Then, look to enter low longs in the 76,000–75,000 zone if there are deep wicks. The upside resistance is still at the 80,000 level, followed by 81,000 and 82,000.
ETH (Second Cake) price also continues to fluctuate repeatedly around the 2,500 level. The 2,550–2,350 range has held for a long time. For short-term longs, use 2,470–2,450 as entry reference. If it breaks below 2,400, don’t hold short-term longs; instead, look to lay in wait at 2,350 and 2,300 for deeper wicks. For rebound resistance, focus on 2,500, and then 2,550 and 2,600.
Mood is not everything in life, but it can affect everything in life. When you’re in a good mood, everything goes well. When you’re in a bad mood, everything gets chaotic. Often, it’s not that we lose to others, but that a bad mood affects our image, lowers our abilities, and disrupts our thinking—so we lose to ourselves. Life is short, and the world is unpredictable. There’s no need to worry about everything, and certainly no need to calculate everything. Our whole life is only about a hundred years; there’s no need to be too demanding or have extravagant expectations. Do what you want to do, love who you want to love, strive to make every day count, leisurely watch the flowers bloom and fall before your courtyard, and gaze into the distance at the ever-changing clouds on the horizon.
