Daily Market Analysis in the Crypto Space (12.10) Summary: 1. Currently, a total of 4 long-term short positions have been established, and with an additional Ethereum position, the long-term shorts will be fully established. 2. The positions in the copy trading system are a bit unusual, and no swing trades will be made for a while; the trend trading order points will be more extreme. Once the long-term short position in Bitcoin is closed, things should return to normal. 3. Even if the US stock market closes up today, it’s just a rebound. 4. The judgment regarding the exchange rate of Ethereum against Bitcoin is still fairly accurate; after the adjustment, there will be a second phase of upward movement. 5. Similar to the last bull market, this bull market is also likely to end in the form of a large volume pin bar. 6. Regarding the long-term cycle 7. Time will prove everything.
Operations: 1. For position $BTC , close 1/3 at 84000 for break-even, close 1/3 at 79000 and adjust the stop-loss, close fully at 74000. Observe the rebound situation around the 74000 level; it may be wise to keep a portion of the base position to continue betting downward.
2. For position $ETH 3820, place a short order. Considering the recent occurrences of stop-loss hunting, it’s advisable to split the orders to short between 3820-3880, with an average price around 3860 and a stop-loss at 3910.
3. For position $SOL , close half at 162 for break-even, and close fully at 130. Close half at 162 for break-even, and close fully at 130.
Daily Market Analysis in Crypto (12.05) Summary: 1. Currently, there is a daily level upward movement starting from 52500, with its last upward movement at the 4-hour level. In last night's analysis, it was mentioned that there might already be a 4-hour upward movement in progress, and any one of the three conditions being met would confirm it. Additionally, as early as November 21, I indicated that a downward movement at the 4-hour level would begin below 100,000, and after this downward movement is completed, there will be another upward movement at the 4-hour level. If I must say something, I can only express that the urgency of this upward movement was beyond my expectations. 2. The Nasdaq is facing significant resistance near the 20000 round number; this position is undoubtedly the peak of the Nasdaq. 3. Due to liquidity issues, the A-shares need to wait for a drop in the US stock market to reach their peak. 4. The points over the past month have indeed been inaccurate, but from the perspective of the structure in the theory of cycles, it is still relatively clear. Currently, it is below 110,000 and is about to start a downward movement at the daily level. This is not a 4-hour downward movement, but a daily level downward movement. 5. Today's market is roughly equivalent to the market on November 8, 2021. 6. There are four details worth noting. 7. The exchange rate of Ethereum against Bitcoin will go through two phases of catching up; the first phase should have already ended.
Operations: 1. Sell short for account $BTC at 84000, close 1/3 at 79000, and close all at 75000. Observe the rebound situation at the 75000 line, and you may also leave a portion of the base position to continue betting downward. 2. The exchange rate against Bitcoin for account $ETH has not yet ended; do not consider shorting. Wait until the Ethereum to Bitcoin exchange rate reaches above 0.05, then you can short Ethereum. 3. For account $SOL , place a sell short at 241.8 with a 5 dollar stop loss. If it breaks, place a new order at 256.5 with the stop loss at the previous high. The target may be set relatively deep, do not set a take profit for now.
I traded in cryptocurrencies: In two years, I made 20 million from 50,000 yuan. After many ups and downs, these experiences... Trading experience 1. Divide your funds into 5 parts, and only enter one-fifth each time! Control the stop loss of 10 points. If you make a mistake once, you will only lose 2% of the total funds. If you make a mistake 5 times, you will lose 10% of the total funds. If you are right, set a stop profit of more than 10 points. Do you think you will be trapped? 2. How to improve the winning rate again? In short, there are two words, follow the trend! Every rebound in the downward trend is tempting to buy more, and every decline in the upward trend creates a golden pit! Do you say it is easier to make money by bottom-fishing or buying low? 3. Don't touch individual coins that have skyrocketed in the short term. Whether it is mainstream or copycat, there are very few coins that can go through several waves of main rising waves. His logic is that it is difficult to continue to rise after a short-term surge. When the market is stagnant at a high level, it will naturally fall if it cannot be pulled up in the later stage. It is a very simple truth, but many people still want to take a gamble. 4. MACD can be used to determine the entry and exit points. If the DIF line and DEA form a golden cross below the 0 axis, once the 0 axis is broken, it is a steady entry signal. When MACD forms a dead cross above the 0 axis and then runs downward, it can be regarded as a signal to reduce positions. 5. I don’t know who invented the term "covering positions", which has caused many retail investors to fall and suffer heavy losses! Many people make up for their losses more and more, and the more they make up, the more they lose. This is the most taboo in currency speculation, which puts themselves in a dead end. Remember never to cover your position when you are losing, but to increase your position when you are profitable. 6. The volume and price indicators are the first to bear the brunt, and the trading volume is the buying soul of the currency circle. Pay attention to the large-volume breakthrough of the currency price at the low level of consolidation. 7. Only do currencies with an upward trend, so that the chances of winning are the greatest and time is not wasted. 3-day line turns upward, indicating short-term rise; 30-day line turns upward, indicating medium-term rise; 84-day line turns upward, indicating main rising wave rise; 120-day moving average turns upward, indicating long-term rise 8. Adhere to review every game, check whether the currency holding invitation has changed, technically check whether the weekly K-line trend is consistent with the judgment, whether the direction has changed, and review the trading strategy in time
If $BTC cannot fall, it means selling has dried up. When it rises, it needs to be driven by buying. If no one buys or sells, it means shrinking and trading sideways. There is a huge hand behind this market. At every key node, true and false news will be released to pull up the market. Coupled with the halving and bull market expectations, there is a lot of reluctance to sell, so the market can be pushed forward until the buying is exhausted. It ended naturally. The worst trend is that when the advance reaches near the previous high, it can no longer be pushed forward, forming a very bad form such as a triple top. The market looks very hot, and the money-making effect is much worse. #BTC #热门话题