北辰Bit

#Cryptocurrency Market Correction $ASTER
Will Aster's early buyback definitely lead to a price increase? Let's think about the problem from another angle. If you were the Aster project team, would you prefer the price of the buyback chips to be at a high price or a low price?

BTC
1. Continued bearish technical outlook: Over the past 24 hours, the price of Bitcoin has dropped by approximately 2.88%, from $111,505.75 to $108,288.88. Technical indicators such as the Bollinger Bands (price consistently below the middle band), EMA (short-term moving average crossing below the long-term moving average), and MACD (histogram negative and continuously decreasing) strongly support this downtrend, indicating persistent selling pressure. #BTC走势分析

The "Disposition Effect" and its solutions. The main viewpoint is that the disposition effect is the phenomenon of being eager to realize profits and stubbornly holding on to losses (not a technical issue); the core content includes: 1. Definition of the disposition effect - fearing that the money in hand will fly away when in profit and stubbornly holding on when in loss, fantasizing about market reversal; 2. Three solutions: always set a clear stop-loss when opening a position (by proportion or point, as losses are trial-and-error costs), take back the principal when in profit (lock in profits by closing 80% of the position at a certain profit level and keep 20% to continue), and only engage in trades with large profit-loss ratios; 3. Pointing out that top traders use rules to deal with psychological barriers, using systems to lock in losses and make profits a habit.

Risk Management: Surviving is the First Priority
This is the most important part of all insights.
1. Position Management is the Lifeline
Never All-in: Do not invest funds that you cannot afford to lose into the market.
Build positions in batches/take profits: Do not try to buy at the lowest point or sell at the highest point. Use a batch strategy, for example, buying in 3-4 times after seeing a favorable trend and selling in 3-4 times after a rise. This can smooth out costs and reduce the impact of judgment errors.
Separate main positions from speculative positions: Divide your funds into two parts: a large part (such as 70%) for long-term holding of core assets you are optimistic about (BTC, ETH, etc.); a small part (such as 30%) for short-term speculation or chasing hot trends. This ensures you do not fall behind in a bull market while also satisfying your trading desires.
2. Strictly Set Stop-loss and Take-profit
Stop-loss: Determine your exit point before entering. For example, set a stop-loss line of -10% or -15%, and sell decisively once reached. The goal is to "cut losses" and preserve capital.
Take-profit: Similarly important. You can set target levels (such as selling 1/3 at a 50% increase, then selling another 1/3 at a 100% increase), or take-profit when the trend line breaks. No one can always sell at the highest point.