Several domestic traders I care about have stopped updating I often think about whether trading cryptocurrencies has no future, or if everyone has their own aspirations I believe that I am doing very poorly, but I will get better I am sure that one day I will leave trading and only deal in spot I currently have no outlook on the application of the cryptocurrency industry; I can't imagine it, as cryptocurrency is just superficial for now However, those institutions and consortiums will one day use cryptocurrencies or derivatives to reprice the world This is certain and cannot be stopped As for whether this is a good thing, it is left for future generations to define.
$BTC Since April, there has been no effective pullback to the 0.382 to 0.618 range, which can be considered an unsupported rise. In this structure, the upward segments far exceed the downward segments, with strong buying from holders of over 100 coins. Short-term investors are gradually exiting, and the accumulation of shorts is also increasing with rising prices. On a monthly level, the amplitude of the bullish candles is continually setting new records. I wonder if this is the final stage of Wall Street accumulating a major market trend, a doomsday carnival before the world descends into chaos.
I have mentioned before that there may be market trends that exceed our understanding, so the more we encounter such situations, the more precise the trading points need to be, and the more reasonable the stop-loss plan should be. Do not pay attention to the chaotic and emotional calls in the square; terms like 'bulls' and 'bears' sound like they lack intelligence. Whether ETH returns to 2,000 or goes to zero is irrelevant to me now. Many people talk about trading against human nature, but they ignore that this square system is a manifestation of human nature. As long as you wander here for a long time, you will definitely lose all your capital and time.
Every day when I open Binance, there are several welfare guys and welfare sisters following me. My following list easily has tens of thousands or even hundreds of thousands. I'm afraid of being retaliated against if I block them, but keeping them is disgusting.
Leave me alone, this little calamity, let me give you a treat.
$BTC Next week we still need to prioritize going long. The previous three long positions were stopped out, and I hope this time it won't happen. Pay attention to whether there will be a drop on Monday next week; it could be a good opportunity to go long. The promised 100 fan trading tips will be posted next week, which are very practical.
$BTC Correction, it is now 8 PM. If the price continues to trade sideways with small declines and does not break below 89,000 in the next few hours, hold onto your long positions. The stop loss is to manually exit if it breaks below 89,000.
良佑
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The light position of this order $BTC must also be protected. If it hovers between 90000 and 91000 today and does not go up, you can choose to take profit and not proceed. The focus is still on short positions between 95 and 98.
The light position of this order $BTC must also be protected. If it hovers between 90000 and 91000 today and does not go up, you can choose to take profit and not proceed. The focus is still on short positions between 95 and 98.
$BTC 94555 is a high probability of a bear trap, it's not about being reasonable or unreasonable, it's that this bullish trend hasn't confirmed its completion. It is recommended to stay in cash or find a position to buy.
$BTC Update based on the previous message, the earlier predictions were based on the assumption that this surge would not break through 93000. Since it has broken through, we can no longer stick to the original plan.
This week for Bitcoin and Ethereum, the cost-effectiveness of short positions is extremely low.
For those looking to trade short-term, you can consider chasing a small long position tonight, with a target between 95 and 98. Note that I am referring to the range rather than a specific price. It would be more reasonable to layout short positions within this range. I will place orders, but I won't specify the points; as we approach significant market movements, further discussion is unnecessary.