Still shorting BTC and ETH? You’re asking for trouble!
Recently, I've noticed a lot of folks in the square are shorting BTC and ETH. What's the reasoning behind this? Are they looking at the bear market cycle? Checking the candlestick patterns? Analyzing the MACD? Observing overbought and oversold conditions? Let me give you a tip: if the market could be reliably profited from just candlesticks and indicators, then trading would be a walk in the park; anyone could make money with indicators, and the crypto space would be a ghost town. The market is all about endless setups and harvests. As I always say, when you’re placing trades, you need to think like the whales. That way, even if you take a hit, it’ll be a minimal loss. Let’s take a closer look at what the whales are up to and what their intentions are.
On Monday and last night, I mentioned that the 793 level was a good spot to short, and now it’s finally coming down. Those who were stuck shorting down below are about to break even; it’s time to set a trailing stop on that short position! Bitcoin at 793 is holding up pretty well, but it’s a shame my take profit on the long at 793 got targeted by the whales. However, I did a live stream last night where I talked about breaking even and sent out a 100u red envelope. Even though I didn’t cash out, it’s important to still give back. Don’t worry, brothers; losing money doesn’t discriminate between you and me, but when it comes to making profit, you’ll definitely be in the game! 🥳🥳
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Smooth sailing, favorable winds, ride-sharing! Binance trip, fellow crypto enthusiasts, do you want to get rich or face losses?
As we all know, there are new developments in the crypto world every day, and new trends emerge. How can one seize the opportunity to achieve success? It's not easy! The first thing a novice in the crypto space must do is to learn, learn, and learn again! In the crypto world, if you don't have a variety of skills to protect yourself, it's hard to survive. First, delve deep into candlestick analysis, embedding every candlestick pattern in your mind; with natural operations, you're bound to succeed. However, candlestick analysis should only serve as a reference and not be strictly followed. Second, keep an eye on market trends, such as the animal coins from 2021, the DeFi boom, and the NFT craze. If you stay updated, even a pig standing on the wind can take off. In 2023, there are BRC20 inscriptions and the current Chinese coins, but it seems the golden times only come once. Remember not to cling to past glories; we must be like a heartbreaker, letting go of the old and embracing the new. Third, embrace valuable coins by investing your main funds in coins that have value. Never entertain the fantasy of becoming rich with a pile of worthless coins; what awaits you might be a huge loss! Fourth, and this is crucial, as a member of the crypto community and a supporter of decentralization, you must be aware of on-chain opportunities, commonly referred to as the primary market. The competition here is truly fierce, and with minimal costs, perhaps just a few US dollars, you can earn thousands or even tens of thousands. However, there are still many blockchain scams. So, we need to keep our eyes wide open, choose sufficiently good projects and targets, so that we can stand out. Indeed, such opportunities have arrived; Chinese coins are undoubtedly the trend of 2026. Therefore, with new projects like Binance's ride-sharing, it is coming in like a storm and will sweep through the Chinese meme and valuable coin markets. Are you sure you don't want to prepare a little for protection?
Understood the idea and made predictions in advance
三马哥
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You still don't understand, our order 81888 is a position for a big bet, with a 5% margin, and it's not a phased entry, it's just at one point. With such a large position, having taken 2000 points, is there anything wrong with closing half at 83500?
For the remaining points, let's see if they can reach according to the strategy. If they can't, we will come up with a new strategy later, and we can just follow the new strategy for positioning.
Now, don't bring your crazy bull market operational thinking and your understanding into this. Didn't I keep saying to bottom fish at 50,000 before? But my thinking at that time was that it would rise to 100,000. It peaked at 98,000 and then came down, so my super bottom hasn't changed. However, I believe it won't drop to 50,000 immediately; it may be before or after Powell steps down that we will see a more terrifying drop.
But let me say again, the bottom I mentioned is not contradictory to what I told you to do last night, which is to hang 81888 for a long position to make a profit. The short-term profit-taking idea is not contradictory; it's a short-term thinking and a long-term trend thinking. Therefore, your understanding ability must be improved. #BTC