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Every step of Bitroot counts! From reconstructing smart contracts with the OP_CAT opcode to cross-chain protocols that connect multi-chain ecosystems, we fill in the industry's gaps with technological innovation, making decentralization and high performance no longer in opposition. The community is together, developers are united, and every bit of trust nurtures the growth of the ecosystem. The future has arrived, and together with Bitroot, witness the next golden era of the Bitcoin ecosystem, letting value consensus illuminate the path #加密市场反弹 #ETH走势分析 #加密市场观察
【Boge Talks Trading】ETH Morning Strategy: Systematic Direction, Open Positions with Stop Loss
2024-12-12 1. Market logic Overnight US stocks surged strongly driven by revised economic growth expectations, leading to a collective rebound in risk assets. Although ETH was affected by the correlation, it still faced resistance at 3260 (0.618 pressure level) this morning, continuing to decline, consistent with our previous prediction of 'reducing positions or hedging short at highs.' The current macro backdrop is cautious, facing two major constraining factors at the end of the year: 1️⃣ Yen interest rate hike expectations (approximately one week later) → Risk aversion sentiment gradually intensifying 2️⃣ Institutional year-end liquidity tightening → Market activity continues to decline Core conclusion: The market is highly likely to maintain a volatile downward trend until around New Year's Day, primarily adopting a bearish defensive approach.
To play contracts, one must understand the difference between leverage in the crypto world and real leverage.
In cryptocurrency contract trading, two types of 'leverage' are usually mentioned: 1. Nominal leverage set by the trading platform (Nominal Leverage) • Definition: This is the maximum leverage multiple that trading platforms (such as Binance, OKEx, etc.) allow users to choose, usually displayed on the trading interface, such as 5x, 10x, 50x, 100x, or even 125x. • Function: It determines the nominal value of the position you can theoretically open with a certain margin. • Formula: Nominal Leverage = \frac{Nominal Value of Position}{Required Initial Margin} • Characteristics: • This is a fixed, preset, optional maximum multiple.
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