Brothers, hasn't this recent rebound made you itchy? Watching those altcoins you've never even heard of fly around, do you feel like you've missed out on billions?
The US stock market has not been doing well before Trump criticized Powell today. After all, since early this morning, a lot of negative economic news has been circulating. After the US stock market opened, Trump's posts further dampened investors' emotions, cooling them from head to toe. One is the ruler of politics, and the other is the master of the economy. Trump tearing into Powell directly increases market uncertainty.
Bitcoin:
We are currently in the second phase of the rise, having reached the 0.382 point of the first rise. Along with MA200 and previous high pressures, it's normal not to break through the first wave, especially since the US stock market is dragging behind. It's normal for the second rise to reach between 0.382 and 1 of the first rise; if it goes to 1.618, that would be very strong, and there might be a third rise.
Altcoins
In a slightly warming market, each altcoin will have its own characteristics. If you think of each coin as a person, it becomes easy to understand; everyone has a different personality;
For example, SOL acts as a vanguard every time it rises, lifting ahead of BTC and adjusting before BTC. It always plays the role of a rear guard, and once it rises, it basically signals the end of the battle;
So, just manage it yourself; before trading a coin, you must observe it yourself. My articles are continuous, and for those who don't have their own routine, continuous reading should help you understand my trading style a bit.
Trading strategy
1) What is trend trading?
When there is obviously still a small upward trend, don't try to pick a top, and definitely don't bet against it just because you missed out;
2) What is level?
Look at the 3-day MACD, look at the weekly MACD, look at the daily MACD. You can quickly see what cycle of market you are in;
Many people struggle with trading because they often get the levels wrong. For example, right now, what we are experiencing could be a weekly or 3-day level rebound, but we may be in a larger level of decline. In this larger level of decline, BTC has consistently been in a bull market long-term;
In this weekly level rebound, there may have been divergence indicators at the daily level, indicating a need for adjustment, but this adjustment does not necessarily have to be a decline; it could also be resolved through sideways movement or continued slight increases.
Is BTC88000 at its peak? I wrote in my article yesterday (Frenzied Small Bull Market! Bitcoin aims for 90,000, dancing with the institution? ETH returns to 1600, completely hopeless? What is the current strategy? (With password))
The above is an effective observation perspective; another perspective is space. I have previously mentioned that space is very important.
When the market is volatile, you want to escape; when your position is profitable, you want to hedge; when you suffer consecutive losses, you doubt your strategy; in boring markets, you start to 'all in'...
A flurry of operations as fierce as a tiger, instant noodles can't match the seasoning packet. These are not jokes, but real dilemmas faced by every trader. Making money in the crypto world relies on cognition, not luck!
Low-risk ambush with these altcoins, a 10x surge is just the starting point!
BCH: Bitcoin Cash BCH can be considered an expanded version of BTC, with faster transaction speeds and lower fees. Although it is not as popular as BTC, it is still an established coin and won't easily fade away.
LTC: Litecoin is Bitcoin's younger brother, focusing on fast payments. Transfers are faster than BTC. It can rise during every bull market, suitable for buying low and selling high.
ADA: ADA is an academic public chain with solid technology and a reliable team. Although it rises slowly, it is not prone to sudden crashes, making it suitable for conservative players.
SOL: Solana SOL is Wall Street's favorite high-performance public chain, fast, low cost, and with a powerful ecosystem, second only to ETH, and is viewed positively in the long term.
XRP: Ripple XRP is specialized in cross-border payments and has partnerships with many banks. Although it is embroiled in lawsuits, it won't die easily and is suitable for betting on its comeback.
DOGE: Dogecoin DOGE is Musk's favorite, relying purely on community and hype, high risk, high reward, suitable for short-term trading, don't go heavy.
MKR: A leader in decentralized lending, the stablecoin DAI was created by it. Can make money even in a bear market, making it a stable DeFi coin.
AAVE: AAVE is also a leader in the lending sector, safe, reliable, and with stable returns. A must-have coin for DeFi, holding it long-term won't incur losses.
BNB: The beloved child of Binance exchange, with discounted fees and various benefits. As long as BNB does not fail, it will not fade away.
LINK: LINK is the leader in oracle services, providing data support for smart contracts, an infrastructure for the blockchain world, with a positive long-term outlook.
AVAX: A high-performance public chain, fast, low cost, and with a strong ecosystem. It is a competitor to ETH with great potential.
SUI: A new public chain leader, very fast with strong capital support. It could become the next SOL, but it depends on ecological development.
CRV: The leader in stablecoin trading, essential for DeFi. Stable returns, but the price fluctuates greatly, suitable for buying low.
LDO: LDO is the leader in ETH staking, earning interest passively. As long as ETH rises, LDO will have potential.
TON: Telegram's beloved, with a large user base, aims to provide an efficient, secure, and private decentralized social network and financial service platform for hundreds of millions of users worldwide, with a promising future.
TRX: The coin of Sun Yuchen, although controversial, has a good ecosystem. Suitable for short-term trading, not for long-term holding.
