Beginner Trading Teaching and Technical Articles Compilation---Continuously Updating
This article will continue to be updated to include some trading technology teaching summaries that are helpful to novices, so that everyone can directly query the problems. ✨Personal homepage: Homepage Public account and introduction 📖📖📖Trading Classroom 7📖📖📖 1. 认识k线, the starting point of all transactions 2. 量价关系, the fundamental reason for market fluctuations 3. 技术指标, tools to assist trading 4. 趋势识别, identifying the ups and downs of the market 5. 图表形态, how to use different K-line patterns to predict future market ups and downs
The sell wall from yesterday is still holding strong; once it gets touched or approached, we can expect a dip unless that order gets pulled and big buy orders step in to support the price, which could trigger a new rally.
History repeats itself once again. #BTC $BTC {future}(BTCUSDT)
For those looking to stack some bags below 40, who knew it would skyrocket and just keep climbing? I've only put in a bit over 2600 U, and it's a tough pill to swallow. $HYPE
Vink柒
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In a bear market, we only recommend 3 coins: one is BTC, one is BNB, and the other is hype.
BTC goes without saying; it will definitely reach new highs in the future. Every deep pullback is an opportunity to buy spot.
BNB is the leader in centralized exchanges, with stable cash flow for buybacks and burns, etc.
Hype is the leader in decentralized exchanges, and its market share will only increase. In a bull market, a 6 to 7 times increase is not a problem. #BTC
The weighted cost has finally maintained a positive value, indicating that the majority believe we've hit the bottom or, in other words, that we won't see new lows. What follows is the transition from bear to bull.
But danger often arises at this very moment; without solid fundamentals backing the bullish sentiment, the continued influx of big money can often represent a juicy consensus.
When does this consensus become a crowd-supported rally? Aside from the electricity concept, it's hard to imagine another. Today’s electricity is akin to oil during the last industrial revolution; it's the lifeblood that we can't bypass, no matter what.
There's a small gap around 78600. It's common knowledge that gaps tend to get filled within a month, but since this one is so close, I estimate it will get filled within a week. The last gap got filled before the price started to drop.
As of yesterday, BTC has fully filled the gap at 80k, and now there's just a small gap around 70k left.
I didn't expect it would take 3 months to fill the 80k gap. Back in March, when it didn’t fill, I thought it would be tough to close that gap in a short time, and that we’d at least have to wait until after hitting the bottom to see an upward trend before it got filled.
The probability of filling a gap within a month is the highest, and anything beyond that usually requires a longer wait to close.
The consensus in this bear market is too strong; everyone is going short. Plus, we haven't seen any black swan events typical of the late bear market, which usually leads to significant price breakdowns. Maybe this time going short is a mistake?
Currently, my short position is still in the red; it hasn’t hit my stop-loss yet, but I estimate I’ll likely get stopped out this time. $BTC {future}(BTCUSDT)
The new Fed chair, Waller, appears to be dovish on the surface, but behind the scenes, he's playing the hawk card—tapering and cutting rates. On the surface, it looks like rate cuts, but secretly, they're tightening by reducing the balance sheet, effectively hiking rates.
They're pushing for a stronger dollar policy.
Higher rates will drain liquidity, putting short-term pressure on both gold and Bitcoin.
The sell wall from yesterday is still holding strong; once it gets touched or approached, we can expect a dip unless that order gets pulled and big buy orders step in to support the price, which could trigger a new rally.
Today, there was a sudden increase in a large sell order at the top, creating significant pressure in the short term. A 100 million sell wall means that once the price hits that level, we will definitely see a small retracement.
Will history repeat itself? Last time we saw a 200 million sell wall, the price subsequently started to drop until the sell orders were pulled, after which a large buy wall appeared and the price began to rise. $BTC {future}(BTCUSDT)
Today, there was a sudden increase in a large sell order at the top, creating significant pressure in the short term. A 100 million sell wall means that once the price hits that level, we will definitely see a small retracement.
Will history repeat itself? Last time we saw a 200 million sell wall, the price subsequently started to drop until the sell orders were pulled, after which a large buy wall appeared and the price began to rise. $BTC
It’s gotta be the US stock market, the crypto scene is really wild
You can just buy any storage and it’s pumping like crazy, what used to take at least a year to gain now happens in just a month. Nvidia took 9 years to pump 40x, while SanDisk just shot up 60x in a year.
Is this silicon-based life form handing out basic living subsidies to worthless carbon-based life forms?
The sentiment in a bear market is the biggest driver of direction. It's just like the last range, but with retail sentiment shifting. In the previous range, everyone was leaning towards going long, thinking it was just a pullback before another surge.
In this range, people are mostly bearish, feeling like we haven't hit the bottom yet. They're shorting like crazy at high levels, providing perfect liquidity for exiting at the top, which has kept prices from dropping further.
Currently, more folks are transitioning from bearish to a wait-and-see approach. Perhaps we need a significant pump followed by a healthy retracement to flip more retail traders to a bullish sentiment.
Previously, I expected a rise to 80k, but in a spike pattern. However, it seems like there's a bit of stabilization happening now.
As of yesterday, BTC has fully filled the gap at 80k, and now there's just a small gap around 70k left.
I didn't expect it would take 3 months to fill the 80k gap. Back in March, when it didn’t fill, I thought it would be tough to close that gap in a short time, and that we’d at least have to wait until after hitting the bottom to see an upward trend before it got filled.
The probability of filling a gap within a month is the highest, and anything beyond that usually requires a longer wait to close.
The consensus in this bear market is too strong; everyone is going short. Plus, we haven't seen any black swan events typical of the late bear market, which usually leads to significant price breakdowns. Maybe this time going short is a mistake?
Currently, my short position is still in the red; it hasn’t hit my stop-loss yet, but I estimate I’ll likely get stopped out this time. $BTC
The US stocks are really on fire, it's hard to believe the gains, it's tough to even think about losing money on them. They're hitting new highs every day.
One chart to understand the fees, but of course, focusing on just one metric is tough to gauge the market. You've gotta factor in price and open interest (oi) too.
Fees play a bigger role in arbitrage and altcoin plays, and it's crucial to keep an eye on their volatility. It's not just about whether the fees are positive or negative; volatility shows the shifts in market sentiment.
Like I mentioned a couple of days ago, the weighted fees for BTC have clearly dropped. Even though it's still in the negative, it indicates that there are fewer short sellers than before, so the potential for further short squeezes is limited.
Positive fee arbitrage: Buy spot, then open an equivalent short position in contracts to keep profiting from the contract fees without risking your principal.