SpongeEvolution

May 6 Bitcoin and Ethereum Market Analysis: BTC, ETH Highlights for Today
Market Review
During the May Day holiday period, BTC continued to rise, breaking through the 80,000 level. The main trend remains bearish, with a 4-hour upward trend maintained, showing slight bearish divergence at the top. We are waiting for volume to diminish before considering short positions. On the daily chart, the price remains in a sideways upward movement, with slight bearish divergence. Watch for changes in volume and wait for a good entry point to build a position.
ETH followed BTC's upward movement, but its tr

Crypto Circle Evolution: Newbies → Old Dogs → Whales → God (Dark Version)
Newbies (Those Who Get Harvested):
Listening to rumors to enter the market, chasing the highs out of FOMO, watching candlestick charts and imagining financial freedom, going all-in on every trade, getting trapped and “staying stuck,” cutting losses and exiting, blaming the market, blaming the project teams, always saying, “Next time for sure I’ll turn it around.”
Old Dogs (Half-Awakened):
Starting to control position sizing, learning to read the narrative, understanding when to take profit and when to cut losses, no long

Have you noticed that since RAVE and M were investigated, many copycat projects no longer continuously pump their prices, mostly just pumping once and then running away, including a few that had been steadily pushing upward before and have now calmed down. The few remaining whales still active have also changed their tactics. The projects that were dominating the gainers list a few days ago have mostly been on the losers list these days. That strategy of following the rise completely failed a few days ago.
This round of copycat market trend is basically coming to an end. I haven't seen many wi

April 30 Bitcoin and Ethereum Market Analysis: BTC, ETH Today’s Key Points
## Market Review
After a slight rebound yesterday, BTC continued to fall. The main direction remains bearish. The 4-hour upward move has broken down. Watch the 74,000–75,000 support area and see whether BTC can maintain high-range consolidation. Downward momentum is contracting with reduced volume. Keep an eye on fundamental developments. If considering taking-profit on short positions near the top, do so; wait for the rebound to build positions again. On the daily timeframe, the upward trend has broken, and the first t

Investment is not a sprint, nor is it a marathon, but rock climbing. The key is not to see who climbs faster, but to make sure each step is solid, to firmly plant your footing, and to avoid falling to your death. If you're not planning to retire, this climb will never end, and you could fall back to the bottom at any moment due to a major mistake. That’s also why I once said, it’s better to fall for scams and go bankrupt early. Just starting to learn rock climbing, falling a few times from lower positions is not a bad thing.

The logic of the bull market has long changed.
In 2021, ETH hit a peak with DeFi; it was a celebration of technological narratives, with hundreds of times coins blooming everywhere.
In 2024-2025, SOL and BNB supported the Meme sky, creating a wealth effect that directly maxed out. Meanwhile, Ethereum, which insists that "technology changes the world," failed to break new highs for the first time in this bull market.
Some say Ethereum's moat still exists. But the reality is, while other chains are competing to capture sentiment and indulge in human madness, it remains polishing its technology i

Market is boring, everyone has started to get into the fortune-telling phase, and I was told that things will start to improve in May, so I hope in May $btc $bnb $kas will surge greatly, on-chain prosperity, and secondary market buys will fly everywhere.
Made a wish, now let's talk about reality
The main market is still the same, many people think it will drop to 50,000, 30,000, 10,000; I won't comment on the evaluation, but I see 150,000.
Today there are very few playable altcoins, the volatility has decreased a lot; if you want to play altcoins, you should choose ones with bigger swings, o

Currently, the upward momentum of BTC has gradually exhausted, and the risk of continuing to chase gains at high levels is significantly increasing. This slow upward trend has not shown signs of large-scale capital entry by the main players, and overall lacks solid financial support, appearing more like a game of existing funds and sentiment-driven, which makes it relatively fragile.
It is worth noting that if the main players want to achieve a low-cost, high-efficiency rally, they often adopt a "first suppress, then rise" strategy: first creating a deep correction, breaking below key suppor

A new Federal Reserve Chair is about to take office. Looking back at history, every time there has been a change or significant renewal of the Federal Reserve Chair, Bitcoin has experienced a sharp correction:
In January 2014, Janet Yellen officially took over as Federal Reserve Chair → BTC subsequently plummeted 83%;
In February 2018, Jerome Powell first assumed office → BTC experienced a maximum drawdown of 73%;
In May 2022, Powell began his second term → BTC still declined by 61%.
In these three cases, with different times and backgrounds, a highly similar pattern emerges: the trans

As long as I don't short on the short-term chart, it definitely indicates that the bearish downward momentum is not strong, and if the downward momentum is not strong, the expectation for an upward correction is low. When the expectation for an upward correction is low, a small-scale indicator turning strong can easily cause profits from short positions to be given back or reversed. I am not a die-hard bull, nor am I a die-hard bear; as long as I establish whether the recent trend is dominated by bulls or bears, I will focus on that. In April, besides the rebound peak around 79,400 and a brief

April 29 Bitcoin and Ethereum Market Analysis: BTC, ETH Today's Highlights
Market Review
Yesterday, BTC continued its correction and consolidation, with the main trend remaining bearish. The 4-hour upward trend slightly broke support, with decreasing downward momentum. Pay attention to fundamental developments, consider taking profits on short positions near the top, and wait for a rebound to build new positions. The daily chart remains in a sideways upward movement, but the upward momentum is still weak. Signs of a top are emerging; wait for a rebound confirmation. Focus on rebound activity t

Short-term and medium-term trading are very straightforward; they rely on changes in market indicators as the basis for decision-making and support. There's no need to pay excessive attention to news or to force-fit historical information to predict upcoming similar news events to guide your trades. The more complicated the information you receive, the more fragmented your thinking becomes, leading to hesitation and fear, making you feel every day that going long or short is uncertain, falling into self-doubt, and causing endless opportunities for short-term trading to slip away. Trading is ul

Many times, impulsive trading is not just about entering the market casually, but about taking a large position impulsively, and then when the market moves in the opposite direction, the trader's mindset starts to explode.
(1) We can set a limit on each trade's position size, such as a maximum loss of 1%-2% of the principal per trade. No matter how optimistic we are, we cannot add to the position beyond this percentage.
(2) Never add to a position just because you want to "recoup losses." Losses are part of trading. If you're wrong, admit it. Don't think about making it back with the next trad