Several domestic traders I care about have stopped updating I often think about whether trading cryptocurrencies has no future, or if everyone has their own aspirations I believe that I am doing very poorly, but I will get better I am sure that one day I will leave trading and only deal in spot I currently have no outlook on the application of the cryptocurrency industry; I can't imagine it, as cryptocurrency is just superficial for now However, those institutions and consortiums will one day use cryptocurrencies or derivatives to reprice the world This is certain and cannot be stopped As for whether this is a good thing, it is left for future generations to define.
$BTC Since April, there has been no effective pullback to the 0.382 to 0.618 range, which can be considered an unsupported rise. In this structure, the upward segments far exceed the downward segments, with strong buying from holders of over 100 coins. Short-term investors are gradually exiting, and the accumulation of shorts is also increasing with rising prices. On a monthly level, the amplitude of the bullish candles is continually setting new records. I wonder if this is the final stage of Wall Street accumulating a major market trend, a doomsday carnival before the world descends into chaos.
I have mentioned before that there may be market trends that exceed our understanding, so the more we encounter such situations, the more precise the trading points need to be, and the more reasonable the stop-loss plan should be. Do not pay attention to the chaotic and emotional calls in the square; terms like 'bulls' and 'bears' sound like they lack intelligence. Whether ETH returns to 2,000 or goes to zero is irrelevant to me now. Many people talk about trading against human nature, but they ignore that this square system is a manifestation of human nature. As long as you wander here for a long time, you will definitely lose all your capital and time.
$BTC Just to clarify, short positions can be taken, take profit around 50% of the big bearish candle in one hour, roughly around 88000 1. If it doesn't break above, you can short, it will plummet 2. If it breaks above and fills the entire bearish candle, consider going long at 88000
良佑
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$BTC Isn't this giving an opportunity to get on the bus? There aren't many clear opportunities for stop-loss like this, right?
$BTC Added a condition, if 89500 successfully breaks through and stabilizes, it can continue the bullish trend. If the top model fails to break through, then reverse to short and wait for a new low.
良佑
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$BTC Do not short, if 86000 can hold today, bullish target levels 95000 98000 102500 If it cannot hold, forget I said anything
Remember in 2023, during Japan's interest rate meeting, the speculation was also about interest rate hikes. The market generally believed that the probability of a rate hike was very high. The interest rate meeting that was supposed to start at 1:30 PM that day was inexplicably announced to be postponed by 30 minutes, and finally, close to being postponed by an hour, it was announced that there would be no rate hike. I am not suggesting that this time will be the same situation, but you must always recognize the risks you can bear and not overly bet on news to go long or short.
$BTC actively buying a set, this wave's bottom interval time is running out, if you want to wait for a lower position, I have also placed an order at 86300, the probability of directly breaking a new low is not high, the rebound is still missing the last transaction. $ETH 3050 to 3075 is a significant market protection behavior, the strong period is not over yet, but it will be more normal than Bitcoin next.
Every day when I open Binance, there are several welfare guys and welfare sisters following me. My following list easily has tens of thousands or even hundreds of thousands. I'm afraid of being retaliated against if I block them, but keeping them is disgusting.
Leave me alone, this little calamity, let me give you a treat.
$BTC Next week we still need to prioritize going long. The previous three long positions were stopped out, and I hope this time it won't happen. Pay attention to whether there will be a drop on Monday next week; it could be a good opportunity to go long. The promised 100 fan trading tips will be posted next week, which are very practical.