The trough is never the end. It is often the place where you truly begin to grow.
A trader, if they can repeatedly experience troughs in their life, that is not misfortune, but a process of being honed repeatedly. The real danger is never the loss itself, but rather never being truly educated by the market.
Only when you fall deep enough will you stop. Stop chasing the highs and lows, stop fantasizing about getting rich quickly, stop clinging to the obsession of the 'Holy Grail'.
In that moment, you will start to review yourself, rather than blame the market.
True awakening often begins in the most difficult stages. When your account experiences a significant drawdown, even approaching zero, all your emotions will be amplified: fear, greed, luck, stubbornness, not a single one will be spared. You will clearly see for the first time how you have repeatedly pushed your account towards the abyss.
The trough is not to punish you, but to shatter old beliefs. When those obsessions about 'luck', 'feelings', and 'this time it’s different' are completely shattered, you will have the opportunity to rebuild.
One day you will realize, The market is still the same market, volatile, cruel, and devoid of emotion; But you are no longer the person you once were.
You finally understand that the biggest opponent in trading has never been the market, but yourself.
In the hardest times, there are no miracles, and no one to lend you a hand. What you can rely on is only discipline, structure, and the repeated denial and rebuilding of self.
Thus, you begin to build a system that truly belongs to you, Knowing when to take action, when to exit, Knowing what you can bear, and being clear about what you cannot touch.
When you can execute calmly, without emotional trading, You will look back and find that those troughs you once thought impossible to cross, Are actually the starting point of your transformation.
The trough is not proof of your failure, But the beginning of your rebirth.
Happy weekend, brothers. From the perspective of the pancake short-term market, the short-term rebound momentum at the hourly level has shown signs of weakening, and the upward price strength is obviously insufficient. This directly reflects the market's low enthusiasm for chasing highs, and the short-term trend is likely to be mainly digested through fluctuations. Above the key support level, a cautiously optimistic operational approach can be maintained; if the support level below is broken with volume, then attention must be paid to the possibility of a deep correction in the market.
The current market performance is sluggish, and operations can be combined with short-term and medium-to-long-term layouts, while adhering to a bearish mindset. It is important to remind that it is not advisable to rush to bottom-fish at this stage, as the market has not yet hit the bottom, and blindly entering the market can easily lead to being trapped at a temporary high.
Operation suggestions: Pancake can set up short positions in the range of 89500-91000, with a target looking towards 86600-85500.
Ethereum can set up short positions in the range of 3030-3130, with a target looking towards 2800-2780.
The market is still in a fluctuation Looking at the market, $eth is a bit stronger than $btc But both hit my stop loss and then went up It's not a big deal, I still have spot Every time I miss a sell, I can only comfort myself like this
Nothing new Still sticking to the previous view Perp dex, prediction markets, and continuing to pay attention on-chain Besides being able to go for airdrop expectations These two can also be gambled and played with
Last night's xlayer $xd is now gradually adding LP The head mine APR is still quite high, but it requires a 15-day lock
$wm is still being held I always feel that projects with a community and a good leader won't just end like this
The market is boring Continue to grind small trades to make a living In a few days, I will share the insights from grinding small trades
If you want to do well in the cryptocurrency world, remember these points:
1. Wait! Stay in cash! When the market is unclear, staying in cash is the way to go! Staying still is much better than blindly fidgeting. 2. Mindset! Mindset! It's all about mindset! If you're in a bad mood, don't play; protecting your mindset is key to protecting your wallet. 3. Layout! Go against human nature! Don't listen to every rumor; what merchants want you to see is all they want you to see. By the time you understand, you are already the one being taken advantage of. Right now, if the market goes up, you don't dare to chase; if it goes down, you don't dare to enter? Feeling confused? Then stop! Don't rely on feelings! Retail investors love to bet with passion, but what happens? Either they make a small profit and run, or they stubbornly hold on, losing more as they go.
Why? Because you didn't follow the trend, you didn't follow the major players! My advice is:
1. Save your life first! Don't touch high-risk investments; safety first! 2. Gradually build your layout! If you don't know how to layout, follow the major players. 3. Don't watch the market! Fluctuations will affect your judgment; wait patiently! Remember, the market will eventually align with your judgment, the key is whether you can hold out until that day!
Will the bull market return early? When will the collapse of Shiba Inu (SHIB) end? Ethereum (ETH) aims for $3000; Bitcoin (BTC) price skyrockets amid unexpected surge in trading volume.
The activity of market short-seller whales is decreasing, creating the possibility for a short-term rebound.
The performance of Bitcoin, Ethereum, and even Shiba Inu is similar: after a slight rebound, there is still a possibility of continuing the downward trend. The decline in participation from institutional investors is closely related to the decrease in selling volume, which indicates the future direction of the market. Shiba Inu action has stopped Shiba Inu has finally hit the brakes. After nine consecutive days of plummeting, the price of SHIB is no longer in free fall. For the first time in over a week, the price has stabilized, volatility has decreased, and the market is no longer continuing to decline. Considering the extent of the previous drop, this itself is a significant shift.
Most people are no longer discussing the bull market It is obviously quiet now, memes are posted but no one responds Good projects are overlooked, and the secondary market is slowly declining At this stage, it is actually the easiest time to lose your capital The market is unclear There are numerous variables The rise lacks sustainability But the decline is quite frustrating The most common mistake in this kind of market is: Being impulsive, making random moves, wanting to break even But there is only one thing that truly matters: First, protect your capital In a bear market, it's not about who trades more who earns more But who survives longer Trade less, observe more, Wait until the opportunities become slightly clearer before taking action Otherwise, you will lose all your capital in a bear market And when the bull market actually comes You won't even have chips to play with.
The expected new round of super capital inflows comes from the demand for allocation to high-quality global assets, as these assets will be on-chain in the future, and there are no cumbersome so-called KYC and AML requirements.
The basic goal of large-scale capital inflows is to pursue high returns. The previous round of DeFi provided such opportunities, and this time it should be similar to on-chain assets like cryptocurrency stocks.
So looking back at this bull market that started in 2022, this type of demand is actually unmet, and institutions are conducting allocation and arbitrage off-chain, which has not brought prosperity to the on-chain.
Negative news has landed, is it about to take off after such a big rise? Bitcoin $BTC, if it rose due to negative news turning positive, it should have been bought before the morning announcement, not now after it has already risen. At least for now, after the news was announced and the price rebounded, we still cannot rule out the possibility of going back to the two previous lows. Of course, if you say you are holding spot, and expect it to bounce to over 100,000, I would agree, which is probably just a matter of next month.
1: BTC (Bitcoin) surged to around 89500 last night and then started to pull back. It reached a low of 84400, a drop of 5000 points from the high, and began to slowly rebound from 84400. Currently, it peaked at 87500, rebounding about 3000 points before starting to slightly pull back.
The main focus for Bitcoin's rebound is the resistance levels above at 88200, 89500, and 90500. If it rebounds and breaks through 90500, we can continue to look for upward movement. If it cannot break this level and enters the range of 89-90500, consider shorting in batches to take profits during the pullback. For support, watch 86000, 85000, and 83500; at these levels, consider taking profits depending on the situation.
2: ETH (Ethereum) also moved in tandem with Bitcoin, surging to around 3000 before starting to pull back. It reached a low of around 2770, a drop of 220 points from the high, and then began to rebound from the low, peaking again at around 2930, rebounding 150 points before starting to slightly pull back. The pullback has not yet dropped below 2900.
For Ethereum, pay attention to the resistance levels above at 2950, 3000, 3050, and 3080. For support, watch 2880, 2830, 2780, and 2730. If you're looking to buy low, it's suggested to wait until the price drops to the 2830-2780 range to build a position for the rebound.
3: SOL (Solana) first rebounded to 129 in tandem with Bitcoin before starting to pull back, reaching a low of around 117. The high pullback was 12 points, and now it is rebounding from the low. Currently, it has reached around 123.
In fact, SOL's overall trend has reached a major support area. The support levels below at 110 and 100 are significant low points. Spot trading can begin to establish the first position here; it was mentioned yesterday that those trading spot can lay out positions in batches.
However, for futures trading, you need to find intraday lows in tandem with Bitcoin to enter long positions for rebounds. For example, consider entering in batches in the range of 118-115, and set a stop-loss if it breaks through, as this is relatively safer.
Declining liquidity sounds the alarm for a bear market, ETH heading towards $2500, Ripple approaching oversold territory, Bitcoin (BTC) head and shoulders pattern concealing mysteries?
The recent decline in liquidity may be the worst signal for the market, indicating an impending bear market trend.
The market is currently in a state where large assets have broken through major support levels, which may lead to further declines. Unfortunately, there seems to be no signs of recovery in the short term, and investors must accept this reality in order to move forward. Ethereum has lost its substance Ethereum prices are retreating and are no longer showing a trending rise. The daily chart clearly displays the market structure: ETH failed to hold the high after the rebound, broke below important moving averages, and is currently undergoing a controlled, non-panic sell-off. This is not a signal of surrender, but rather a distribution for downward liquidation.
From a mathematical perspective: Why is the probability of making a comeback with altcoins ten thousand times smaller than with Bitcoin?
First, you need to have a probabilistic mindset: when you buy Bitcoin, you are selecting from 1 survivor; when you buy altcoins, you are betting on a survivor from tens of thousands of cannon fodder.
I know a guy who, at the end of the bull market in 2021, liquidated all his Bitcoin and went all in on a meme coin, shouting "hundred times start," but three months later the price plummeted by 99.9%, and the exchange directly delisted it, leaving no chance to cut losses — this is the mathematical outcome of altcoins.
The most fatal thing in a bear market is not the drop in price, but the liquidity. Most people think that altcoins can multiply a hundred times, while Bitcoin can at most multiply ten times, and they are purely fooled into believing it.
Bitcoin's risk-reward ratio: the risk is a drop of 50% to 80%, while the reward is a five to ten times increase during a bull market, with a risk-reward ratio of at least 1:5.
Altcoins' risk-reward ratio: the risk is a drop of 90% or even going to zero (risk is infinitely high), while the reward seems to be able to multiply a hundred times, but you must just happen to buy that one in ten thousand survivor, making the actual risk-reward ratio infinitely approach 0:1.
Those who shout "get rich with altcoins" every day might just be the sickle harvesting you,
It is now mid to late December, and Bitcoin has not even held 90,000. Tomorrow night, Japan will likely raise interest rates by 25 basis points. In the past, after Japan raised interest rates, Bitcoin mostly experienced a downturn in the following weeks. If Bitcoin cannot recover to 100,000 in the next two months, it can be basically confirmed that Bitcoin will enter a bear market next year, continuing the four-year bull-bear cycle.
The current market makes shorting a simple model, while going long is a hellish model.
However, there will still be many people who, after a drop, will go long thinking that after such a drop there should be a rebound. They go long directly, mainly because the bullish mindset is deeply ingrained in their minds. Even when shorting, they feel that if the position isn't right, they would rather go long than short.
I have a bit of a bullish mindset in my head, which has led me to play myself into a hellish model. There are many aspects to reflect on. Why, when the market is in this bad state, do I not go short? Clearly, I could be making money easily but am still playing events with low probabilities.
Today someone asked me if I still go long? Emm, I am just looking for certain opportunities. As I mentioned before, there are still large orders at the bottom. It’s still the same thing: as long as it doesn't break the 2800 position, I believe it's fine to gamble on a rebound in the short term. Either that or not operate at all and just wait for the market to recover.
Some brothers asked why it went up yesterday and then down again. In fact, yesterday's analysis had already predicted the conclusion: the closer we get to the release of this CPI data and Japan's interest rate hike, the greater the market panic will become.
It may drop below $85000. The CPI will be released tonight at 21:30, and after the Bank of Japan announces the interest rate hike tomorrow, the short-term situation is uncertain and depends on the CPI data.
If the CPI is lower than expected, it will be favorable for interest rate cuts. But that does not mean a reversal; the weekly level still shows a bearish trend.
After more than 10 years of unchecked money printing, the Federal Reserve has fallen into an inescapable vicious cycle: cutting interest rates will trigger severe inflation, while maintaining high rates may lead to a deflationary collapse.
Previously, we mentioned that the administration is preparing for the midterm elections in November next year, so they will find ways to lower prices and interest rates, which is an inevitable trend.
In addition, the BTC ancient whales and institutions have already exchanged nearly 70% of their BTC.
From a long-term perspective, the price of BTC is still appropriate; in a fluctuating market, it is better to buy on dips rather than on rises. Regularly investing to buy at the bottom every day is fine.
Today, Stable, MON, Bera, and other altcoins have plummeted. The narrative for public chains has lost momentum, and the competition is too fierce. There are hundreds of public chains, many without even 100 users. The world does not need so many public chains; having ETH, BNB, and SOL is enough, so most altcoins are trending towards zero.
It is recommended to primarily hold BTC, avoiding panic selling at the bottom, while also keeping some ammunition to buy at the bottom when a black swan event occurs. The best time to enter the market is when there is widespread panic.
Turning Point! The Perfect Recovery Prospects for Bitcoin, the Recovery Timing for Ethereum (ETH) Has Arrived, Is Cardano (ADA) Facing the Best Market Opportunity?
The market does show signs of recovery potential, but this will only happen when the bearish forces have exhausted.
The Bitcoin market seems to have emerged from the trough, rather than being in a free-fall decline. The recent drop to the mid-$80,000 range seems to have spooked those investors with shaky positions, eliminating excessive leverage and possibly forming a local bottom. Ethereum (ETH) and Cardano (ADA) have also shown similar trends, entering a consolidation phase after a rapid decline. The trend of Bitcoin From a structural perspective, Bitcoin has historically behaved this way in previous bull markets: first a significant drop, then a large-scale sell-off, and finally stabilizing rather than continuing the upward trend. Prices have responded significantly to the lows on the chart, indicating that buyers are clearly interested in levels below $86,000. This area has withstood actual selling pressure, consistent with previous demand.
The truly frightening aspect of compound interest is never how steep the curve is but how honest it is about time and self-discipline.
In the short term, the differences are not apparent, but once time is on your side, those seemingly insignificant choices made every day will, at some point, be magnified into a leap of transformation.
Many people do not lose due to their capabilities, but because they did not endure until the moment when compound interest begins to make its presence known.
When results appear, it looks like luck, but in reality, it is just you having done the necessary things, repeated long enough.