逍遥XTony

Can't hold it any longer!!!👏👏👏

The bear market has already started,
This is a bear market,

Both of these statements are true,

But the bear market has only just begun for a month. If it were to drop that much,

A bear market should at least last a year; if it keeps dropping like this, wouldn't it be at zero in a year??

I really don't believe it. How much more can it drop here????

Quickly go all in, okay.👋👋👋

The market outlook is very optimistic for $ASTER!

1. Very strong, does not follow the market;

2. Forming a large arc bottom;

3. The resistance level at 1.25 has been tested multiple times, likely to break through.

4. The token unlock schedule for $ASTER has suddenly changed, except for the S3 airdrop unlocking on December 15, 2025, totaling 200 million $ASTER, all other unlocks have been moved to September 2026, still a small amount unlocked.

First look at 1.5, then look at 3 dollars.👋👋👋

A while ago, a book "The Wife Dating Guide" circulated in the cryptocurrency community. Our friends in the crypto space are so enthusiastic about this "Wife Dating Guide" because trading and dating a wife are essentially the same thing.

When pursuing a wife, the key is to always pay attention to her, then wait, wait for him to suddenly pass away, wait for her to get divorced, wait for them to show some distance, and then take advantage of the opportunity.

The essence of the market is also to wait,

always paying attention to the market, and then wait,

after a rise, wait for a correction,
after the correction, wait for support,
after support, wait to enter the market,
after entering, wait for a surge,
……

After patiently waiting, you will find that the market is actually very simple. The market never punishes those who are patient; it only punishes those who are driven by emotions.

The highest realm of trading, just like dating a wife, is to patiently wait. 😋😋😋

I believe there are many people waiting for Bitcoin to plummet rapidly, to dip, and then hit the bottom to buy in and go long.

In the current cryptocurrency market, due to the involvement of institutions, unless there is significant negative news, there generally won't be
plummeting => dip => hitting the bottom
this phenomenon.
It often happens that it keeps falling (gradually declining), stops, and then hits the bottom.

Don't wait any longer, this position is about right,

now this situation where Bitcoin drops more than altcoins clearly indicates that the market does not want to drop; it's just that Bitcoin is really weak, continuously declining for no reason.

As long as Bitcoin stops declining, stabilizes, and rebounds, altcoins will take off directly. (ETH, SOL, DOGE, and others also belong to altcoins.)

Take off directly, do you understand???

The 3150 position is really about right, don’t study it too closely,
the last wipe is not that you wiped it clean, but that its color has faded to a point you can accept.
Trading cryptocurrencies is the same; it just needs to be roughly right.

I can accept the price of ETH at 3150. 👏👏👏

Recently, there has been a wave of interest in the Wave Theory in the cryptocurrency world, probably due to Nvidia and the widely known Liu Yudong, who has started charging for his explanations of the Wave Theory.
It is unknown whether this has influenced others, but even a once-successful trader has also begun to explore the wave.

Whether it’s waves or the Chen Theory, or any other Wyckoff, these so-called trading theories essentially aim to predict the market. The reason they exist is that people's uncertainty about the future creates anxiety, and the Wave Theory can predict trends, providing a sense of certainty about the future market movements.
With certainty, people feel a sense of stability within.

It is just selling a placebo.

However, the market is fundamentally unpredictable; the market is uncertain. The Wave Theory is essentially fortune-telling, a form of superstition.

Look at the lottery trend chart in this image; lottery players predict the next lottery based on the trend chart. Isn’t it laughable???

But when it comes to the stock market or cryptocurrency, some people actually believe that this Wave Theory is useful!

The core of trading profit lies in:
Patience in waiting,
Courage to open positions,
Guts to hold large positions,
Calmness in maintaining positions,
Decisiveness in cutting losses.

There is no so-called Wave Theory.

Learning about waves (I even think it’s impossible to learn because it’s just fortune-telling, which is why there’s the saying that every person has a different wave) can only make one an analyst, and is of no use for trading, even posing great risks.

You are here to trade and make money, not to be an analyst.
What’s the use of analysis? Those financial analysts are all graduates from prestigious universities, and now it’s so competitive that you can’t even get in without a master’s degree from a top university, right?
They have a pile of financial certificates and are professionally trained; who doesn’t have better theoretical knowledge than you? They are just employees.

Dare to open positions,
Trading is gambling; what skills are there!

Dare to cut positions, dare to hold positions,
Cut losses when wrong, hold on when right!

Believe in yourself,
With me in mind, I see no one!

Knowing all this is not enough; the principle is simple, but when it comes to actually opening positions, one panics and tries to run away after earning a little...

You also need to have execution power,

Haven’t you heard this saying:

Everyone understands the principles, but can’t put them into practice.
Everyone understands the principles, but can’t put them into practice.
Everyone understands the principles, but can’t put them into practice.

Everyone knows how to lose weight; there’s no need for any analysis.

Control your mouth, move your legs, eat less, exercise more,

You might even just need to eat less to lose weight. If you don’t eat, it’s impossible to gain weight. I see that those participating in the outdoor survival challenge in Zhangjiajie, how come every one of them lost dozens of pounds, and some are almost starving to death.

But even though everyone understands the principle, how come there are still so many overweight people?

Knowing and not being able to do it.
Knowing and not being able to do it.
Knowing and not being able to do it.

There’s a huge gap of ten thousand miles between knowing and doing.

And knowing and doing is execution power.

The practice of trading is cultivating your execution power through repeated openings of positions. 😃😃😃

At Binance's invitation, I came to Jeju Island, South Korea to participate in the Binance Camp 2025 event.
There is a casino in Jeju Island, and I went to play with teachers like the Eagle Master and others.

I found that gambling is the same as trading, or rather, trading itself is gambling.

The most important thing about gambling is the gambling nature. Since trading itself is also gambling, the most important thing in trading is also the gambling nature.

Whether you can make a profit or get rich has nothing to do with learning K-lines, techniques, waves, or the theories of Chan.
It's all about gambling nature.
Gambling nature means daring to bet, push, and go all in, regardless of how much you have lost or won.

Anything that can be learned from books is visible to everyone. Can anyone not recite Li Bai's "Quiet Night Thoughts"???
Can you not solve a quadratic equation?
The so-called technical theories can be learned by everyone, but why are there so few who make money or make big money in trading?

Because whether trading can make money depends 99% on what is beyond the books: gambling nature.

Gambling nature is something in a person's character that cannot be learned.

Many people learn from the Eagle Master, thinking that learning from the Eagle Master is like mastering a trading holy grail. If I learn it, I can be like the Eagle Master. Little do they know that the Eagle Master dares to go all in with 2, 4, 8 in the casino, betting all in when the chips reach 280,000.

The more you lose, the bigger the chips you bet; the more you win, the bigger the chips you bet.

Do you dare???

In this market, how many people are afraid to go back in after losing too much, and how many people are more afraid of losing back after winning enough?
This is the fundamental reason that leads to your continuous losses and hesitation in trading.

I wish everyone to always have the courage to go back in, always have the guts to go all in, and always be moved to tears. 😄😄😄

PS: The quality of Korean kimchi is really not good.

Everywhere is gold! 😀

ETH 3180 0.618,
Short-term has arrived, bought the bottom at 3168 for Ethereum!!!
Buy more! Buy more! 😃😃😃

Old Xu is probably as happy as a child during the New Year. 🤣🤣🤣

In the past month or two, I moved continuously, and my desktop computer is packed away, so I haven't used a computer to go on Twitter for a month or two.
Because I was warned about it, my phone was confiscated, and I didn't dare to install Twitter.

Wow, as soon as I got on, I found that the atmosphere on Twitter is really heavy, right from the start people are labeling and insulting each other, calling people 'bootlickers', 'scammers', 'conspiracy theorists', and I heard there are even threats to people's lives.

I don't think I'm a bootlicker for Binance,

What is a bootlicker?

For example, pursuing a girl, I constantly try to please her with words, transferring money, sending flowers and gifts, and she doesn't even let me hold her hand,

That's a bootlicker.

Pleasing with words, transferring money, sending flowers and gifts, am I like that with Binance?
Does Binance not even let me hold their hand?

I trade on Binance, if I have any problems, Binance's sister @sisibinance is available 24/7 to reply, never takes longer than 8 hours to respond to me (there's a time difference, and during non-sleeping hours, responses are basically instant), always there to help.

I bought a little Binance BNB for fee discounts, and in three months it doubled, making around a million, and that was earned through Binance, right? And a million isn't a small amount, is it?

This isn’t my privilege; any user with a problem can reach out to Sister Sisi at Binance, and she will respond, right? Any user buying BNB makes money, right?
The biggest money-making opportunity and effect is right on Binance, isn't it?

We're all guys and have interacted with girls, if a girl responds instantly to your requests and helps you make a million,
Are you her bootlicker? What is she to you?
Answer me!👊👊👊

Binance is going to launch Chinese meme contracts!!!

The explosive popularity of Binance life is one of the most remarkable marketing strategies in the history of the cryptocurrency world.
The concept comes from Hu Chenfeng's Apple life and Android life, which directly contrasts in a binary way, simple and straightforward, highly conducive to spreading.

The thousand-fold increase in value further propelled it into the limelight.

Since then, there are no longer terms like top2, top3, leading, first tier, etc., in exchanges; there is only Binance and the rest.

Interestingly, this impressive marketing was purely a result of favorable timing, location, and people, and was not a deliberate strategy by Binance.

A bunch of conspiracy theories claim that there are schemes to exploit retail investors; this is purely a case of persecution complex, where they feel that everyone in the world, exchanges, KOLs, and leaders... all want to take advantage of them.

Binance life is deeply intertwined with Binance and essentially represents the official meme. From the perspective of public opinion, it is highly unlikely for Binance life to go on spot markets; otherwise, after a crash, public sentiment would be even more overwhelming.🫶🫶🫶

Shenzhen University top student, 2K USDT funding, early investment in Binance life, highest profit 500 WU, now still has over 1 million USDT.

The pattern is really big!

What is the pattern?

Many people are looking for the holy grail of trading everywhere, but the holy grail of trading is actually 24 characters:
Stop loss when wrong, hold when right!
Stop loss when wrong, hold when right!
Stop loss when wrong, hold when right!

Shenzhen University top student with 2K USDT funding, never sold at ten times, never sold at a hundred times, never sold at a thousand times, truly practiced what it means to hold when right.

Holding when right is called having a pattern.

Many regret it, saying the highest profit was in the tens of millions of RMB and didn’t cash out, what a pity.
But have you ever thought about it,
if he had cashed out when he made 500 WU, he might have cashed out long ago at ten times, at a hundred times, at a thousand times, and wouldn’t even have gotten the profit of 500 WU.

Shenzhen University top student used 2K USDT funding to go from 500 WU to 100 WU, practicing what it means to hold when right.

The principles of trading are understood, and even if one doesn’t understand, they know after a glance.
But deeply understanding and turning it into one's own execution ability is very difficult.

The gap between people is execution ability; the difference in each person's execution ability is even greater than the gap between humans and dogs.

Stop loss when wrong, and hold when right, are both very difficult, because humans have loss aversion and the human nature of wanting to secure profits,
when wrong, one always thinks they can bounce back, and then after bouncing back, they run; when right, they quickly want to secure profits, fearing even this small profit will be lost.

Execution ability includes not only the decisiveness of stopping loss when wrong and the patience of holding when right, but also the daily focus on the market, and the courage to open positions,

Recently quite busy, when I noticed Binance life, the market value was already at 10 million, couldn't take the plunge anymore.
But customer service Xiao He, when the market value was over 400K, a friend urged me to buy, was urging me to buy,
I thought for a moment, and felt among the many followers of Chinese memes, this angle was the best:
1. Since there is a Dragon One, then those who missed out will surely create a Dragon Two, and this customer service Xiao He might just be Dragon Two,
2. Customer service Xiao He is like the first sister; the world is a huge Wang Zonghao, the market-making team might operate this Chinese meme based on flattering the leaders.

I thought for 5 minutes, then went out for a meal, didn’t buy... In the end, the highest was 200X,

I saw it again, and someone urged me to buy, plus I also thought about the logic behind it, felt it could be bought, with a great opportunity, why didn’t I still profit?

It’s just because the execution ability of having the courage to open positions is lacking.

Even if I had bought, generally, I would just buy 1 WU, and at most sell at 50X, couldn't even reach 100X or 200X... the execution ability of holding when right is also inadequate.

The holy grail of trading is not those techniques, not those mental methods, but one’s own execution ability.
Integrating trading principles into one’s own experience during trading to enhance one’s execution ability is the core.👊👊👊@GCsheng

1. The trade volume between China and the U.S. has dropped to 8% + China has broken through with a 7nm lithography machine, Trump's tactics against China are ineffective now.
This time it's not the U.S. initiating a trade war, but China is ready to fight; this time China is confident enough and will not compromise.

2. The U.S. stock market hasn't fallen, but the cryptocurrency market has, and when the U.S. stock market starts to decline, the cryptocurrency market will directly plummet; in the past, when there were significant drops at high points, the U.S. stock market was still rising while the cryptocurrency market began to fall.

3. Foreign media reports that China has found Trump's fatal weakness: the stock market, and the next step may target the U.S. stock market. 🙏🙏🙏

I saw someone say that some altcoins on Binance, such as ATOM and IOTX, have dropped to zero,

which is due to extreme market conditions where market makers have died, and no one is taking orders, resulting in a lack of liquidity, causing prices to drop to extremely low levels, low enough to appear as if they have seemingly gone to zero.

However, this has not affected the contract prices on the platform; the contracts won't be liquidated just because the spot prices are extremely low.

Because such low prices are a momentary occurrence, lasting less than a second, the contract marked price is calculated using a sliding average over several minutes, so the contract prices did not drop to that extremely low spot price.

The liquidity of altcoins in this cycle is particularly poor and hard to navigate.

In fact, what the crypto world lacks the least is black swans, and due to the lack of regulation, manipulation is quite serious,
no one is responsible for you; it's important to manage risk on your own account.

For example, register multiple accounts and spread out your funds,
for example, use isolated margin for contracts instead of cross margin,
for example, only use a small amount of money to trade contracts and altcoin contracts,
……
these are all good ways to take responsibility for your own funds.

The crypto world is an unregulated jungle society where the weak are preyed upon by the strong; complaining and cursing are meaningless, life must go on, and coins must still be traded. It's important to identify and improve problems within oneself; that is the real matter. 🙏🙏🙏

Old Xu builds, constructs, and then faces a lot of ridicule,

He might feel quite wronged, I guess?

Actually, about half a year ago, in May and June,

Old Zhao was also building every day,
At that time, the Binance wallet was hard to use, often getting stuck on-chain, and memes would hit their highest points right after launch,
However, during that time, Old Zhao was also mocked: building every day, but what he produced made people lose money every day.

When did people stop mocking Old Zhao and start building alongside him?

The BNB ecosystem exploded, BNB rose over 1000, several memes surged several hundred times, many users made money,
And then they stopped mocking.

So, what do retail investors value the most?
Opportunities to make money, especially opportunities to make big money.

Whether it's Old Xu or Old Zhao, whether you build or not, it has nothing to do with me, the retail investors.

As long as Old Xu can provide retail investors with opportunities to make money, you can chant "Amitabha" every day, and everyone will think you chant well.

After entering the country, there will be great scholars to debate for me.😀😀😀
@star_okx

The cryptocurrency market's major disaster on October 11 caused harm to many people, but Binance launched the "Same Boat Initiative"—an action for industry recovery and rebuilding confidence: investing $400 million to help the industry recover and rebuild confidence.

We won’t focus on the $100 million low-interest loans for institutions, as we are not institutions,

The benefits for us ordinary retail investors are that Binance's "$300 million User Seed Program" will distribute USDC vouchers valued at a total of $300 million to some affected users, with amounts randomly ranging from 4 USDC to 6,000 USDC, as detailed in the rules shown in the image,

As mentioned in the announcement, this may not improve users' lives, but these are seeds of hope.

Surely someone will say, why are we flattering them for a little benefit?
If we don’t flatter the industry leaders, should we flatter those at the bottom of the rankings?

The cryptocurrency industry is famously rife with black swans; any platform could encounter issues. What matters is the attitude after problems arise—can they acknowledge it, can they provide compensation,

Do you remember which platform's market maker clearly had their own issues, losing tens of millions to users? How did they treat their users?
Banning accounts, pursuing claims, sending lawyer letters.

Regarding Binance's issues with the USDE withdrawal, Binance did not wait for an investigation to resolve the issue for users; instead, they stepped forward to provide compensation immediately and initiated the "Same Boat Initiative." As He Yi said: "I hope the relief plan can give users injured by the crash a chance to start anew."

They have done everything they should and shouldn’t do; achieving this level, they can bear the title of industry leader.😃😃😃

The market is likely to test the position just above 10,000 again, with a second bottom.

From a macro perspective, this trade war is different from April's. In April, Trump applied extreme pressure and made unreasonable demands before taking a step back, forcing China to comply; this is Trump's old tactic.
Later, China and the U.S. had three talks, but they didn't really achieve much.

This time, China is taking the initiative to control rare earths globally against the U.S., learning from the Americans to impose long-arm jurisdiction. When Trump saw this, he got furious and wrote another small essay, causing the disaster in the cryptocurrency market on October 11.

If they can go back, I can too. The U.S. is using long-arm jurisdiction against my chips, so I will use long-arm jurisdiction against your rare earths.

This time, China will not compromise. It is not the U.S. that wants to start a trade war; it is China that wants to start a trade war.

Because
1. The trade volume between China and the U.S. has dropped to 8%, making the trade card meaningless; tariffs can be imposed or not.
2. China has developed a 7nm lithography machine, so chip sanctions are ineffective.

Trump has no cards left. If he wants to continue extreme pressure, he must play a bigger card, such as a financial war, threatening to delist Chinese companies, or using the Taiwan card, etc.

Therefore, in terms of macro news, Trump must either play a bigger card to pressure China, such as delisting Chinese companies,
Or make concessions to China and negotiate a good outcome; how is that possible??? Trump is such a proud person.

Increasing tariffs and chip sanctions have already become a pair against three, which is no longer a threat to China.
Trump must play a bigger card now, and worse news may come out at any time.

From a market perspective, both the U.S. stock market and cryptocurrency are at high levels, and it is very difficult to rise before news comes out; it is still falling.
Trump's small essay was merely the fuse that led to the disaster on October 11.

The next market movement will likely be a second test, which is highly probable.

The market is very likely to test the position just above 10,000 again, with a second bottom.

From a macro perspective, this trade war is different from April. In April, Trump was applying extreme pressure and making unreasonable demands, then took a step back to force China to submit; this is Trump's old tactic.
Later, there were three rounds of talks between China and the U.S., but they didn't come up with much.

This time, China is taking the initiative to globally control rare earths against the U.S., learning from the U.S. to exercise long-arm jurisdiction. When Trump saw this, he got furious and wrote a little essay that caused the major disaster in the crypto world on 10.11.

If America can use long-arm jurisdiction against my chips, then I can use long-arm jurisdiction against your rare earths.

This time, China won't compromise. It's not the U.S. that wants to start a trade war; it's China that wants to start one. China is actively engaging in this battle.

Because
1. The trade volume between China and the U.S. has dropped to 8%, making the trade card meaningless; tariffs can be raised or not.
2. China has developed a 7nm lithography machine, rendering chip sanctions ineffective.

Trump has no cards left. If he still wants to apply extreme pressure, he must play a bigger card, like a financial war, threatening to delist Chinese companies, or using the Taiwan card.

Therefore, from a macro news perspective, Trump either needs to play a bigger card to pressure China, such as delisting Chinese companies,
or he has to back down and negotiate with China for a favorable outcome. How is that possible??? Trump is such a proud person; if he could have negotiated a deal, he would have done it long ago.

Raising tariffs and chip sanctions are meaningless now; it's a one against three situation.
Trump must play a bigger card, and we may soon hear worse news coming out.

From the market perspective, both the U.S. stock market and crypto are at high levels, making it difficult to rise before the news comes out; they are still falling.
Trump's little essay was merely the fuse that led to the disaster on 10.11.

Next, the market will likely see a second test, which is highly probable.