The Top Ten Realms of Trading in the Cryptocurrency World, Where Do You Stand?
Level 1: Just entering the crypto market, ambitious and full of passion, harboring dreams of making a big move with 1000U.
Level 2: Obsessed with buying and selling every day, firmly believing in the words of influencers.
Level 3: Gradually realizing that money isn't so easy to make, losing more than earning, and the words of influencers aren't as effective. Thus, starting to learn to analyze news, but later discovering it's all a trap, beginning to doubt value investing.
Level 4: Evolving from a novice to a victim, starting to analyze cryptocurrencies and study technical indicators. Gradually able to make small profits, but most of the time losing, with a chaotic mix of short and long trades. Understanding more and more, but with decreasing capital, starting to doubt oneself.
Level 5: New victims becoming seasoned victims, beginning to have their own understanding of the market, but simultaneously falling into new confusion, easily making self-judgments, unsure of what to do or what went wrong, with a gradually collapsing mindset.
Level 6: Through continuous practice, developing their own trading model, able to earn more and lose less, gradually controlling their mindset.
Level 7: No longer looking at any technical indicators, starting to observe “momentum”, rhythm, and emotions, slowly discovering their own “way”.
Level 8: Having a unique trading model, strict discipline, holding coins without emotional fluctuations, able to move in and out freely.
Level 9: No longer obsessed with the crypto market, treating the crypto space as a fixed profit investment venue, favoring the study of narratives and philosophy. At this point, having understood that investing is the principle of life!
Suggestions for entering the market in a bull market
In a bull market, prices usually rise very quickly, with almost no noticeable and sustainable pullbacks. Many people miss the opportunity to rise, and when they 'fear missing out' and chase the highs, the market often enters a period of consolidation or rapid decline. During the consolidation, they become pessimistic again, ultimately missing the chance for a quick rise once more.
How to make every trade in a bull market well, here are specific suggestions:
Suggestion 1: Stick to spot trading, avoid leverage Stick to spot trading, so you won’t be unable to hold positions due to excessive leverage, or worse, be forcibly liquidated, missing market opportunities.
Partners, let me introduce my little brother @Bitcoin Randy to everyone, a handsome young man born in the 2000s. He often livestreams with me and, as a veteran in the crypto space for five years, he treats trading as a way of life and has gained many insights from it. He has also experienced a major cycle of bull to bear and bear to bull, and is now a full-time trader. He has a good grasp of market trends and can identify popular cryptocurrencies in advance, positioning himself accordingly. His understanding is quite impressive, so follow him as he will also start livestreaming soon, helping you avoid pitfalls during the bull market.
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比特币兰迪
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In just three short days, nearly 670,000 people were liquidated, this market is that cruel. After a week or two of rising, it only takes a few days to fall back to the starting point. Cleaning out leverage during a bull market is a very common operation; only by thoroughly washing out the leverage and the long positions can the market be pushed up later. The market makers will not use their own money to pump the prices; it’s all retail investors' liquidated funds, the money from the 'retail investors' being cut off and leaving the market. Currently, many small coins have diverged from their lows, and have slightly rebounded, but it is still far from enough.
At present, ETH still looks relatively strong, and you may want to pay attention to coins like ENS and ETHFI. When ETH rises, these coins will move along with it. These days, the market has been washed at night and warmed up during the day; during the day, try to execute trades quickly without holding positions overnight. Pay attention to risk management!
Current market sentiment indicates that the upward path for Bitcoin is far from over. The recent sideways consolidation is just a brief pause, and Bitcoin's price is likely to continue pushing upward to refresh records.
Historical data shows that the price fluctuations of Bitcoin have clear cycles. In past bull markets, Bitcoin has experienced multiple pullbacks of 20%-30%, followed by a strong rebound, ultimately reaching new highs.
As for altcoins, they are about to break free from the longest bear market. With the weakening of the dollar and expectations of increased liquidity, altcoins seem poised for a significant rise.
If we compare altcoins to the situation in December 2020, when altcoins fell by 30%, followed by a three-month rebound with an increase of over 400%. Recently, altcoins have dropped by 25%, and if we use historical data as a reference, this could be a precursor to explosive growth.
Follow me for the latest research and consultation in the crypto space.
After breaking through the $100,000 mark, investors' attention has turned to the next price target. Based on comprehensive data analysis, multiple indicators are showing that Bitcoin is likely to reach a new height of $150,000 in 2025.
1. The current Bitcoin price trend is highly similar to past cycles.
2. The market has entered its most explosive phase, which is the fastest period for price acceleration.
3. Throughout historical cycles, Bitcoin tends to enter the red zone of the power law probability model; if this cycle repeats this pattern, it means Bitcoin's price will exceed $196,000.
4. The current macro environment is in the most favorable state since 2021. Bitcoin is extremely sensitive to changes in monetary policy and global liquidity.
5. A continuous interest rate cut is expected in 2025, which will create strong macro support for risk assets.
6. MicroStrategy continues to buy according to its 21/21 plan (aiming to hold 21% of the total Bitcoin supply, with an additional $29.3 billion waiting to be invested).
7. The U.S. spot ETF holdings have exceeded 1.1 million Bitcoins, surpassing Satoshi Nakamoto's holdings, which creates sustained buying pressure.
8. Retail demand for Bitcoin has surged, reaching the highest level since 2020.
9. New funds are driving the current price trend of Bitcoin. Even at $102,000, it is far from bubble levels - it would need to rise another 43% to reach what is typically considered a bubble threshold.
10. Even at the $100,000 level, the pressure to take profits is easing, indicating that selling pressure is cooling off.
Multiple factors are currently highly aligned, indicating that the upward trend will continue. In such a macro environment, Bitcoin breaking through $150,000 will inject strong momentum into the entire cryptocurrency market.
The increase in market liquidity is sure to bring about a more significant upward trend, especially for the altcoin market. In the coming weeks, we will continue to track and share noteworthy altcoin investment opportunities. Image
Five years of experience as a market analyst, adept at grasping market trend changes, and has led fans to avoid peaks and seize bottoms multiple times. Skilled in judging the overall market trend, provided timely risk warnings to fans yesterday. Help me reach 1000 followers, everyone follow @ shiyi2025
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十一
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Hello, brothers, I'm back. I was out on the weekend and didn't update you. I looked at the market, but it didn't pull back in place. I don't recommend trading in this kind of negative decline, so I didn't post it. Let's take a look at the line I drew for Bitcoin the day before yesterday. There was a wave of high-fake artillery in the morning, which was very obvious. It went up and immediately came down. At present, it just stepped back to 98,000 and began to rebound. I have to say that Bitcoin has been doing very well in one hour, but we must prevent it from pulling up to lure more. The upper pressure is 101,521, the middle rail pressure of the channel is 102,945, and the lower defense is 99,000 and 98,000. It is not recommended to trade Bitcoin at present, and the profit space above is limited. Ethereum stepped back to the support level of 3842 given two days ago and began to rebound. I recommend you to do Ethereum, there is space above, and the profit and loss ratio is better. The short-term pressure level is 3978, and the previous high is 4092. Just defend the cost price at the support level, and leave if it falls below. It is recommended to consider entering the market if it steps back to 3842 again without breaking. Sol is currently half dead. If it does not break the box shock, there will be no big market. The upper pressure is currently 235, the upper rail is 245, and the lower support is 222. Well, if this market is to break through tonight, it will touch the previous high, but the follow-up power is insufficient at present. You can consider not doing this high position and wait for another opportunity. Take profit near the pressure level of Ethereum. Tomorrow Microsoft will hold a meeting to decide whether to invest in Bitcoin. At this time, there will be no big moves tonight. At most, it will be pulled up to lure more pins, and then tomorrow's positive rebound will be harvested. Everyone remember to pay attention to the risks. If you like it, please pay attention.
Tokens such as APT, ADA, and ENA will have significant unlocks next week, including:
APT will unlock approximately 11.31 million tokens at midnight Beijing time on December 12, accounting for 2.11% of the current circulation, valued at approximately $160 million.
ADA will unlock approximately 18.53 million tokens at 8 AM Beijing time on December 11, accounting for 0.05% of the current circulation, valued at approximately $22 million.
ENA will unlock approximately 12.86 million tokens at 3 PM Beijing time on December 11, accounting for 0.44% of the current circulation, valued at approximately $12.9 million.
BGB will unlock approximately 5.38 million tokens at 8 AM Beijing time on December 10, accounting for 0.38% of the current circulation, valued at approximately $14.4 million.
IO will unlock approximately 2.11 million tokens at 8 PM Beijing time on December 11, accounting for 1.68% of the current circulation, valued at approximately $7.5 million.
EIGEN will unlock approximately 1.29 million tokens at 3 AM Beijing time on December 11, accounting for 0.61% of the current circulation, valued at approximately $5.9 million.
ACE will unlock approximately 850,000 tokens at 8 AM Beijing time on December 12, accounting for 2.01% of the current circulation, valued at approximately $2.9 million.
Follow me for the latest news and information in the cryptocurrency space.
Bitcoin's upward trend will continue until the end of 2025
Despite weak performance from other major global assets, Bitcoin has still reached a historic high.
In the past month, the price of Bitcoin surged by 32%, while oil prices dropped by 6.3%, the S&P 500 index fell by 1%, and gold decreased by 1%. The rise of Bitcoin relative to other global assets is a positive sign for Bitcoin investors, reinforcing analysts' expectations that the current bull market will continue until the end of 2025—what cryptocurrency traders refer to as the 'excitation phase'.
Bitcoin has entered the excitation phase. This could extend Bitcoin's upward trend until the end of 2025. Based on its correlation with liquidity indices, Bitcoin is expected to reach a 'local top' of over $110,000 by January 2025.
Follow me for more insights and information brought to you by the bull market.
How much do you know about transaction fee rebates?
Transaction fees are the largest cost we incur during trading. Here is an example using the perpetual contract fees of a certain exchange:
Example: Principal 1000u 10x leverage, which is 10000u 10000U * 0.05% = 5u transaction fee For 1 contract: Opening fee 5u, closing fee 5u, totaling 10u. Summary: Assuming 5 contracts are traded per day with 10x leverage, Daily transaction fee is: 10 * 5 = 50u = 350 yuan Monthly transaction fee is: 350 * 30 = 10500 yuan Annual transaction fee is: 10500 * 12 = 126000 yuan
With 20x leverage, it is 20000u 20000U * 0.05% = 10u transaction fee For 1 contract: Opening fee 10u, closing fee 10u, totaling 20u. Summary: Assuming 5 contracts are traded per day with 20x leverage, Daily transaction fee is: 20 * 5 = 100u = 700 yuan Monthly transaction fee is: 700 * 30 = 21000 yuan Annual transaction fee is: 21000 * 12 = 252000 yuan
This is just based on 10x and 20x leverage. If you aggressively use 100x leverage, the fees can be astonishing!
According to the calculations above, the annual transaction fees could amount to several tens of thousands of U, which means what you save is what you earn. If operations are mishandled and you face liquidation, the rebate on transaction fees can give us a chance to make a comeback!
Do you understand? Got it? If you don't understand, feel free to ask me.
The Federal Reserve enters a regular quiet period, CPI data may rekindle rate cut suspense
This week, the highly anticipated U.S. November non-farm payroll data was better than expected, but not hot enough to prevent the Federal Reserve from cutting rates again later this month.
The market has raised the probability of a 25 basis point rate cut in December to around 90%. Meanwhile, an increasing number of Federal Reserve officials tend to favor cautious rate cuts. The U.S. inflation data in the coming week is the only significant data that could shake the Federal Reserve's expectations for a rate cut in December. After the data showed that the U.S. labor market remains strong but also shows signs of slowing, it seems that Federal Reserve officials are likely to cut rates this month, but the debate about possibly pausing rate cuts next year has already been brought to the table.
Here are the key points the market will focus on in the new week:
Monday 9:30 AM, China November CPI year-on-year;
Monday 11:00 PM, U.S. October wholesale sales month-on-month;
Tuesday 12:00 AM, U.S. November New York Fed 1-year inflation expectations;
Wednesday 9:30 PM, U.S. November CPI and core CPI;
Thursday 9:30 PM, U.S. initial jobless claims for the week ending December 7; U.S. November PPI year-on-year and month-on-month;
Friday 1:00 AM, Federal Reserve releases account funding flow for Q3 2024;
Friday 9:30 PM, U.S. November import price index month-on-month.
Follow me for more information about the bull market.
Recently, I have often communicated with @YuchenWeb3 about cryptocurrency information. He often joins me for live broadcasts. As a seasoned trader, he has a strong ability to seize opportunities and frequently recommends short-term wealth secrets. I would like to introduce this good brother of mine to everyone, and I hope you all pay attention to him. Let me introduce @Yuchen: He has gone through several rounds of bull and bear market transitions and is very experienced. He is also a post-90s individual and currently works full-time in trading and blockchain planning. He has a keen sense for market trends and is skilled at selecting quality altcoins for long-term investments as well as short-term contract trading. He has his own unique trading strategies and deep insights into position management and rolling positions. He often researches cryptocurrencies at Binance Square, shares experiences, teaches techniques, etc. Follow him, as he will also start live broadcasts later, which can help you avoid more detours in a bull market.
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宇辰web3
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Woke up this morning to the drop of BTC Seizing the opportunity of the dip, boldly bought the bottom Let’s talk about a few orders I placed Entered Ethereum at 3770, peaked at 3930 Entered LDO at an average price of 2.06, peaked at 2.2 Entered SOL at 238, peaked at 247 Entered jup at 1.34, peaked at 1.41 Entered tnsr at 0.75, peaked at 0.84 All orders hit the short-term profit target exactly, without exception I mentioned during the live broadcast at Binance Square yesterday, In a bull market, pullbacks are very quick Typically rebound within the day, and bull markets often have spikes Every spike is a great opportunity for you to buy the bottom!