0x桐灿

I would like to share my personal trading thoughts on these two images with everyone.
For me personally, $BTC does not present good trading opportunities in the current intermediate area of the 4-hour to 1-hour level. Last night in the small group live session, I also mentioned that it is not advisable to chase long positions at the smaller levels here. After the rebound to 90600 last night, it indeed came down again today, and those who can't control their hands will be repeatedly rubbed in this area.

This area can go up first and then down, or it can go straight up from here. If it comes down, just wait to go long in the blue area, and if it goes straight up, wait to short at the yellow line and red area. There are trading opportunities at both ends with higher win rates and risk-reward ratios, so it’s better to wait patiently.

The blue area is a bullish OB zone on the daily level, and if it breaks below the previous low of 80600 in this area, while also closing above the Fibonacci 1.272, which is above 76804, it will also form a 2B false breakdown structure.
In the first image, you can see that the first two Fibonacci levels I marked all exhibited standard 2B false breakdowns, which were actually liquidity sweeps. Meanwhile, once the false breakdown is completed, it will also form a larger level of divergence on the 3-day line.

In these two images, I did not display it, but you can switch to the 3-day line level to review the bottoms of the first two segments, where a 3-day line level divergence occurred.
In the case of these multiple resonances, making a rebound long after stabilizing in the blue area, regardless of strength, volatility, or risk-reward ratio, will be a better entry point for going long.

If it does not reach the blue area and directly exits a larger level rebound, there is no need to feel regret; just patiently wait for the reaction at the yellow line resistance and the red bearish OB zone, then build a short position on the right side. This is also a high win rate and high risk-reward ratio entry point for shorts.

In trading, there is a triangle of impossibility: high frequency, high win rate, high risk-reward ratio; it is impossible to have trading opportunities that possess all three points. Therefore, I personally choose to give up the first point and prefer, and am more skilled at, trading at the medium line level, relatively low frequency, high win rate, high risk-reward ratio.

———— The above is for reference.

$BTC this range should not be acted upon, wait patiently.

The market is never short of trading opportunities. Last night, the short position of $MERL had a small rebound, waiting, discovering, and taking action, repeating continuously.

Sure enough, it pulled back... $BTC fell below the lower edge, and the Nasdaq also showed a potential daily level bearish signal.
In the past two days, I've continuously lost 3 long positions, but fortunately, I strictly controlled my position and stop loss, giving up on going long.
I am observing the market with no positions, keeping my hands off, and not getting overly excited...

Take a two-day break. Review the market, keep records, and share.

I have mentioned several times in the live broadcast with the small group that if I were to rate my own skills, I would give myself at most a score of 7.
However, in terms of patience and facing my true self, I might reach 8-9 points.

I have always told myself: to be a trader with technical skills of 6-7 points but a mindset of 8-9 points will eventually outperform a trader with technical skills of 8-9 points but a mindset of 6-7 points over a long time frame.

Because having slightly poorer skills but a good mindset means I won't lose a lot of money; I might just progress a bit slower;
but if someone has high technical skills but a mindset that cannot keep up, they might accidentally fall into a bottomless abyss.

My main income this month comes from the wave of short positions at the end of November to early December, and then in the subsequent complex up-and-down fluctuations, I have slowly climbed a little bit more. I’m very satisfied.

I always follow: Hold onto positions with full confidence; for positions that I have some confidence in but are not quite there, I won't deceive myself, so I’ll reduce the leverage a bit; for those with less confidence, hedge them.
If I'm unsure, I won’t deceive myself and will stay out of the market until I understand.

【It’s normal not to understand】
Definitely do not have any “confusion, entanglement, or obsession about what I don’t understand,” when I don’t understand, I just “let it go.”
I believe there is no illusion of traders who can understand all market conditions.

Just like I candidly told everyone yesterday during the day, the profits from that left-side short position were purely luck.
This is my “truth.” It relies on skills when it is skills, and it is luck when it is luck; I cannot deceive myself into thinking that luck is a skill and boast about it, claiming it’s my technical ability.

Because I do not deceive myself and clearly know that it was a lucky short position that made a profit, I quickly took the profit.

【Trading is the most solitary self-decision, and there is no room for self-deception】

“At the end of trading, it is a competition of character,” this is something older traders often say. I slowly began to understand its significance.

“A person who enjoys deceiving others will inevitably deceive himself. He should not trade.”

【Maintaining honesty with others and oneself in trading is the most solid shield in risk control】

Let’s encourage each other.

$BTC $ETH $DOGE Opened on the left side using Fibonacci time zones.
I didn't expect this direct decline, and the brothers in the small group didn't have time to shout.
My personal total position on the left side is less than 2 times, and I won't add more; if there's no rebound on the right side, it will be like this.
I personally earned from this wave purely by luck.

$BTC and the market, medium-term level.
Used frequently, first time posted. Making a record.

Do not be greedy for the last penny of long and short positions. Only when you are in cash can you remain objective and rational.
Let's encourage each other, friends.
Sleep 🌙

$SOL has started to close positions. Tomorrow is FOMC, fearing sell the news and drawing a door.
Hold on, and you will achieve your goal.
For your reference.

$SOL Did you catch it, friends?

Yesterday, the long position near $BTC 89500 was stopped out by a spike, unfortunately. Today, I reopened the long position of $SOL and will continue to hold it.
For reference.

#TOTAL2 Let's see if the small level stabilizes here

$BTC $ETH At 1 PM, I want to share with everyone my actions here.
Last night, I synchronized and built a short position in the small group, and at noon I reminded everyone to enter the market on the right side at the same time again. What I shared with everyone last night and this noon are all excellent right-side points for short positions to start declining. In this bear market, I might become a public signal provider 😂
Tonight, I will keep an eye on the market. I didn't expect there would be that much decline on Friday; it might just drop completely overnight.

$BTC is much weaker than I expected. I originally planned to wait and observe near the blue frame, but I decided to make a small move here first.
Overall market trend from December to January looks like a fluctuating rebound, with the rebound peak expected around 100,000. In the meantime, follow the market trends, and both long and short positions can be considered.
For reference.

A new month has begun.
$BTC Patience is required, it's not yet time to take action.
In trading, patience is more valuable than anything else.

Just like the continuous short selling on October 27, this time I also started recording and reminding everyone of my judgments and operations on Twitter and in the square 3 days in advance. The references provided in the small group are more detailed.
$BTC $ETH

#TOTAL2 divergence of double top breakout.

I took a look at $BTC $ETH and there are some mainstream knockoffs. This wave of rebound is estimated to finish in 2-3 days starting from November 22. At that time, we can gradually build positions to do another round of short.
You don't need to trade many times in a month. For example, the medium-term trading that I am best at, the fluctuations in long and short positions at the 4-hour to daily level are basically above 10 points, with a leverage of 2-3 times. Doing it twice in a month is enough.

For reference.

The privacy section is likely over.
$ZEC has shown a significant SOT situation for the first time this month since November 7th, with the upward movement becoming increasingly weak. If there is a subsequent rebound, it would be a better opportunity to exit the spot market and enter short positions.
$ZEN has a large head and shoulders pattern, breaking below the neck line, and after a rebound at the neck line, it continues to decline.
$DASH has also fallen back into the previous strong breakout area where support and resistance switched.

————Personal opinion, for reference.