Dare not speak loudly, fearing to startle the people above. Speak my words loudly, for I am the master of the heavens. Stepped into emptiness, the structure has changed a bit now; it is not just a few forces in the same direction, but rather an intersection of rises and falls, for a longer period. This structure's right side entry has changed; either try a small position at the resistance level (left side) or wait for a pullback to go long. The next half month is not very good for shorting, better not to go left side. Let's see how the next few daily candles connect. If you can understand, then enter short on the right side; if you can't, don't make random moves. Having capital is better than losing money. Now, let's analyze the market situation. Since late November for the past half month, it has actually been in a volatile upward trend. However, the bulls are too weak, which has resulted in this wide-ranging fluctuating rising market. The bulls need to break through; let's see how long it can last. The reversal layout depends on whether the market can move out of the familiar patterns. The market is now forming a new trend structure that I don't understand. If you have a lot of experience with the current structure, then you can trade; if you don't understand, then don't trade.
辰狩是狩辰吖
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The key market timing is about to arrive. From 11.20-12.9, the long position lifeline is around 88600 today. After the previous sky-high single position was protected, I haven't operated either. It's either a bull breakthrough or the start of a new wave of declines. It all depends on how the market behaves. What we need to do is to be the ones who understand the market best.
The key market timing is about to arrive. From 11.20-12.9, the long position lifeline is around 88600 today. After the previous sky-high single position was protected, I haven't operated either. It's either a bull breakthrough or the start of a new wave of declines. It all depends on how the market behaves. What we need to do is to be the ones who understand the market best.
The market has reversed. I exited my short position at 913000 at breakeven. The bearish pressure has failed. Those with patience can wait until tomorrow to see the lines collected tonight.
辰狩是狩辰吖
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Bearish
The market has initially moved in a positive direction successfully. Bearish direction. No additional positions, continue to hold large. The first key level for bears is 86300. If it breaks 86300, there will be a vacuum below. The key positions for partial profit-taking and deciding whether to add positions are 86300. If it holds, bulls will break upwards by 10,000 points. If it doesn't hold, bears will break downwards by 10,000 points.
The market has initially moved in a positive direction successfully. Bearish direction. No additional positions, continue to hold large. The first key level for bears is 86300. If it breaks 86300, there will be a vacuum below. The key positions for partial profit-taking and deciding whether to add positions are 86300. If it holds, bulls will break upwards by 10,000 points. If it doesn't hold, bears will break downwards by 10,000 points.
辰狩是狩辰吖
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Bearish
Market View: Initial Short Position, No Additional Holdings. When it broke 91000 yesterday, I shorted. I've been holding on because this trend line is too steep to hold. However, since this is only a 4-day bullish lifeline, I have doubts about whether the upcoming trend will be bearish. Originally, I was going to add to my short position on today's rebound, but due to uncertainty about whether this bearish trend will materialize and whether the bullish trend is dying or seeking new support downwards, I decided not to add on the rebound today. If there is a slight loss later, I will cut my losses. If it is a bearish trend, this position won't have a significant loss; any loss would indicate that the bearish pressure has failed, making it unnecessary to hold.
500U turned into 200,000U in a bull market, I want to turn it into 2,000,000 by the end of next year in this bear market, do you think it's possible? Let's all witness the miracle of my brother Mi.
Let me talk about my lifestyle. Because I am a long-term trader, I do not watch the market every day. Instead, I check the daily chart the next morning to see whether it went up or down yesterday, whether it has reached the entry point, what direction is currently strong, how to enter, or whether to layout for a reversal. I also consider how long this market phase might last and when I should plan for a reversal, as well as how to control my position size. This is the state of not having an open position. When I do have an open position, I enter when the price reaches the entry point, and then wait until the next morning to see how it went yesterday. I check whether the logic behind this trade has been invalidated by the market, and whether it is moving in the expected direction. If it is moving in the expected direction, I continue to hold. If the trade logic has been invalidated, I cut my losses and exit. Short-term traders might feel a bit more stressed as they constantly need to seek opportunities in the market. In fact, I spend very little time trading each day. It’s not that I don’t work hard; working with direction is much more useful than staring at the screen, which can lead to anxiety. Let me talk about the direction I am working hard on: 1. Persisting in the market. It’s not that if I lose all my money, I stop trading. After losing, I continue to watch the market and keep trading. Many traders stop trading when they face early losses, so they don't have the opportunity to endure until the positive feedback explosion later on. Many experienced traders may have gone through such a phase: opening trades, making money, opening trades, losing money, improving, opening trades, making money. Although there are still losses, you know the direction of your losses and believe that through improvement, you can progress. This positive feedback is truly rewarding. The reason why experts become stronger is that they have the experience, so they love to trade more, treating trading as a lifelong career rather than a short-term speculation. They treat their trading system as a product. The market is the buyer. If the buyer is not satisfied, they won’t pay you, so you must constantly improve. However, the buyer is fair and just, only looking at whether your product is qualified. As long as your product is qualified, they will reward you handsomely. 2. Review every trade. If I make money, I review the reasons for making money. Is it because I adhered to my logic and my stop-loss, or was it just luck? If I lose money, I review where I went wrong and how I can improve to avoid losing money next time. Reviewing trades is the diligence and effort in trading. Staring at the screen every day is not effort; reviewing each trade is what constitutes effort. When the direction is right, effort becomes useful.
I don't know if everyone knows the famous quotes from domestic futures experts. A long time ago, I heard a saying: 'Go long in an uptrend and go short in a downtrend. Trade in the direction of strength.' I will help everyone identify the current market's strongest direction. No matter if you are trading short-term or long-term, knowing the strong direction will make trading a bit easier.
Thank you all for your attention. I am Shoucheng, dedicated to presenting the clearest and most straightforward front-line market information to everyone, filtering out the most useful information from the chaotic market.
Market View: Initial Short Position, No Additional Holdings. When it broke 91000 yesterday, I shorted. I've been holding on because this trend line is too steep to hold. However, since this is only a 4-day bullish lifeline, I have doubts about whether the upcoming trend will be bearish. Originally, I was going to add to my short position on today's rebound, but due to uncertainty about whether this bearish trend will materialize and whether the bullish trend is dying or seeking new support downwards, I decided not to add on the rebound today. If there is a slight loss later, I will cut my losses. If it is a bearish trend, this position won't have a significant loss; any loss would indicate that the bearish pressure has failed, making it unnecessary to hold.
I think being able to predict the market is not impressive, but catching the market is impressive. Today, I want to reveal an extreme bull market to everyone. It's the kind of market that can rise by 30,000 points in 30 days, with a daily increase of 1,000 points. In the next 3 months, there will be such an extreme bull market. What we need to do is to transition through any fluctuations before this extreme bull market and accurately seize the ignition point, stuffing all the eggs into the bullish side. However, in the short term, I haven't seen this extreme bull market. Let's see where this wave of bullishness starting from 84000 can go.
During the chaotic period, not making choices is to ensure that when the market arrives, one can be unaffected by their own position; the backside determines the mind.
Now, if you were to ask me about my views on the market, there is only one word in my mind: chaos. Endless chaos. It can now be called a strong bullish market because yesterday's needle has been retracted, and today it continues to rise from yesterday. Since it is already a bullish market, why the chaos? Because there are no clear bullish entry points and bearish entry points. The market has entered a chaotic zone, and I can't understand it anymore. I want to take a break for 3 days to a week to see the subsequent trends. I won't chase the bulls, and I won't chase the bears either because there is no logic to speak of. It's just like after the big drop on 1011, when the bulls made a second attempt. At that time, I only had one thought: the bulls are stronger. But actually, that thought is not accurate because it can't be quantified; it's purely a personal subjective view. So I abandoned that approach of determining the strong direction based only on the market. Now the market has also entered that chaotic period, but afterward, the market direction became clear again, similar to the current situation. Chaos is just temporary.
The market will become clearer as it progresses. When the market is clear, it's appropriate to take larger positions. Currently, BTC is at 93600. Yesterday, I liquidated half of my position at 88300, leaving the remaining at 91600. I was down 3 points. We are now at a critical position that will determine the market direction for the next month. This is not wishful thinking, but rather when the market shows a clear bias. If I previously speculated about a monthly bullish trend, it will be fundamentally confirmed in the next few days if it develops. 1. 93600 indicates a lack of bullish momentum, and the bearish trend will continue. This could lead to a drop below 80,000. 2. A decisive breakout above 93000, stabilizing there, and reaching a peak of 98000 would basically confirm that a monthly bullish trend is coming, marking the end of the quarterly bearish phase. These two scenarios depend on the strength of the current bullish momentum. My trading strategy is that if BTC breaks the trend line in the coming days, indicating weakness, I will enter a short position, but it must be confirmed weakness and not just a peak.
Clear the empty position, and suddenly feel the vastness of the world. It's not about feeling less loss of money, but rather about executing your own stop-loss.
My only view right now is the trend line formed by the big candlesticks from 6 PM on December 1st to today. This is just today's candlestick, and its validity is relatively low.
Small stick receiver, big stick goes. I have cleared my short positions, not because I am completely bullish on the market ahead, but because my logic for short positions has been falsified. My logic for short positions is that bearish pressure causes a decline, which can extend for a long period. However, this drastic V-shaped reversal has completely broken the bearish pressure. Therefore, my short position no longer has any significance. I also will not go long next, because this V-shaped reversal candlestick is too prominent. I will wait for 3 to 4 days to 1 week, hoping there will be a potential candlestick trend then, rather than the current extreme market with random spikes.
I have lost half of my short position. I don't know the direction of long and short positions in the short term. Let's discuss both long and short strategies. If it weren't for that big spike on 12.1, the bulls must push to 98000 to expand their levels. The bears are putting too much pressure, so there was a leak first. Today, it surged 6000 points overnight. To expand the level today, it only needs to break the previous high of 93500, which would signify the arrival of a bullish market in January. A terrifying 6000 points overnight. The bearish sentiment is now close to 93000. The bears are currently at a February level, seeking to expand to a March bearish scale.
The bulls are too strong, I have reduced my position by half. Let's see for 2 days.
辰狩是狩辰吖
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86300 First Warehouse Today bounced from 83800 by 4000 points to 87800, when I guessed 86500, I entered one-third of my position again. When BTC reaches 89500, I will consider stopping loss. Originally, I was also planning to increase my position at 89500. Reaching 89500 means completing a 6000-point increase. The bulls are already very strong, so I need to consider stopping loss. If there is a position above 875000, I will enter short. When it reaches 89500, I will stop loss.