加密宝藏

[I wrote a long article, the number of words is limited, please see the screenshots for the second half]
I started to resume trading gradually. This time I was ill and rested for more than half a month. I read a lot of Buddhist books at home. When I started trading again, my state of mind changed a lot. I will share some of them with you briefly, hoping that it will be helpful to you. In the past, when I discussed and communicated with friends who were doing trading, my friends often talked about "cultivating the mind" and the improvement of "state of mind" will become more and more important in trading in the middle and late stages. But at that time, I was still focused on the muddy sea of ​​technology. Now looking back at myself in the past, I really have a feeling of seeing flowers in the fog and not knowing the true face of Mount Lu, just because I am in this mountain.

Back to the world of trading again, my personal trading system has also changed a lot.

1. I try my best to get used to trading in large-scale cycles, such as 4-hour level and daily level, and give up the short-term trading in the past. Trading in large-scale cycles requires more patience, because it takes longer to determine and form large-scale trends. Then after finding the "prey" you want to hunt, you need to patiently continue to track this prey until the trend is established before you make a move. In a short time, you may only need to track it for two or three days, and in a long time, you may even need to track it for 5-7 days to determine the formation of a short or long trend. So patience is very important, but please believe me, when you learn the precious ability of patience in the world of trading, your realm will definitely be qualitatively improved. I usually track 3-5 prey at the same time, and I don't recommend more.

After opening a position, the benefits of a large level will also appear, because once a large-level trend is formed, the accuracy and winning rate will definitely be much higher than short-term trading such as 15 minutes or 1 hour. And your position holding process will also be very peaceful and comfortable. The large-level position holding can be as short as three or two days, or as long as four or five days. If you don't want to do the middle band, you can hold the position for longer. So in the process, you should eat, live, and sleep. During this process you only need to take a look occasionally. My advice is to take profits in batches while holding positions, and then continue to follow the trend to push profit protection for the remaining positions, so that you will basically not feel anxious during the holding process.

I took a break for more than half a month. Half a year ago, my heart gave me a warning due to long nights of trading and irregular sleep. After drinking with friends at a gathering, I suddenly woke up with palpitations and aphasia, unable to express what I wanted to say. Later, I went to the hospital for a comprehensive check-up, and since there were no problems, I felt relieved. The doctor said it was likely caused by a temporary lack of blood supply to the heart. This time, I directly experienced left-hand tremors and a disjointed state of mind, with symptoms lasting a day before gradually recovering. After two warnings, I am truly scared.

In the past half month, I have been going to bed early and waking up early every day, and my overall spirit and energy have improved a lot. Whether it's friends doing secondary trading or primary on-chain trading, everyone should have a deep understanding that the biggest toll on the body in this industry comes from long nights and chaotic schedules. The A-shares have working hours and weekends off, but the crypto market operates 365 days a year, 24 hours a day. Sometimes market movements occur during US and European hours, and sometimes during Asian market hours; if you want to catch every market movement, your sleep and schedule inevitably become chaotic and irregular.

I love trading and I love this job, but health and physical well-being always come first; otherwise, everything is upside down and meaningless. In the future, I will only engage in healthy trading within my 'scheduled hours'; anything that happens outside of that, such as major market movements and fluctuations, has nothing to do with me. Trading at the expense of health and life is meaningless; it’s better not to do it.

I also hope that my friends who follow me can take this tweet as a cautionary tale. Having money does not necessarily lead to happiness, but without health, you will definitely not be happy.

Back

Recently I've been quite lazy and adjusted back to a trading state. Let me summarize the recent market situation and my personal trading strategy.

1. Regarding altcoins, it has been previously mentioned that currently OTHERS.D and $ETH , as well as ETH/BTC are all in a large bullish harmonic structure. This harmonic structure has a long cycle and does not mean that a bullish trend will emerge immediately, but from a larger perspective, there is an upward demand after this harmonic structure.

2. For the macro environment this year, whether it’s interest rate cuts or the potential for balance sheet expansion, there is still a bullish expectation for the market. The end of the overall bull market should only officially enter a bear market after this positive expectation has concluded.

3. From early December to early February, the market has experienced 2 months of decline and consolidation. The upcoming bottom recovery period may still take 2-3 months, and unless there are macroeconomic and news-driven stimuli to accelerate the market, a quick transition from this consolidation is unlikely. If this consolidation lasts for another 2 months, retail investors will again become numb. However, this kind of consolidation is positive for future bullish expectations; if the major players have another significant rally, it will require some time for consolidation to accumulate positions. [The horizontal length is as long as the vertical height]

4. Currently, $BTC has not yet eliminated the risk of decline on the daily chart, and it may see another rise before delving down again. Recently, many altcoins have been breaking through the narrow range consolidation zone over the past week, and when $BTC rebounds to a high point and then consolidates down again, it may be worth considering a major altcoin swing trade here.

From the principle of reflexivity in the market, I remember that in July last year, many KOLs were shouting that the market correction had ended and the altcoin season was coming. As a result, the market faced a major decline on August 5, followed by continuous fluctuations and declines in September and October, until early November when many altcoins surprisingly fell below the cycle low again. However, just when everyone was in despair, the altcoins suddenly experienced a month-long explosive bullish cycle, with some strong altcoins reaching a historical new high for this cycle.

This January was strikingly similar, as many KOLs were in agreement that the correction was about to end and the altcoin season was indeed coming. This time, I was one of them. Although I don’t focus on the 'altcoin season', I had been predicting a new bullish cycle. As a result, the market dealt a fatal blow to everyone. Looking back to reflect, from July to October last year, I was continuously shorting the market and altcoins. The reason I could exclude external interference was that I solely focused on living in the moment, which means fully obeying the current candlestick chart and complying with the market. If the candlestick chart did not show the initiation of a bullish trend and remained in a bearish phase, I would continue to short at highs. Until early November, when I saw signs of the overall market breaking the bearish trend, I followed the trend and my intuition, entered the market to go long, and then cleared my position in mid-December.

This time, the mistake was in the arrogant prediction of the market and forgetting the 'principle of reflexivity in the market'. The Diamond Sutra says: 'Without dwelling anywhere, one generates the mind.' Maintaining a state of complete presence may lead to a transcendent wisdom and intuition. There is also a metaphor in the investment trading market that the best state for a trader is: 'A prediction without prediction.' Prediction is a kind of obsession; rejecting prediction is also a form of obsession. Completely feeling the waves of the market and complying with the waves is the best state. At this moment, the market is filled with lamentations, countless people have been liquidated to zero, exiting the circle and facing deep losses in spot trading. I do not know in which direction the market will move next; I only feel it, follow it, and comply with it.

Finally, I would like to share a K-line chart of OTHER.D with everyone. After this huge harmonic structure, how the market will move, we will follow together.

Stay present, stay aware, and maintain independent thinking.

I would like to remind you: this kind of large-volume daily pin plunge, the general rebound range of the cottage will reach 50%-60%, and there is really no need to cut losses here. Stay calm, wait for the right side to rebound and stagnate, then sell and wait and see, and then consider entering the market after the second exploration.

I just got up at noon, and I have already bought the bottom and pulled the average price. Now I am basically untied. If I saw it in the morning, I would definitely enter the market with a large position.

This is the K-line chart of 70014824294, which is one of the representative targets of this round of altcoins.
From the chart, we can see that SUI experienced a bullish cycle lasting 159 days from October 2023 to March 2024, and then again a bullish cycle lasting 155 days from August 2024 to January 2024. Currently, it has once again fallen below the bullish cycle moving average.
If 70014824294 fails to regain the bullish moving average during the upcoming rebound on the right side, the altcoin market is highly likely to enter another 3-5 month period of fluctuating decline.
I personally closed all my long positions in altcoin contracts two days ago to protect my losses, as I have been continuously hit with losses over the past half month, and my current spot purchases have also been trapped.
Mistakes are mistakes; respect the K-line, the market is always right. Moving forward, I will follow the market, mainly focusing on fluctuating conditions, without a fixed mindset. At the same time, I will shift to a bearish perspective. The market is not only bullish; there are also bearish opportunities, so be flexible and adaptive. A bull market is a bull market for the bulls, while a bear market is a bull market for the bears.
I anticipate that there will be an overall oversold rebound in altcoins, and I will sell my spot positions there.

The above only represents personal opinions. This is not an investment trading suggestion.

Happy New Year friends.
The horn of counterattack is sounding $ETH

I have been resting these two weekends. Let me briefly talk about today's market.

In the past two days, a large number of cottages have suddenly retreated sharply. Here I will not discuss the situation of $TRUMP in the primary market sucking blood from the secondary market. I will only talk about my personal opinion from the K-line.

At present, $BTC has not fallen back, but a large number of cottages have fallen sharply. Many strong cottages have held the bottom of killing more on January 13. If the second wave of the main rising wave is successfully opened in the future, this is a benign retracement at the cottage daily level.

And $BTC personally thinks that it will consolidate sideways at a high level and then break upward. This is also the best strong way to lead the market to start the second wave of the main rising wave.

Congratulations to those friends who bravely bought the dip.

Open Twitter and the forum, and see many teachers showing their profits from yesterday at 93,000, 94,000, and 95,000 on the $BTC long positions, and telling their followers that they are preparing to go short next.

There is no intention to mock these teachers; maybe I am wrong, and they are right. I just want to say that this is the reason I rarely browse Twitter and the forum. Every day when you open Twitter, you will see: some people are bullish, some are bearish, and others are expecting consolidation.

Trading is a very individual, independent, and lonely endeavor. Only by continuously executing trades according to your own trading strategy and analysis methods can you validate the reasons for your correctness, identify the root of your mistakes, and then continue to improve yourself.

At present, the bottoming situation of each cottage is different. You can pay attention to $BTC C as a condition for the stabilization of the market.
Here, $BTC needs to stand firm at 96000 to completely eliminate the risk of this round of callback. At the same time, this is also the starting condition for the start of a new round of main rising waves.
The action on the K-line is mainly #BTC breaking through 96000 at one time. There is a high probability that there will be another retracement to 96000 without breaking the support, and then continue to rush up. Entering the cottage at this stage is a better entry point [on the right side].

The above only represents personal opinions. Not investment trading advice.

Start accepting more in batches.

The callback has started, please wait patiently for the bottom of the shorts 😎

Let's talk about the current market situation.

This weekend, many altcoins began to fluctuate upward again, and some altcoins started to pull up in advance. At present, the overall trend of altcoins has not been unified, but the bottom repair has basically been completed. It is now the beginning of January. I personally think that there will be another shock to kill more in the next market, and then the second wave of main rising waves will start in mid-to-late January. The later altcoins may be in early February.

As for the extent of killing more before the main rising wave starts again, it depends on the strength of each altcoin and the extent of the oscillation callback of $BTC . Weak altcoins may return to the previous low if they are killed more severely, and strong altcoins will only have a deeper callback.

At present, many altcoins are still in the bottom range. For spot goods, there have been two weeks from December 20 to today for everyone to invest in the bottom. If there is another callback in the near future, it is probably the last good opportunity to enter the market.

The above only represents personal opinions, not investment and trading advice.

$AGLD is really pulling hard 😂
Last night before bed, I saw that it reacted at the support level, opened a long position and went to sleep, set a take profit at the resistance level of 2.58, and just now, I looked and it automatically took profit for me. I just saved a picture, and it closed my position.

I'll wait for a pullback today before entering again. With this kind of pull, it’s likely that this wave may break a new high.

Happy New Year, friends.
Yesterday, while watching Krishnamurti's lecture, I heard a sentence that deeply resonated with me. I want to share it with everyone.
"When you regard a certain part of life as extremely important, you are destroying yourself. Life is whole, not just one part."

In the new year, I wish everyone can achieve their financial goals in the crypto world. But life is not just about trading, speculating on coins, or making money. It also includes family, friends, rest, sleep, and finding joy in oneself.

This range has been adjusted quite a bit; we will gradually start to buy back the half positions of sold counterfeit spot and contract long orders.

On the evening of #babydoge , a friend messaged me on WeChat asking me to chase more. After the callback, I entered the market at the 5-minute support point at the yellow line. If it breaks, I will strictly stop loss, around 1 point for the stop loss.
My first reaction at that time was that the moving averages had a dead cross and were in a bearish arrangement. The spike above the white line is not a new bullish trend, but an attempt to hit the stop loss of those who shorted at the right side of the white line. Those who understand trading know that position well. But I still wanted to take a shot. As expected, this time it would drop even deeper.
There’s no need for many words, just look at the K-line pressure levels and observe more; everything is clear.

Integration of Knowledge and Action, More Long Positions and Fewer Short Positions $CRV #goat