The market is like this, going back and forth. The day before yesterday it ended in the blockchain, and last night it surged back. The big coin also jumped from a drop to 78,000 with a single shout, rising more than 20 points.
This market feels like a toy for SM release. It feels uncomfortable, but who says the market is never wrong?
$BTC broke directly through the 92,500 resistance zone in one go. There is a lot of short-term speculative capital, so we can pay attention to whether it can hold this position. If it holds, we can say it has surged back.
Latest news, it is said that the Americans are preparing to promote the development of digital currency, using BTC, SOL, XRP, and other currencies as reserves
The mechanism of Binance's RED limit on pre-market gains, the first one has some meat to eat.
But other liquidity is too poor, in the pre-market you can only nibble on mosquito meat, the only ones that can increase positions are those with poor expectations and valuation after the market opens.
The difference between the 4% circulating valuation in the pre-market and the actual circulating valuation after the market opens coincides with the emotional recovery period, which can be played with.
This drop didn't touch the bottom, and it preserved profits without a drawdown. Actually, thinking back, if I had the habit of bottom-fishing on the left side, I think I would have experienced a significant drawdown this time. Successfully speculating, along with depreciation, might not yield much profit in the end, and it would be exhausting instead.
Control your hands, just bet on the market you understand, continue to rest and wait.
Recently, I've been thinking about buying a Xiaomi Su7 Ultra, it's really cool! Everyone says Lei Jun's marketing is great, but I feel that Lei Shen truly thinks from the user's perspective, and I'm willing to pay for Lei Shen!
Share some methods and techniques for short-term trading in the cryptocurrency market
1. Technical Analysis Methods
① Trend Analysis: Use daily charts, 4-hour charts, etc. to analyze short-term trends. For example, in an upward trend, look for buying opportunities during pullbacks; in a downward trend, consider selling during rebounds.
② Candlestick Pattern Analysis: Pay attention to common candlestick patterns, such as doji, hammer, engulfing patterns, etc. For instance, if a hammer appears after a decline, it may signal a short-term bottom, which could be a good buying opportunity with a small position.
③ Technical Indicator Analysis: Refer to indicators like moving averages, MACD, KDJ, etc. For example, if the MACD DIF line crosses above the DEA line, forming a golden cross, it may signal a buying opportunity; conversely, a death cross could signal a selling opportunity.
2. Trading Skills
① Position Control: Do not take on too large a position in each trade, generally keeping it within 5-10% of total capital to avoid significant losses from a single mistake.
② Strict Stop-Loss and Take-Profit: Set stop-loss and take-profit levels when entering a trade.
③ Seize Trading Opportunities: Pay attention to global financial market dynamics, major policy news, etc. Trading can also be done during active trading hours, such as from 8 PM to 12 AM, when price fluctuations are large and opportunities are plentiful.
3. Emotional Management
① Stay Calm: Do not let market fluctuations affect your emotions. Avoid being greedy and not selling when prices rise, or being fearful and hastily selling at the beginning of a decline.
② Avoid Blindly Following Trends: Do not blindly follow others in trading; have your own judgment and analysis. For instance, do not just buy because you see someone else buying; think about the underlying logic.
4. Risk Management
① Diversify Investments: Do not concentrate funds in a single cryptocurrency; it's advisable to diversify investments to reduce risk.
② Continuous Learning and Review: Stay updated on industry trends and technological developments, learn new analysis methods and trading skills. Review trades daily, summarize experiences and lessons learned, and improve trading skills.
1️⃣ Don't be anxious, even the A8 and A9 have experienced losses and being stuck, market fluctuations are normal.
2️⃣ Retail investors find it difficult to operate perfectly during sudden market movements, don't let yourself overthink.
3️⃣ Make the worst preparations, keep enough living expenses, ensure basic protection to avoid a distorted mindset.
4️⃣ Don't be too pessimistic, in the long run, the market is still worth looking forward to.
5️⃣ Go out for a walk, get some sun, take a stroll, adjusting your mindset is more important than staring at the screen.
6️⃣ Don't make impulsive trades out of panic, think clearly before acting and trading.
7️⃣ Be cautious with MEME coins that are primarily focused on hype, don't be influenced by posts suggesting making money from A8 and A9, often when everyone is recommending MEME, it's already at the top.
8️⃣ You can keep a small amount of funds to try PVE or interesting MEMEs, but these are rare, and I'll let you know when a good opportunity arises. Spend more time dating, traveling, and enjoying life.
9️⃣ Treat yourself, your family, and those who support you well; there are more important things outside the market.
🔟 Maintain a good mindset; life itself is a practice, and every experience is growth. Practice on things you encounter to build resilience.
A hundred doors to success are not as good as one door to mastery. — A person, throughout their life, is better off focusing on one thing and doing it to perfection.
Harvard University conducted a 25-year follow-up survey of its graduates. The survey found that those who work tirelessly towards a set goal almost all become successful figures in various fields of society.
Those who change direction but not frequently become professionals in various industries and fields, mostly living in the upper middle class of society;
Those without goals, who frequently change industries, often lead unsatisfactory lives and frequently complain about others and society.
In other words, if a person digs deep into one point, and does things to perfection, they will definitely succeed.
1: Clear and long-term goals, ambition, and determination 2: Precise positioning, leading fields, golden pathways 3: Focused, deeply cultivating their industry, becoming top-tier 4: Continuous reflection, extensive hands-on practice, self-updating 5: Circle, seeking an environment conducive to personal growth
The decline of $BTC did not just start in the last two days. Are many people busy trying to buy the dip?
Can the formation of a major trend be fully released so quickly? Not necessarily. As joyful as a bull market can be, a bear market can be just as brutal; this level is simply not enough.
However, in the past two days, BTC and ETH have dropped significantly, yet it seems that many altcoins haven't followed suit. This round of altcoins hasn't really risen, and most have already hit new lows. The script is quite different from before, and it's a bit hard to understand.
Is the rush to buy the dip out of fear of missing future opportunities? Don't worry, there will be plenty of opportunities; just maintain patience and calmness.
The crypto world has never been a gamble; those who make big money have stories behind them
🔔 Behind making big money:
Today, the old folks in the community are lively, cursing the poor market while being envious of those making big money. However, there's always a hint of disdain in their words, thinking that those people are just lucky and have a big gamble mentality. I think this perspective is a bit biased. Those who can make big money in the crypto world and keep it secured don't just rely on luck to get by. Let's not rush to refute this.
1️⃣ Rising from failure, experience is key:
I won’t mention how wild the early days of crypto were; that thrill was much stronger than now. Nowadays, those who have made money and can maintain it never fall into these traps when managing their assets: they don't touch margin trading, they don't randomly chase altcoins outside of Bitcoin, they don't leave their money on exchanges unattended, and they don't spend all day recklessly trying to make quick profits through short-term trading.
These things may sound ordinary, but how would someone who has never struggled in the crypto world understand the nuances? Those who can make big money are experienced experts who have thoroughly understood the market. After getting rich, they can control their impulses, which definitely means they have stumbled before, and they may have suffered significant losses in these traps, with lessons learned deeply. What's even more impressive is that after seeing through these risky paths, they can find legitimate ways to accumulate wealth in the crypto world. Can this be achieved by luck?
2️⃣ Those who can endure through cycles are the ultimate winners:
Look around you; how many people in the crypto world have only had fleeting success, making a bit of money but unable to hold onto it? Why is that? They rely on a few tricks to get rich quickly, but they lose even faster. It’s only when they realize that these paths are not viable and can’t find new methods that they face real trouble.
In fact, it’s not just the crypto world; any investment is similar: those who can endure through cycles and control their impulses are the minority. Luck may get you started, but those who remain until the end rely on their intelligence and discipline.
The purpose of not taking a left-side break is this: the left side has high costs and many stop losses; you can't guess where the bottom is.
These past few days, many have asked me whether to catch the bottom, and I have clearly stated to take a break. I understand that making money is difficult, while giving it back is quite easy, so I would rather give up left-side profits and wait to enter after the right side emerges.
There’s not much else to say, just take some time to read more books in your spare time.
The Fear and Greed Index has dropped to 10 today, and the market is in a state of extreme fear.
The market has plummeted, continuously accompanied by large holders offloading: $ETH whales/institutions have sold 8,074 ETH in the past 13 hours, worth 19.63 million USD, with an average selling price of $2,431.
Last night, the big cake $BTC continued to fall as expected, while the copycat went the other way and pulled the market against the trend. From the perspective of the big cake market share, it has declined, but the weekly line still remains in the upward channel. It is too early to say that the copycat season has come.
Due to the sluggish market sentiment for big cake, $KAITO and $PI were completely treated as rebounds, and they ended early to make profits. Unexpectedly, PI took the step of not recognizing relatives and sisters, and showed the trend of copycat leaders.
Tonight, I will talk about the ideas of $ACT KAITO PI's several orders in the past two days. I will do a review. Friends who are interested can come and listen.