Gold Morning Commentary 17/07
The hourly chart shows a breakdown of the downtrend, with several key support levels breached. Bearish momentum from MACD continues to strengthen, and the RSI has entered oversold territory. The current rebound is only a technical correction; the overall downtrend remains unchanged. When price rebounds to the resistance level, prioritize a short position and watch for the potential for further downside.
After the release of economic data last night, market volatility increased significantly, with continued erratic movement in the morning. Tight stop-loss orders ar

What’s going on?
After leaving Dali, I started losing money—several major coins I opened all hit my stop-losses 😭
Next, I’m planning to buy the dip again and rebuild my positions. Just now, Micron $MU dropped to the level I had targeted, and I got carried away and added to my position.
Also, SanDisk is preparing to buy the dip around 1300 together with Teacher Tony. Below 1300, I placed a heavy order; I should be filled today.
My flight is about to take off right now—I hope that after I land at noon, I’ll see the filled positions I got 🥹

#ETH站稳1900美元
ETH has settled above $1,900 for the first time since early June, up over 3% in 24 hours to around $1,927. BTC is consolidating near $64,800, while the ETH/BTC ratio hit a 3-month high of 0.0297, signaling a continued rotation from BTC to ETH. Two key catalysts: U.S. June CPI and PPI both came in below expectations for two consecutive days, cooling rate hike fears; Morgan Stanley filed for a spot ETH ETF, driving institutional inflows. ETH's rebound started from the $1,730 low on July 9 and has gained roughly 11% since. The next key resistance sits near $1,950.
ETH’s move above

7/17 Wishing all my brothers and sisters to flip their positions, get rich, and make more U：
ETH contract strategy market analysis：
1. Risk long: go long around 1862; take profit at 1878; stop loss at 1852;
2. Long: go long after 1855 holds; take profit at 1875-1885; stop loss at 1850;
3. Short: “long” at 1892; take profit at 1865-1852; stop loss at 1906;
4. Short: short around 1885; take profit at 1860-1855; stop loss at 1891;
Note: 1. For all orders, reduce 5-10 points for fees, move to break-even with a trailing/breakeven stop, and continue holding!
2. The strategies above only represent pe

$ETH 50 Before you added to your position, where did the previous one go—looks like it got wiped out because of your dad. And the opening price even got pumped all the way to 57—insane.

JUST IN: Strong fundamentals seem to ignite selling in tech as AI capex timelines are reassessed; TSMC’s elevated capex guidance didn’t lift peers, with major US tech names trading lower this morning. $TSM $NVDA $META $AMZN $GOOGL

JUST IN: US airstrikes against Iran continue for a fifth night, per CENTCOM.
If geopolitical tensions spike, risk-on assets may face volatility and potential flight to safety; traders should watch macro headlines for flow shifts. $BTC $ETH

Tether Gold (XAUT) is trading at approximately $3,983 USD, down 28.8% from its all-time high of $5,594.82 reached on January 29, 2026. This significant correction presents both risks and opportunities for investors and traders.
Why XAUT Has Declined Sharply
The primary driver is the broader correction in physical gold prices. Spot gold fell from above $5,500 to around $4,100-$4,200 per ounce, a decline of 20-25%. Several factors contributed:
Federal Reserve hawkishness: HSBC lowered 2026 gold forecast from $4,864 to $4,560, expecting additional rate hikes. Higher rates increase opportunity cos

$TAO isn’t suddenly weakening in this move—funds have shown signs of weakness at the high levels much earlier. On the surface, the price is still grinding, and many people think it’s just normal consolidation, but what I’m seeing is that the sell pressure above is getting heavier, and each rebound is weaker than the last.
This short position was initiated around 274.6. After it was pushed to 191.2, the current return is +1462.62%. There were fluctuations in between, but each pullback failed to regain and hold the key areas—this is why I’m continuing to hold it.
To put it plainly, what the mark

Challenge 500u–5000u on the 3rd day; manage position size reasonably, steadily, and take trades on very short timeframes. If you’re interested, you can follow along or trade alongside me.

What should I eat in the morning? Beef dumplings I made myself, plus salted duck egg and eggs.

$XAG If you haven’t gone long yet, hurry up and go long.

JUST IN: Morgan Stanley and JPMorgan are lined up to provide $50B in acquisition financing and advisory for PayPal’s potential takeover, with Stripe and Advent reportedly proposing a 50/50 ownership split. $PYPL may face heightened M&A attention.

Polymarket's pUSD stablecoin on Polygon surpasses $600 million in market cap.

#SummerCreationCamp
Gate Square Summer Creation Camp 2026 A Great Opportunity for Crypto Creators
Gate Square has officially launched the Summer Creation Camp, running from July 15 to July 27, 2026, with a total 50,000 USDT prize pool available for verified creators. More than just a content campaign, this event is designed to reward originality, consistency, and valuable market insights while helping creators expand their reach within the Gate Square community.
Whether you focus on crypto markets, U.S. stocks, Hong Kong stocks, prediction markets, or trading strategies, this campaign provide

I slept until I woke up naturally. The feeling the moment I opened my eyes—no need for me to say more—my whole body was just full of two words: so comfortable!
One night: 1,000 points of Bitcoin, 40 points of Ethereum.
$BTC $GT $ETH

Done, done… but the script is still in my hands ✍️📉
A few days ago, my last look before sleeping—$MRVL the rebound looked lively. But when it went up, nobody came in to take it; the follow-through was lacking, and the long-baiting “flavor” was way too strong. I reminded myself back then not to be fooled by a false rally. The shorting plan around 283.69 was crystal clear 📌👀
Don’t get emotional about profits.
Some money isn’t made by impulse.
This morning, when I opened the order book, I saw the price had already dropped from 283.69 to 184.67. The return rate was +856.26%—and it real

It looks like just a normal pullback, but what really caught my attention is that the rebound strength is getting weaker and weaker. Each time the price tries to push up, it seems increasingly difficult.

My view is that it formed at around $EPIC near 0.4740. This isn’t blindly bearish there. After pressure builds at the high level, the fund flow rhythm clearly no longer looks proactive. Later, when the price moved to 0.4522, the downside room only gradually opened up.

In this position, I’m more focused on observing structural changes rather than constantly getting shaken back and forth by