Don't be too smart; just enjoy playing on-chain. Don't get tempted by the secondary market's surge and jump into it; wanting everything will get you nothing. I'm just a bit foolish, and that's enough. I'll focus on the chain for a year and aim for a few tens of millions; what more could I want?
In the cryptocurrency circle for nine years, my account grew from five figures to eight figures. No luck, no insider information, just one word: foolish—foolish enough to only do the right things and live longer than others.
People often ask me: why can some people keep making money while others can't even survive one round of market fluctuations? To be honest, it's not about poor skills. It's about not understanding the rhythm of the market makers and being unable to control one's own hands.
The following six rules are the "survival iron rules" I gained over more than three thousand days and nights. They are not complicated, but they are valuable.
1️⃣ Fast rises and slow falls, don't panic. Sudden spikes followed by slow corrections are mostly just washouts, with funds changing hands.
2️⃣ Fast falls and slow rises, don't be greedy. After a flash crash, if it crawls back slowly, it is mostly at the tail end of selling. Don't be fooled by "it's fallen too much". #MustReadForBeginners
3️⃣ No volume at high levels is more dangerous than high volume. Tight consolidation often signals the last calm before a big drop.
4️⃣ Don't get too carried away with a large bullish candle at the bottom. The true bottom is forged through time, and continuous volume is where the funds enter the market.
5️⃣ Price is the result; trading volume is the emotion. Don't just look at K-lines; the strength of bulls and bears is all in the volume.
6️⃣ Daring to hold cash is what makes a true expert. Not chasing highs is called restraint, not panicking is called confidence. Without obsession, trading will serve you well.
Market fluctuations happen every year; those who rush to get rich overnight usually don't go far. Keeping the rhythm and controlling one's mindset is more important than any technique. Earn slowly, hold steadily, live long, and you have already outperformed the vast majority.
Yesterday I came across the news that $BIRD skyrocketed, My first reaction was to think it was a coin issued by @moonbirds.
Later, I checked and found out it was the sneaker brand Allbirds, Which announced it renamed to Newbird AI, No longer selling shoes, but shifting to AI computing power, And raised $50 million in convertible financing, The stock price surged 582% that day.
The world is indeed a huge makeshift stage, Isn't this an old trick from the crypto circle?
If the US stock market is doing this, why aren't the crypto project teams following suit? In this wave of AI, has the crypto circle not had a single sip of the soup?
$SEI The downtrend mode has started, the current price is 0.0542 oscillating near, with 0.0543 as a support level being tested repeatedly, and the volume of only 30,000 USD shows extremely scarce buying support. Don't be deceived by the false prosperity of the order book; the matching engine is currently matching only sell orders, and bearish momentum is continuously being released. As long as the price breaks below the previous low of 0.0541, the downtrend will officially accelerate, and the trend direction is already very clear. In terms of operations, do not catch the bottom; prioritize shorting on rebounds!
The market has really changed: Bull market exit indicators have failed
The classic bull market exit indicators of 2025, which 90% of people in the crypto market have seen.
It was supposed to accurately predict the market at the time of Bitcoin's new high in October, but on the contrary, these indicators did not meet the standards!
If the escape plan is executed based on this indicator, it is highly likely that many will be stuck at the peak!
The bull market's highest accuracy rate in October is 0%: 0/30 (not a single indicator reached the trigger sell threshold).
Average progress: about 40%–50%, around 43% in October.
The market is changing, the data hasn't changed, the old models have been abandoned by the market, and if we can't keep up with the latest changes, both you and I will be discarded.
Old Xu and CZ are at odds, with Old Xu accusing CZ of not being divorced, implying that CZ had an affair while married and is maintaining a mistress. In response, CZ demands an apology, claiming he is divorced and willing to bet 1 billion dollars, but Old Xu is too afraid to take the bet. Both accuse each other of lying and deceiving the world; who is actually lying?
As former partners, there is no need for mutual harm, after all, they once fought side by side. Without the experience at OKX, CZ would not have created Binance. Without the current Binance, OKX would not be striving to catch up and surpass. Both Old Xu and CZ can be seen as mutually beneficial.
The air force should not panic; the current market environment is difficult to escape a one-sided upward trend. Although the daily level has rebounded for more than ten days, the rebound momentum is close to exhaustion, and it is highly likely to return to a downward trend. Moreover, from mid-April to mid-May, the current market trend faces considerable pressure. Based on various assessments, the support level for BTC is expected to gradually decline, at least testing around 54000.
It is found that most people do not understand too many profound principles. Here is a simple and unadorned trading strategy: 1. When there is no extreme news, if the market rises rapidly by 5% to 10%, go short at the current price. 2. If it drops by 5% to 10%, go long at the current price. This strategy covers the vast majority of situations. By following this discipline, there is at least a 60% win rate in 10 attempts. If you haven't made money following this, come find me! Ps, extreme news and well-known one-sided markets should be excluded. Learn to find the essence from the phenomenon!
1. Market Trend Current Price 0.1014, 24-hour Increase 45.69%, Daily High 0.1034, Low 0.0672. The daily line shows a clear "V-shaped reversal", rapidly rising from the low of 0.037, forming a strong rebound trend, with trading volume increasing simultaneously, characteristic of a fund-driven market.
2. Key Price Levels Support Level: Short-term support 0.08, strong support 0.07, bottom support 0.037 Resistance Level: Short-term resistance 0.103, strong resistance 0.15, historical high 0.289
3. Rising Logic The previous price has continuously retreated from the high of 0.289, finding the bottom around 0.037 and completing the chip turnover, with sufficient release of bearish momentum. The current rise is a fund-driven oversold rebound market, driven by the popularity of the MEME track, with funds concentrated to push prices up, characteristic of short-term emotional speculation, with sustainability in question.
I. Market Trend The current price is 0.00489, with a 24-hour increase of 28.35%. The intraday high is 0.00541 and the low is 0.00379. The daily level has shown a low-volume increase trend, with the price rapidly rebounding from the bottom of 0.00290, and the volume has significantly expanded. The short-term bullish trend is clear, and it is in a high-level consolidation phase after breaking through.
II. Key Levels Support: Short-term support at 0.0045, strong support at 0.0040, bottom support at 0.0029 Resistance: Short-term resistance at 0.0054 (intraday high), strong resistance at 0.0070 and previous high at 0.0094
III. Upward Logic The previous price was in a low-level sideways consolidation, determining support around 0.0029. After sufficient turnover of chips, driven by sector sentiment, funds concentrated to push the price up. This increase is a rebound after a sharp decline, with short-term volume and price coordination, but there is heavy resistance above, and the sustainability still needs observation.
Today we will start to remove the short-selling button. If it doesn't drop, we will directly enter a position and hold it. After breaking 73300, we will directly double our position size, taking profits in batches between 7.4-7.8w. For high shorting, only target major resistance levels, quick in and out.
The ceasefire and rising expectations for the Federal Reserve to cut interest rates are double positives, which is the trigger for this weekly-level super rebound.
In the next two weeks, Bitcoin will experience significant volatility, pay attention to the results of the US-Iran negotiations. If the negotiations are successful and a complete ceasefire is achieved, BTC will aim for 76,000 or even higher. If the negotiations fail and fighting continues, BTC will likely retrace to 65,000 or even lower.
Do you think the US and Iran can reach a compromise this time and end the war?
The average daily trading volume of the global foreign exchange market is $7.5 trillion, with crude oil futures at $400 billion per day and gold futures at $180 billion.
The total open interest of all protocols in the DeFi derivatives market adds up to roughly a fraction of this number.
It's not that the technology is lacking; it's that the tools are not here.
People who engage in macro trading have a basic habit: they never look at a single asset in isolation. When oil rises, how does the dollar move? Does gold move in the same or opposite direction? What about stocks? This interconnectedness is a fundamental skill in traditional finance.
On-chain traders have little opportunity to practice because there are only a few tradable categories, and their way of thinking is constrained.
There are projects currently filling this gap. Sui has implemented on-chain 50x leveraged trading for oil, gold, foreign exchange, and global stocks, all without leaving the on-chain system, allowing macro judgments to be directly converted into positions.
A thought-provoking question: Once these tools mature, will there still be a distinction between on-chain traders and traditional macro traders?
Just the open contracts for crude oil futures at CME far exceed the entire size of the DeFi derivatives market. This magnitude of difference is unlikely to exist forever. Those who establish the infrastructure first will have an exponential advantage.
The execution speed of Sui is not a bonus here; it's a threshold. Foreign exchange and oil are extremely sensitive to latency, and a 1-second slippage under high leverage can directly trigger liquidation.
I have seen too many people chase the myth of a hundredfold return, only to die before dawn.
The truth is: an annualized return of 2 times, a thousand times in ten years, is enough to change one's fate. But most people cannot achieve this—not because the returns are too low, but because their desires are too high.
As Charlie Munger said, the big money is not in buying and selling, but in waiting. Unfortunately, those who have been addicted to drugs can never shake off that kind of pleasure.
The wisdom of Zeng Guofan is equally applicable to investing: build strong fortifications and fight dull battles. Exchange speed for certainty, exchange time for compound interest.
Remember: what sets you free is not the number of wealth, but the confidence to spend money. And this confidence is much cheaper than you think.
Admitting mediocrity, on the contrary, gains freedom.
STO dog farmers directly pulled 10 times in two days, and then lost it all back in one day... harsh.
After the surge, do you dare to catch the bottom now? There probably aren't many who dare to gamble, right? If no one follows the trend when the price is pulled, or if there is no opposing position to take, basically it's just the dealer playing by themselves.
However, Binance's open interest has already surged to 50M, and the risk of shorting is also very high, so it's advised not to short recklessly.
The coins controlled by the dealer are all about excitement.
Financial trading is against human nature, and only about 5% of people can make money in the market!
If you want to be part of that 5%, you must do the following, and I mean must!
1. Do not blindly follow the crowd. 2. Do not overinterpret the news; often, the news is just a tool used by the main players to manipulate the market. 3. Do not believe that the market will operate exactly as you expect; therefore, you must implement risk control and stop-loss measures every time, determining how much you can afford to lose, and you must be sure of the amount you can bear to lose. 4. Maintain independent thinking and a strong heart. When everyone around you thinks the market will surge, you must be aware of the risks; when everyone thinks it is about to go to zero, you must dare to buy in. This is extremely difficult. 5. Acknowledge your mediocrity, admit your lack of knowledge, accept that you are not a once-in-a-million martial arts genius, recognize that you do not understand financial trading, and realize that what you have learned may already be outdated. Use the principle of mediocrity to find a real and existing mediocre strategy, rather than fantasizing about a quick-fix strategy. This is even more difficult because we all think we are very smart, which is a weakness inherent in human nature. 6. There is much more...
If you cannot do all of the above, finding a reliable teacher as your compass is the most dependable choice. As for how to find a reliable teacher, I don’t know; you’ll have to weigh it yourself!
The benevolent see benevolence, and the wise see wisdom!
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