Experience from Someone Who Has Been There
If you don't know how to trade logically right now
I think the main issue at hand is not to think about how to make a profit
But to establish your own trading system and logical support
For example, after the BNX event, as long as Binance does not change the rules, the leading market makers do not need to sell off to complete market harvesting.
Next is the current market hotspot and focus, where the funds are circulating, actually just by looking at the fund inflow and market turnover, you can know, aside from Bitcoin and Ethereum, whoever is third is the hotspot, the market's attention is clearly on Trump, so just find a way to trade it honestly.
Trump Dinner, the market we understand is that the Trump team uses public opinion news to make money, but some need to exchange money for resources, this is a very good channel, which forms a situation where capital will surge in before the dinner ends, and there is also the hedging behavior of those on the guest list. If, I mean if, Trump coin experiences a significant surge, and market makers cooperate to withdraw orders, then the market may similarly experience outrageous negative fees (Doge coin already has a precedent, those experienced in the coin circle should know), what would the market look like then?
So always getting entangled in whether today is long or short doesn’t really have much significance in a strict sense, it’s all about behavioral strategies. For instance, if Zhang San thinks 94,000 is the peak, he believes the main force is deliberately selling off and accumulating short positions here, then he must have previously profited using this method, whether based on technical patterns or something else, this is a basic logic. On the contrary, if Li Si thinks this is a daily breakout, with weekly rebound demand, and that it is just sideways consolidation after the breakout, expecting to see 100,000 or 150,000 in the future, then he must have eaten the dividends brought by the breakout to have such a logical thought.
Learning and reviewing in the coin circle is really important
Don’t always think others are just trying to cut you or something, don’t always have a persecution complex, those who can survive in this market all have their own unique understanding, especially traders, even if they are not very good, they still have their skills.