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Newbie's Guide to Position Management in Crypto ⭐ If you're a gambler, love to YOLO, thrive on wild swings, crave excitement, and enjoy the quick rush, you're probably not too concerned about position management; ⭐ If you're drowning in debt and getting daily reminders from online lenders, you likely don't have the patience to learn about position management; all you're chasing is the dream of sudden wealth and fantasy. ⭐ If you're a seasoned bag holder who's really felt the pain of losses, been wrecked by the market, and experienced multiple liquidations, you probably already have a sense of position management and experience. ⭐ Most of the casualties in this market aren't due to failed strategies or poor skills, but rather from mistakes in position management, whether it's over-leveraging or adding to losing positions.
🙏 Used to organize and summarize learning notes in the crypto space, trading psychology, and access to various resources. Crypto Basics: 🎁 币圈小白仓位管理法 🎁 交易书籍推荐 🎁 关于补仓的一些建议 🎁 新手小技巧:如何确保开仓100%挂单成交节省手续费? Trading Psychology: 🎁 秋言秋语第一期 🎁 秋言秋语第二期 Trading Improvement Teaching: 🔥 交易提升教学:Pin-Bar交易策略 🔥 交易提升教学:价格行为&谐波形态(一)BAT蝙蝠形态
$TIA The broad market has become boring. Now the行情 is that everyone does their own thing—everyone grows on their own, the market as a whole lacks a narrative, the pace lacks unity, weeds are everywhere, and rivalries fight among themselves. In the chaos, occasionally some妖币 appear; there’s plenty of “pig’s knuckle rice” and very little “Tang Seng’s meat.”
$BTC $ETH The smaller timeframe, big pizza and ether have both reached key positions. Wait for a breakdown (meaning: the current key multi-top neckline support for BTC and ETH isn’t worth playing long here). 🥘 BTC 60700-61200, consider adding longs again Long orders: take profits in batches at 62500-61200-60700 🥘 ETH 1656-1681, consider adding longs again Short orders: take profits in batches at 1750-1710-1695
$ETH Having gone through many fakeouts with volume, the stop-loss defense from 1840–1850 hasn’t been triggered yet. We still maintain the possibility of a potential triple-top structure (and even a quadruple-top). Once 1750 is broken, the probability that the pattern completion is valid will increase significantly. As for the opportunity to unwind short positions in the current consolidation, you can prioritize reducing exposure and closing out. For shorts that were held at 1790–1830, you can still keep the position and defend at breakeven, or place a stop-loss defense at 1840–1845.
As for Bitcoin (the big coin), its volatility is relatively larger. It currently maintains a higher-top posture, which aligns with the earlier logic that BTC starts to show stronger performance than ETH. 62400–62500 is the trend-observation support area. If it breaks down, the outlook turns weaker. Overhead resistance is at the larger level of 65500–66300. Every time the market makes a major swing, it’s a test of how well you manage your positions.
Remember: after your position is in floating profit, every support/resistance level is a spot for staggered profit-taking. Don’t be greedy—greed means you’ll never break even!
$ETH Having gone through many fakeouts with volume, the stop-loss defense from 1840–1850 hasn’t been triggered yet. We still maintain the possibility of a potential triple-top structure (and even a quadruple-top). Once 1750 is broken, the probability that the pattern completion is valid will increase significantly. As for the opportunity to unwind short positions in the current consolidation, you can prioritize reducing exposure and closing out. For shorts that were held at 1790–1830, you can still keep the position and defend at breakeven, or place a stop-loss defense at 1840–1845.
As for Bitcoin (the big coin), its volatility is relatively larger. It currently maintains a higher-top posture, which aligns with the earlier logic that BTC starts to show stronger performance than ETH. 62400–62500 is the trend-observation support area. If it breaks down, the outlook turns weaker. Overhead resistance is at the larger level of 65500–66300. Every time the market makes a major swing, it’s a test of how well you manage your positions.
🎙️ Good evening⁶⁶⁶. A lone leaf boat lands on the sandy shore; with a pole but no water, coming and going is difficult. When great rain comes and the rivers and lakes overflow, there’s no need to strain—just let it go back and forth.
$ETH Having gone through many fakeouts with volume, the stop-loss defense from 1840–1850 hasn’t been triggered yet. We still maintain the possibility of a potential triple-top structure (and even a quadruple-top). Once 1750 is broken, the probability that the pattern completion is valid will increase significantly. As for the opportunity to unwind short positions in the current consolidation, you can prioritize reducing exposure and closing out. For shorts that were held at 1790–1830, you can still keep the position and defend at breakeven, or place a stop-loss defense at 1840–1845.
As for Bitcoin (the big coin), its volatility is relatively larger. It currently maintains a higher-top posture, which aligns with the earlier logic that BTC starts to show stronger performance than ETH. 62400–62500 is the trend-observation support area. If it breaks down, the outlook turns weaker. Overhead resistance is at the larger level of 65500–66300. Every time the market makes a major swing, it’s a test of how well you manage your positions.
For Ethereum, the resistance zone 1800-1830 is a short-term shorting area. Start taking profit and reducing positions in batches from levels like 1770, 1739, etc. If 1845 breaks through, take it as a stop-loss. Keep a small position and trade in short-term waves; don’t overcommit.
The ETH/BTC exchange rate has tested key resistance, and it’s likely to pull back. Compared to Ethereum, Bitcoin (big BTC) has become slightly stronger (rising more, or falling more slowly). If you have to choose between shorting BTC or ETH, start by prioritizing ETH. For shorting BTC/ETH, short BTC in the resistance zone shown on the chart. The stop-loss distance can only be widened; use a smaller position with wider stop-loss. Set the stop-loss above 64200. Taking profit and reducing in batches can be done around 62400, 61809, and 61200.
For short positions that are currently underwater, you can continue holding and wait. If you have a stop-loss, follow the same rules as above.
Don’t consider going long BTC above 60700 Don’t consider going long ETH above 1660
🚨 Don’t open BTC and ETH positions at the same time—remember! 🚨 Don’t chase longs at high levels below the resistance zones; don’t add longs.
For Ethereum, the resistance zone 1800-1830 is a short-term shorting area. Start taking profit and reducing positions in batches from levels like 1770, 1739, etc. If 1845 breaks through, take it as a stop-loss. Keep a small position and trade in short-term waves; don’t overcommit.
The ETH/BTC exchange rate has tested key resistance, and it’s likely to pull back. Compared to Ethereum, Bitcoin (big BTC) has become slightly stronger (rising more, or falling more slowly). If you have to choose between shorting BTC or ETH, start by prioritizing ETH. For shorting BTC/ETH, short BTC in the resistance zone shown on the chart. The stop-loss distance can only be widened; use a smaller position with wider stop-loss. Set the stop-loss above 64200. Taking profit and reducing in batches can be done around 62400, 61809, and 61200.
For short positions that are currently underwater, you can continue holding and wait. If you have a stop-loss, follow the same rules as above.
Don’t consider going long BTC above 60700 Don’t consider going long ETH above 1660
🚨 Don’t open BTC and ETH positions at the same time—remember! 🚨 Don’t chase longs at high levels below the resistance zones; don’t add longs.
The exchange rate has touched a major-level resistance zone. After that, it is likely to pull back. Reflected in price, Bitcoin (BTC) relative to Ethereum (ETH) has become slightly stronger in the sense that BTC either has gone up more, or drops more slowly. Some whales who trade FX-rate/ratio swings typically sell ETH consistently and buy BTC. If you trade FX-ratio contracts, you can try entering an ETH/BTC short position near 0.0286.
The exchange rate has touched a major-level resistance zone. After that, it is likely to pull back. Reflected in price, Bitcoin (BTC) relative to Ethereum (ETH) has become slightly stronger in the sense that BTC either has gone up more, or drops more slowly. Some whales who trade FX-rate/ratio swings typically sell ETH consistently and buy BTC. If you trade FX-ratio contracts, you can try entering an ETH/BTC short position near 0.0286.
A common misconception about ETH, and a concise look at the latest Ethereum roadmap
First, let’s talk about a common misconception regarding ETH: In the POW era, ETH did not have an issuance mechanism—only POS did issuance through staking rewards. Many newb friends and some old ‘weed’ (veteran investors) have misconceptions about Ethereum’s current issuance mechanism. They subjectively attribute the current weakening ETH price to the transition from POW to POS, believing that the change introduced an issuance mechanism, while ignoring the deeper reasons—it's simply due to market cycle rotation and a whole series of underlying factors. Both POW and POS have an issuance mechanism (i.e., the protocol issues new ETH according to the rules). The difference is only this:
🌀 Beginner Cognitive Education: What Profit Do Binance Square Copy Trading Managers Earn?
According to Binance CopyTrading’s official FAQ:
Spot Copy Trading: Copy traders can earn 10% profit share (10% of the profits made by the follower) 10% trading fee commission (10% of the follower’s trading fees)
Futures Copy Trading: Copy traders can earn Up to 30% profit share 10% trading fee commission
Settled once every Monday.
You can understand it like this: even if the copy trader fails to make money for others and the follower ends up losing money, as long as the copy trader frequently opens positions with large size and “scrapes” trading fees, they can still receive a considerable amount of fee rebate every Monday (the rebate does not require registering the person; it counts for all followers).
So when you copy trade, make sure you understand the details, know the risks, and choose freely—plan for the worst-case scenario. Never put your entire net worth into the hands of a stranger. The amount you copy trade should ideally not exceed (10%) of your assets.
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$SKHYNIX Binance’s US stock futures charges are no different from some shady knockoffs when it comes to “chewing people up but not spitting out the bones.”