First, let's clarify a concept: if we compare our world to a game, making money is like earning contribution points. The more you contribute to this world, the more money you earn. Just like stock trading, you might not be laboring, but you can still make money. What kind of money are you making? You're making money that supports good companies. You give money to good companies, whether to help them expand or to enhance their risk resistance. They can contribute to the public, and by supporting them, you are also contributing. Therefore, contributing to humanity doesn't necessarily require labor; supporting the right things is also a contribution.
After holding Ethereum contracts for two months, I lost a maximum of 20 Ethereum (around 700,000, including the drop in Ethereum itself). I'm not afraid, what are you afraid of? I will lead the charge. Don't be afraid, buy with confidence. What's the difference between Ethereum at 1800 and getting it for free?? $ETH
Post time 9.13, Bitcoin reached its peak on 10.6, lasting 23 days🤫🤫
以八千
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Currently, we are at the end of the official second phase, altcoins are stirring, the altcoin season is about to begin, and the bull market is nearing its end, expected to finish within half a month to a month. Please clear out all coins except Bitcoin in a timely manner, or you might be stuck for another four years. 😆 Currently, Ethereum options have sold 40% in total, contracts have sold 40% in total, and spot sales are at 0%.
I am currently looking at the bear market. Interest rates have been cut twice, the US stock market is rising steadily, cryptocurrency is stagnant, the A-shares are surging, the US stocks are surging, gold is surging, but the crypto market is still as inactive as at the beginning of the year. In fact, looking back, it was already strange on the day Ethereum reached its new high; every time it rises, it declines afterwards, with lower lows. I feel like from that time, someone has already started to sell off.
Looking back, the bull market has actually ended in 2024, and the altcoin season also occurred in 2024. 2025 is just the year when Bitcoin drains the liquidity of altcoins to forcibly complete the last year of the four-year cycle bull market. The reaction of Ethereum also reveals clues. Why did it have to drop to 1380 before reaching a new high? It's because it simply couldn't rise anymore; it had to crash first and then rise again to harvest a wave.
This year's final return is around 550%. I withdrew 2 million, leaving about 3.5 million in USDE to earn interest.
Talk about the differences between Bitcoin and all other cryptocurrencies All other cryptocurrencies are born to serve Bitcoin, some are to improve Bitcoin's shortcomings, and some are to help promote Bitcoin, etc.,
If we compare Bitcoin to an emperor on an entrepreneurial journey, then other cryptocurrencies are the civil and military officials surrounding him. Some officials will accompany the emperor to the end, but most can only accompany the emperor for a while, providing assistance during that period. Therefore, rather than investing in all coins other than Bitcoin, it is better to invest directly in the 'emperor' himself, because if the emperor dies, the crypto circle is gone, and when the emperor ascends the throne, the rewards you receive will certainly be the most.
So, in fact, the crypto circle is just a derivative of Bitcoin, a necessary support for a future emperor to ascend the throne. As for why Bitcoin will definitely ascend to the throne in the future, you can refer to the article I quoted, which elaborates on the superiority of Bitcoin as a currency in detail. I believe that in ten or several decades, Bitcoin will definitely gain a certain status on the currency level!
以八千
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How to Make Money in the Crypto World?
First, let's clarify a concept: if we compare our world to a game, making money is like earning contribution points. The more you contribute to this world, the more money you earn. Just like stock trading, you might not be laboring, but you can still make money. What kind of money are you making? You're making money that supports good companies. You give money to good companies, whether to help them expand or to enhance their risk resistance. They can contribute to the public, and by supporting them, you are also contributing. Therefore, contributing to humanity doesn't necessarily require labor; supporting the right things is also a contribution.
Many people ask if there is still a altcoin season? Personally, I think there isn't, or rather the altcoin season has taken on a different form, transforming into various groups issuing tokens (which is also a random surge of new coins), why?
Everyone can think about what the logic was behind the previous two rounds of altcoin seasons? It was because institutions hadn't entered the market yet (the market was primarily driven by retail investors), and when retail investors made money from Bitcoin and Ethereum, they would put their money into higher-risk altcoins, thus leading to a flourishing altcoin season. However, the main capital driving this round of increase is institutional ETFs (the participation of retail investors is not as high as before), and institutions cannot casually invest in altcoins after making profits; instead, they will invest in new projects or issue new coins (based on the logic above, I also asked ChatGPT, see the first two images attached for validity).
As for the random surge of new coins, everyone might not feel it much. I can give you a reference: Alpha airdrop, previously, I could earn about three thousand yuan in a month, and after participating for ten days at the end of September, I earned seven to eight thousand (see image three), and this is not an isolated case; basically, everyone who participated earned this much. Additionally, with the recent chaos of various Chinese memes, I think we can say that the new 'altcoin season' is nearing its end.
Therefore, I believe a bear market is just around the corner. This round of a 17 billion drop is not a washout before a surge but the beginning of a bear market. I will take advantage of the rebounds in the next few days to clear out some of the remaining Bitcoin (if there are any).
Did not expect it to drop so quickly, so fiercely, bloody, cruel, this is the essence of the crypto circle, always remain vigilant, always respect the market
以八千
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In this quoted post about the biggest pain points of Ethereum, we analyze that Ethereum dropped to 3800 because the largest pain point for Ethereum options at the end of September is 3800. The subsequent exercise completion may have caused a surge due to market makers covering their shorts. Looking back, there indeed was a surge to 4700 a few days ago, and then it started to continue to decline to around 4400. We still analyze from the largest pain points. At the end of October, the largest pain point for Ethereum options is 4200, and at the end of December, it is 3000. Let’s also take a look at Bitcoin options. At the end of October, the largest pain point for Bitcoin options is 11.7w, and at the end of December, it is 11w. This also shows a downtrend, but it’s not as severe as Ethereum. The above is an analysis from the options perspective, now let’s look at other aspects. 1. The four-year cycle has ended in these few days. 2. In these days, the Chinese name for Binance has been chaotic with various scams, even a name called “My B is so itchy” has appeared. Although it’s not the scam season everyone remembers, the scene is no different from the scam season. 3. Ethereum's weekly chart is already precarious, and a crash is imminent.
Therefore, I believe: Ethereum may not last long. This month may fluctuate around 4200, and in November and December, there may be a significant drop. Bitcoin may be a bit more resilient, so I have already liquidated my Ethereum holdings, and I will continue to hold Bitcoin to observe. In the following month, I will also liquidate some of my Bitcoin holdings, leaving only 30% of the position as Bitcoin that I will never sell.
In this quoted post about the biggest pain points of Ethereum, we analyze that Ethereum dropped to 3800 because the largest pain point for Ethereum options at the end of September is 3800. The subsequent exercise completion may have caused a surge due to market makers covering their shorts. Looking back, there indeed was a surge to 4700 a few days ago, and then it started to continue to decline to around 4400. We still analyze from the largest pain points. At the end of October, the largest pain point for Ethereum options is 4200, and at the end of December, it is 3000. Let’s also take a look at Bitcoin options. At the end of October, the largest pain point for Bitcoin options is 11.7w, and at the end of December, it is 11w. This also shows a downtrend, but it’s not as severe as Ethereum. The above is an analysis from the options perspective, now let’s look at other aspects. 1. The four-year cycle has ended in these few days. 2. In these days, the Chinese name for Binance has been chaotic with various scams, even a name called “My B is so itchy” has appeared. Although it’s not the scam season everyone remembers, the scene is no different from the scam season. 3. Ethereum's weekly chart is already precarious, and a crash is imminent.
Therefore, I believe: Ethereum may not last long. This month may fluctuate around 4200, and in November and December, there may be a significant drop. Bitcoin may be a bit more resilient, so I have already liquidated my Ethereum holdings, and I will continue to hold Bitcoin to observe. In the following month, I will also liquidate some of my Bitcoin holdings, leaving only 30% of the position as Bitcoin that I will never sell.
以八千
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Bullish
The maximum pain point for the Ethereum options worth 5 billion US dollars on September 26 is 3800. This also indirectly confirms why Ethereum has plummeted in the past few days, as there were too many options sold for September 26, totaling 5 billion dollars. Market makers, in order to make a profit, will definitely push the price towards the maximum pain point of 3800, shorting to drive the price down. After the options are exercised, the short positions will become useless and will naturally be closed, and the closed short positions will become the driving force for the price increase. Therefore, after 16:00 today (exercise time), Ethereum may welcome a wave of surge. I think it's a good time to buy a hand of Ethereum.
The maximum pain point for Bitcoin options at the end of October has reached 114,000. Considering the maximum pain points of 110,000 at the end of November and December, October should be the last wave of bulls for Bitcoin. Based on our experience with Ethereum options at the end of September, market makers are likely to start strongly guiding the price towards the maximum pain point about ten days before expiration, which is around October 20th. Now let's look at the real factors: it is basically confirmed that interest rates will be cut by the end of October. Around October 20th is roughly the peak time for speculation on interest rate cuts. It is expected that from today until the 20th, there will be a coordinated pump and speculative sentiment. By then, the sentiment on the 20th will peak. Currently, the fear and greed index is at 73, which is in the greed stage. If speculation reaches extreme greed within a week, preparations for exiting can begin. There aren't many Ethereum options sold at the end of October and November, so the hit rate for maximum pain points may not be high. If funds are concentrated on Bitcoin for a pump in October, the price of Ethereum may be suppressed and rebound in November (with very low open interest in Ethereum options). This also aligns with the pattern of pumps in the crypto market: when Bitcoin rises, Ethereum rises; when Ethereum rises, altcoins rise. To summarize, Bitcoin can be held in October. If sentiment enters extreme greed before the 20th, then start to liquidate. If the situation looks off before the end of the month, then start to run. Ethereum can be held until November, and it is advisable to complete liquidations before December. The altcoin season may occur in November and December. Those currently holding altcoins can wait a bit longer and be patient.
Well said, how to control the position to keep oneself calm, peaceful, and not afraid of potential drops due to worry, nor anxious about missing out on opportunities, this is the true way of trading.
K线人生飞哥
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The Way of Trading: Return to the Market, Let Go of Obsessions
Everyone must understand that we come to this market not to be prophets or masters of metaphysics, trying to find some "laws"—the standards of trends and price breakouts emerge from the present, while fluctuations and false breakouts are defined only in hindsight.
So if you expect to rely on some magical indicators to determine whether the next move will be a fluctuation or a false breakout, you are essentially deceiving yourself.
What we can actually do is very simple: learn to respond, to respond correctly and reasonably to the market's actions in the present moment, and then let go of obsessions. Don't always think that this trade must be profitable, and don't always believe that you understand the market better than it does. Return to the tangible act of trading and avoid overdramatizing the situation.
I guess you must have had this experience: clearly seeing a wave of market movement brewing, and indeed finding an entry point to buy, but interestingly, the market does not start when you are most optimistic and confident; instead, it chooses a moment when you almost forgot about this trade to suddenly explode... So you see, recognizing the market trend is not extraordinary; timing it correctly is the real skill. We should not force ourselves to "precisely judge the timing," but rather let go of the mindset of "I have entered the market, so the market must immediately move as I wish." Treat each trade as a normal trial and error; no movement is normal, and when there is movement, it is the market giving a red envelope—an unexpected surprise!
Only in this way can you achieve: losses that are understood and controllable; profits that are solid and grateful. Profit does not rely on your predictions, but entirely on the market's gifts. When you reach this state, you can be considered truly on the right path.
The maximum pain point for the Ethereum options worth 5 billion US dollars on September 26 is 3800. This also indirectly confirms why Ethereum has plummeted in the past few days, as there were too many options sold for September 26, totaling 5 billion dollars. Market makers, in order to make a profit, will definitely push the price towards the maximum pain point of 3800, shorting to drive the price down. After the options are exercised, the short positions will become useless and will naturally be closed, and the closed short positions will become the driving force for the price increase. Therefore, after 16:00 today (exercise time), Ethereum may welcome a wave of surge. I think it's a good time to buy a hand of Ethereum.
Talk about views on Ethereum. Currently, it still seems to be the same wash trading method as before. Each rise has to fall about 10% below the previous low. The first wave's previous low was 2300, and the lowest point before the next rise was 2100. The second wave's previous low was 3500, and the lowest point before the next rise was 3300. This wave's previous low is 4000, with a drop of about 10%, which means 3600-3800. If this is a wash, the bottom is likely in this range. Of course, we cannot rule out the possibility of a direct bear market. Personally, I believe the possibility of wash trading is 60%, and the possibility of a bear market is 40%.
In summary, I will gradually buy in the range of 3800-3600. If it continues to drop below 3500 and maintains for more than a week, it can be understood as entering a bear market. At that time, I will clear all spot positions. Currently, due to the uncertainty of bulls and bears, I have closed all leveraged products and only have spot positions left.
以八千
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Bullish
This is what it means. Let's take a look at the first chart of this round of Ethereum's rising market. Every time there is a short-term explosive rise followed by a sideways trend, then after a wave of decline, the next round of rising begins. The methods are basically consistent. Now, looking at the second chart, the previous period of Ethereum's decline is essentially the reverse of the rising market. Each time there is a sharp drop followed by a sideways trend, then a wave of rising starts the next round of sharp decline. The similarity between the completed downward trend and the trading methods can also indirectly predict the subsequent trends and trading methods of this rising market (because the traders remain the same, it is still the same people who dominated this wave of decline.) $ETH {spot}(ETHUSDT)
So touched, my friend. I started posting on Binance Square in March, sharing all my buy and sell operations on options. If you had followed me all the way, the final return should be around 550%, similar to yours. I don't know how many people made money with me, but I only know that there are very few who even said thank you to me. There are even some who complained about my closing price being too low and making less profit, turning their backs on me... I'm really heartbroken. My original intention for posting on Binance Square was to feel that the content in the square was too poor, filled with deception, and I wanted to share some useful content. As a result, over these months, the most I received was doubt and abuse. It also made me understand why only scammers can survive in the square, because those who truly want to share good content are shouted away. I'm really moved. I wish you a happy life and success in your studies.
喵喵有能力后要报恩
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Half a Year of Virtual Currency Investment Notes: Thanks to the Good Teacher's Guidance, I Came to Understand the Way of Investment
At the end of last year, I was enlightened by Teacher Da Lan and first came into contact with the virtual currency field. By the beginning of this year, I stepped into the market with the mindset of using 'tutoring income as a small trial fund.' Looking back over the past six months, the ups and downs of the market and my own growth have all become profound marks. At first, due to my limited understanding of the market, I fell into the trap of blindly following others, and my initial capital of 2000 yuan quickly shrank to less than 600 yuan. The turning point came from a chance encounter — I saw teachers mention pepe in a group chat, so I decided to give it a try, and unexpectedly, I recovered all my losses in a single day and even made a small profit. During that time, I had only a vague understanding of trading logic, yet I still checked the market fluctuations every early morning. The slight ups and downs of the numbers stirred my emotions; the anxiety and confusion I felt back then are still vividly remembered. Fortunately, when my account balance reached 3500 yuan, I promptly stopped following others and, after sharing the profits, it finally settled at 2863 yuan. At that time, I didn’t even know where to find the interface to independently open contracts.
My average selling price for the 4000 options is around five hundred, the average for 4200 is three hundred, and now the 4200 options are only worth 50, the 4000 is 187, if I sell two days later I will lose 70 to 80%, fortunately, fortunately I got out early 🫠🫠🫠
以八千
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After careful consideration, I closed all my options positions for the following reasons: 1. I've already made enough profit and don't want to take on more risk. If it drops below 4000 next week, wouldn't all the hard work be in vain? It's better to take the profit while it lasts. 2. Each wave of Ethereum's rise is usually preceded by a significant drop, as can be seen from previous trends. 3. We are currently in a phase of sideways oscillation after breaking new highs. It's uncertain whether this will stop next week, but if it continues to oscillate, it's better to exit sooner. 4. If it really surges next week, there's nothing I can do; I'll just rely on spot trading and the remaining half of my contracts. Currently, options sold at 100%, contracts sold at 55%, and spot sold at 0%.
Since I officially started buying options on 5.22, over a period of four months, the final return rate is 564%. All operations were posted on the plaza. If you followed my trades, your return rate should be similar; it's just a pity that I didn't sell some when it peaked at 1200%. 🥲🥲🥲
After careful consideration, I closed all my options positions for the following reasons: 1. I've already made enough profit and don't want to take on more risk. If it drops below 4000 next week, wouldn't all the hard work be in vain? It's better to take the profit while it lasts. 2. Each wave of Ethereum's rise is usually preceded by a significant drop, as can be seen from previous trends. 3. We are currently in a phase of sideways oscillation after breaking new highs. It's uncertain whether this will stop next week, but if it continues to oscillate, it's better to exit sooner. 4. If it really surges next week, there's nothing I can do; I'll just rely on spot trading and the remaining half of my contracts. Currently, options sold at 100%, contracts sold at 55%, and spot sold at 0%.
Since I officially started buying options on 5.22, over a period of four months, the final return rate is 564%. All operations were posted on the plaza. If you followed my trades, your return rate should be similar; it's just a pity that I didn't sell some when it peaked at 1200%. 🥲🥲🥲
Interest rate cuts have ended, a 25 basis point cut is in line with expectations, and again sold 10% Ethereum options➕contracts, plus a fixed sell-off of 5% every three days Currently, a total of 55% Ethereum options sold, 55% contracts, 0% spot
Current Operation Suggestions: Gradually start liquidating high-leverage products (contracts and options), aiming to clear out by the end of September. Currently, I still hold 60% of contracts and options, and every 3 days I will sell 5%. By the end of September, I will sell an additional 25%. If there is a significant price increase during this period, consider increasing the sell-off; if not, proceed as planned, leaving 35% for exercise. For spot trading, watch the interest rate cut situation. If there is a significant price increase before the cut, begin setting sell orders. The spot trading will be completed in October based on specific circumstances. After fully liquidating, I will allocate 40% of the total funds to purchase Bitcoin spot (the 40% from previously sold options and contracts has already been converted to Bitcoin). This portion of Bitcoin will not be touched and will be held indefinitely. The remaining 60% will wait for a potential bear market in 2026 (if it occurs) to gradually bottom-fish Bitcoin spot and make some investments in U.S. stocks and A-shares.
On April 23rd, Ether was 1800. I said Ether was about to rise, and a lot of people scolded me. Today, on September 13th, Ether is 4700. I said the bull market would end within a month, and still, a lot of people scolded me. It seems that if I speak the truth, I will just get scolded. So how did my account multiply several times? 🤣🤣🤣🤣 But being scolded is fine; being scolded means you stand on the opposite side of most people, and most people can't make money in the crypto world. 😄😄
Currently, we are at the end of the official second phase, altcoins are stirring, the altcoin season is about to begin, and the bull market is nearing its end, expected to finish within half a month to a month. Please clear out all coins except Bitcoin in a timely manner, or you might be stuck for another four years. 😆 Currently, Ethereum options have sold 40% in total, contracts have sold 40% in total, and spot sales are at 0%.
以八千
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Bullish
Bull Market Phase One Retail investors do not believe in a bull market; when prices rise, they short the market. During this phase, the main driving force for the rally comes from institutional funds, supplemented by the liquidation of retail short positions as fuel for the rise. Bull Market Phase Two Retail investors are finally convinced by the rising prices and start tentatively entering the market. At this point, the market continues to rise, and retail investors begin to increase their investments. The main driving force for the rally during this phase comes from institutional funds, supplemented by retail long positions for the rise. Bull Market Phase Three Retail investors have all made money and start to FOMO, believing that even greater gains are ahead. They begin to invite friends and go all-in. This is the perfect time for institutions to take profits, as the massive selling volume requires a large amount of capital to absorb. Thus, the bull market comes to an end. Pay close attention to the reactions in the comments and among friends in the group; today can be said to mark the official entry into Phase Two of the bull market.