Crypto钟良

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#加密市场回调

A big bearish candle, a thousand troops come to meet! I let everyone hold their short positions, even if trapped, it's only temporary. Has everyone held on? Working overtime on the weekend, I said this week we would drop and test the 80,000 mark twice, and look, it started to drop early in the morning! Last week I mentioned that this market rises slowly and falls quickly, don't be fooled by the rebounds! Whether it's a short at 88,000, 89,000, or 90,000, 91,000, or 92,000, or even 93,000, all have been resolved and profits taken. The shorts at Ethereum 2,900, 2,950, or even 3,050 have also been resolved and profits taken. Share a wave in the comments, where did everyone short? Don’t worry if you don’t have a short position, hit that like button for free, and Zhongliang will share where to continue shorting later! #币安HODLer空投AT

Tonight's market is probably a bit thrilling! If you entered Zhongliang's live broadcast room, you must have made a profit! I said, today don't go for a rebound, focus on shorting, or chase shorts if it breaks down! The live room gave everyone a short at 90500 and 3100, and just now the first target has already been reached, so you must have reduced your position once, right? How does it taste? Come on, for those who have made a profit, boost Zhongliang's popularity, be a brother in spirit! For those who are brothers, come over and give Zhongliang a free like, let's hit 666#比特币VS代币化黄金 .

The market is a bit weak today, there wasn't much rebound during the day, and as night fell, it directly began to fluctuate downwards. I don't know if there will still be an opportunity to enter a long position. On December 5, at 23:00 Beijing time on Friday, the U.S. Department of Commerce will release the U.S. September core PCE price index year-on-year, expected to be 2.9%, previous value 2.9%.

K-line teaching, application of box reversal pattern!

The box reversal pattern is an important technical analysis candlestick pattern that signifies the temporary end of the original trend and the beginning of a new trend. This pattern consists of two key parts: first, the price fluctuates horizontally within a relatively narrow range for a period of time, forming a "box" or "rectangle" consolidation platform;

Secondly, when the price effectively breaks through the upper or lower edge of the box with a strong candlestick (usually a long bullish or long bearish candlestick), it confirms the completion of the reversal pattern. If a box appears in an upward trend and then breaks downward, it indicates that the trend may turn to a decline; conversely, if a box appears in a downward trend and then breaks upward, it indicates that the trend may turn to an increase.

Traders often combine trading volume to confirm the validity of the breakout: the volume should significantly increase during an upward breakout, while a downward breakout does not necessarily require an increase in volume. The reliability of the box reversal pattern is closely related to the duration of the box, the strength of the breakout, and the trend following the breakout. #比特币VS代币化黄金

How is it? Did everyone manage to get in low during midnight? Was it just right? Did you get a long position on Bitcoin at 90900? Did you make some profit again? Ethereum was targeted at 3050, just a little bit off, the lowest was 3064 and then it stopped dropping and went up. The market is fluctuating repeatedly, so we can only make short trades, and the requirements for points are even higher. Yesterday I gave everyone three trades, how much did you make? #美SEC推动加密创新监管

Midnight Market View:

Thursday was a day of shock, even more numb than the hourly three rounds, even more shock and numb! The short position was entered at 93500, and then exited at 92500. Subsequently, a low long position at 91800, reducing the position at 93000, and changing the rest to breakeven loss. Ethereum shorted from 3200 to 3160, then bought back at 3150 to 3200, changing the rest to breakeven loss.

Bitcoin's daily level shows a bullish engulfing pattern, MACD continues to increase volume, KDJ forms a golden cross, and the price breaks through the Bollinger Band median and pushes upward, indicating rebound momentum; there has been a significant rise during the midnight period for two consecutive days, indicating that market sentiment has shifted from pessimism to cautious optimism. On the 4-hour level, all three Bollinger Bands are opening upwards, but the MACD's bullish volume continues to shrink, KDJ shows a death cross downward, and RSI has been oscillating downwards after being overbought at a high level. The 4-hour chart has shown extreme overbought conditions, indicating a technical pullback is needed. However, on the 2-hour level, although the MACD shows a bullish state, the overall price remains below the moving average, with unclear trend signals, and strong resistance near previous high points, requiring volume support for a breakout. No chasing high positions, no chasing low positions, focusing on short-term operations, without getting caught in the pattern.

Mainly low long positions at midnight, with support below at 90900 and 90000; if the 90000 level does not break, the market can still rebound. If it effectively breaks below 90000, the rebound will end, and the short positions trapped on Tuesday will be relieved! The targets above are 92000, 93000, and 94000.

For Ethereum, support below is at 3050 and 3000; if it does not effectively break below 3000, it is just a pullback, and the bulls will continue to push. The targets above are 3150, 3250, and 3350; once there is profit, reduce positions in batches, then change to breakeven loss. #比特币VS代币化黄金

The market is fluctuating and repairing, so we can only go high on short positions and low on long positions, everyone participated! In the afternoon, Bitcoin was shorted at 93500 and 3200, making gains down to 92500 and 3160, small gains of 1000 points and 40 points. In the evening, I called for a long position at 91800 during the live broadcast, and everyone entered Ethereum at 3150, currently making another gain of 1000 points and 50 points. There's no choice, just running short positions to recoup losses! Those who didn't join the live broadcast should hurry, I'm guiding everyone to run short positions and recoup first, high short positions need to wait for opportunities! #比特币VS代币化黄金

The short position for short-term trading has been reduced as planned, with a short position for Bitcoin at 93500 and Ethereum at 3200. Following the plan, I will gradually reduce my position downwards. I won't place any long orders for now; we need to observe the pullback to test the support situation. The live broadcast has already started, so those who haven't joined yet should hurry! The invitation code for discounted registration fees is ZL168. For those in need, remember to fill it out! #币安区块链周

What is the biggest detour you have taken in your trading career?

The detours in a trading career are actually essential paths; trading cognition is gradually accumulated through constantly making mistakes and correcting them in the process of trading.

Only after taking the detour of random trading did I understand the need for a trading system;
Only after taking the detour of holding onto losing positions did I understand the need for stop-loss;
Only after taking the detour of going all-in and getting liquidated did I understand the need for position management;
Only after taking the detour of running after small profits did I understand the need to recognize and run with profits;
Only after taking the detour of short-term trading in small cycles did I understand the need for longer cycles;
Only after taking the detour of frequent trading did I understand the need for low-frequency and slow-paced trading;

Strong trading cognition comes from the detours taken; mature traders must have experienced all the detours in trading. There are no detours taken in vain; the difference lies in the fact that some people understand after one detour, while others do not understand even after many detours. #币安区块链周

Haha, with just this little fan base, it's been over two years, and I still haven't managed to get a yellow V on the square, yet I have advertisements promoting me now. I really can't afford to waste anyone's time; with my limited capabilities, I dare not take it on! If you haven't registered with an invitation code, you can register using the invitation code, and the handling fee is discounted! Invitation code: ZL168

K-Line Teaching: Trumpet Pattern

The trumpet pattern, also known as the expanding pattern, is a technical analysis figure that indicates a potential reversal in market trends. It consists of a series of price fluctuations with continuously expanding highs and lows, resembling a trumpet bell that spreads outward.

Its core characteristics are: after the price reaches a new high, it will be followed by a new low, and each fluctuation's amplitude is greater than the previous one, reflecting extremely unstable market sentiment and severe disagreement between bulls and bears. Trading volume typically increases when the price fluctuation reaches the edge of the pattern.

This pattern is commonly seen at market tops; once the price effectively breaks through the lower boundary of the pattern, it often indicates the end of an upward trend and the beginning of a downward market. #币安区块链周

Midnight Market Insights:

Originally, I was out drinking at night, but the market was fluctuating wildly, and the alarm kept ringing. I really couldn't ignore it, so I immediately came back to do a live stream and chat with everyone. I learned that many who shorted yesterday have not yet been stopped out and are still holding on. It’s been tough, really tough. But fortunately, the liquidation is still far away, and the position control is very good, which is something to be grateful for. The short positions from yesterday were stopped out, and there’s no denying that. Intraday, I wanted to catch a low long, but unfortunately, the market didn’t give any chance for a pullback. Personally, Zhongliang definitely hopes for a big drop in the market so that everyone can relieve their short positions and make profits, but everything still needs to return to the chart and rationality. At any time, rationality must prevail over emotion!

In the 4-hour Bitcoin chart, although there was an inverted hammer candlestick at 93932, followed by a doji and a long shadow bearish candle, the price is not too friendly to the bears. Currently, the upper band of the Bollinger Bands is still opening upwards, so it’s not yet the right time to short; the market lacks basis. After all, everyone is not in an infinite bullet mode, and Zhongliang cannot let everyone repeatedly make mistakes and suffer losses. The bullish MACD energy is starting to shrink, the KDJ is about to form a death cross with the three lines converging, and the RSI, after being overbought at a high position, is currently flattening out. The bears still lack strength in the market, so shorting is not advisable.

As for chasing the rise, this position is too high, and with the market not pulling back, it’s also not good to chase. On Monday, the market crashed, killing the bulls; on Tuesday, it rallied, knocking out the bears; on Wednesday, there were frequent spikes at high levels, resulting in sideways fluctuations. This makes it difficult for both bulls and bears to enter the market. Chasing the rise is too aggressive, and there’s genuine concern about a pullback, which would be painful for long positions. However, with so many bears trapped, the manipulators are reluctant to let them out and won’t let it drop quickly. It’s not good for short positions either. My midnight perspective is to remain cautious and maintain the morning's thinking—waiting for low longs rather than chasing the rise! If I wake up to find the market has weakened during a pullback, then I will consider adjustments at the low long position.

For Bitcoin, pay attention to the daily K middle track support around 90200; secondly, the 4-hour level middle track support around 89300, and observe and consider low longs around here. For Ethereum, the support below focuses on the daily K middle track around 2980, and secondly, the 4-hour level middle track support around 2930. Wait for a low long test here, then participate on the right side.

The market is in a sideways fluctuation. On Monday, there was a significant drop, and on Tuesday, a deep V-shaped recovery occurred. The price has returned, but both bulls and bears have been shaken back and forth. At 21:15 tonight, there will be an ADP data release; let's see if the data can break the deadlock. The viewpoint remains the same as at noon; we need to observe the strength of the pullback to determine whether it's a rebound or a reversal. I won't be broadcasting tonight; I'll just have a drink outside. With the market fluctuating like this, I wouldn't know what to say during the broadcast anyway. The viewpoint remains unchanged; we will first observe the situation at the pullback support level. #币安区块链周