潜龙勿语

Underlying transaction logic and operating rules
1. Main transaction logic
1. Extreme point operation: By calculating the extreme long and short points of K-lines at different levels, key support and resistance positions are determined, and operations are strictly performed at these positions to avoid opening orders at intermediate positions, which may lead to emotional imbalances caused by fluctuations in prices. Even if the specific liquidation point is not determined, the strategy is still based on the high probability liquidation position to select reasonable positions for replenishment and operation.
2. Independent K-line system: abandon conventional K-line analysis and adopt a special K-line system to identify the main support and resistance of the market. The larger the level, the thicker the chips, the more obvious the effect, which helps to judge the market trend more accurately.

1. Deep Transmission of Macroeconomic and Crypto Liquidity Environment

【Analysis Insight】 The global macroeconomic environment is currently in a complex state of sticky inflation coupled with resilient employment, creating a double-edged sword effect on cryptocurrency market liquidity. Recent data shows that the U.S. ADP employment numbers for March exceeded expectations with a growth of 62,000. At the same time, the core PCE inflation rate remains high at 3.2%. This data combination has dampened the traditional financial market's expectations for a rate cut by the Fed in the short term, which typically pressures risk assets. However, Bitcoin has surprisingly surged past the $80,000 mark amidst this backdrop. This indicates that the pricing power of crypto assets is briefly decoupling from traditional interest rate expectations, being primarily driven by structural inflows from spot ETFs. The ETF investor community (including funds entering through wealth management channels like Morgan Stanley) has shown insensitivity to short-term macro fluctuations, viewing it as a hedge against the long-term dilution of fiat purchasing power.