Analyst Liang Qiu: Bitcoin/Ethereum Continues to Take Space, What to Pay Attention to During Operations

Bitcoin/Ethereum has seen significant movement recently, and for those who have kept up, the potential is quite large. On June 11, that evening, I decisively reminded that Bitcoin and Ethereum were approaching a peak around 110,000 and 2,850, respectively, and indeed, within three days, the prices dropped to around 102,600 and 2,430. Subsequently, I once again indicated that there was strong support around 103,000 and 2,450 in the short term, and that the market conditions wouldn't change overnight. Short-term bottom fishing and the trend of high selling and low buying over the past few days have shown real potential, as can be verified in my previous writings.

I often emphasize to many friends that during trading, one should avoid frequent operations, chasing highs and selling lows, and engaging with low-quality altcoins. However, many people still cannot control themselves, pursuing dozens of trades in a day, showing no patience at all. To be honest, without patience, one cannot succeed, just like in traditional markets. It is rare to hear of those who frequently trade achieving substantial gains. It is essential to focus on the trend and the trading range; when the trend is established, holding some points is not a big deal. Additionally, having more patience while following the trend requires someone to provide you with more steadfast confidence. If you're still struggling, feel free to chat with me.

Moreover, let me summarize: being stuck in a position is not necessarily a disaster. Most investors need to maintain a calm mindset when trapped, summarizing why they got stuck and where they went wrong, which will help avoid similar mistakes in the future. There’s also a saying: sometimes you don't make money unless you're stuck, and being trapped can sometimes lead to significant profits. Being stuck can occasionally turn into an opportunity.

[The above analysis and strategies are for reference only. Please take risks at your own discretion. The article's review and publication may not be timely; please refer to real-time data.] #鲍威尔发言