What is the most important thing to survive in the cryptocurrency world? #加密市场反弹
Leverage liquidation? Is a V-shaped rebound a trap or an opportunity? These must be your pain points, right?
First, let's talk about whether to engage in leveraged trading. It's like borrowing money to gamble on high or low; if you take 100 bucks and use 5x leverage, it's like betting 500 bucks. When the price rises, it's indeed exhilarating, but as soon as it drops by 20%, your principal goes to zero, and you’re left with nothing. Recently, any slight market movement has caused heavily leveraged bulls to collapse like dominoes, one after another, automatically selling off and crashing the market into free fall.
After a sharp decline, V-shaped rebounds often occur. After a short-term drop, buying funds and short covering help push prices back up, but the sustainability depends on the nature of the negative news—be wary of black swans like geopolitical issues; emotional sell-offs rebound quickly.
But whether the rebound can be sustained depends on the trigger for the decline. If it's a black swan like geopolitical issues, recovery will be slow; if it’s a short-term emotional sell-off, the rebound can happen very quickly.
So how to judge what kind of situation we are currently in? Here’s a tip: check the liquidation data on CoinGlass. If there are a lot of liquidations in a short period, it’s mostly an emotional sell-off, don’t panic; but if the market follows macro trends, like the Fed suddenly turning hawkish or international relations becoming tense, then you need to be alert.
In this market, technical analysis only plays a supporting role; the major influence is actually news. Earlier this year, there were continuous positive developments regarding Bitcoin ETFs, but the macro environment was bearish, and the price remained stagnant.
Also, not all negative news is worth panicking about. For example, when the U.S. banking crypto channels were closed, that was a real harm to liquidity; now that the channels are gradually reopening, capital is coming back to make waves again.
It's not about how much you earn, but rather whether you can afford to lose. Surviving is the most important thing; only calm people can pick up gold amidst chaos. If you blindly enter a trade hoping to profit by luck, you will ultimately lose based on skill!
There are many opportunities in the crypto world, but don’t mistake luck for skill. First, learn to stabilize small capital growth, then talk about getting rich quickly. Follow me, and I’ll guide you to position yourself in the main wave of the bull market!