Good evening everyone, this is Hai Ge's Bitcoin Wealth Channel. After the monthly line closed strongly, Bitcoin once again reached a new high. This is the same as the market when the epidemic just ended. Since June 2020, the price has been sideways at the 8,000 line for a long time. It was also around November of the same year that the price began to rise vigorously. After that, it was an unstoppable bull market. In about half a year, it reached above 60,000. Until now, Hai Ge is still savoring the hustle and bustle of the bull market, unlike today at the beginning of the year.
I have said so much just to emphasize one point. At present, it is like the start of a bull market. Don't question too much whether the price can rise or not, and don't guess whether the current price is the top. There is no top in a bull market. This sentence is not just talk. It is the experience gained by many predecessors with funds. After going through the bull and bear markets, I feel more that we can look further ahead and don't lower the leverage. When the trend is correct, time can be exchanged for profits higher than leverage. This is Hai Ge's advice to you!
In terms of market analysis, Hai Ge can give you the results of more than a dozen technical indicators in a day, but I always feel that trading is not based on these. Trading is a battle between people and a breakthrough of self. It is a bit mysterious. I think friends who can understand it should have the same idea as me! As for the current price of 38,000 yuan for the big cake, the price is not high for the bull market, it may be said to be at a normal level. For the bear market, it may be a high short position at present, and this price is very high. Shakespeare said that there are a thousand Hamlets in the eyes of a thousand people, so everyone has different views on bulls and bears, and there will be different views. As for what you want to earn, it is the chips in the hands of people who have different views from you. So this is a consensus market. Only if there is unlimited hype, the bull market will appear. Just like ETFs know that there will be no results in the short term, but I think most people will agree that this thing will come back, it is just a matter of time. So every time there is a little movement in the market, regardless of whether the news is true or false, the price will fluctuate to a certain extent. This is the power of consensus.
So at the moment, Hai Ge thinks it is very worthwhile to start ambush the entire bull market. Don’t always stare at the 125 leverage contract in your hand. It is like a casino. If you have some scattered U and plenty of time, you can do 125 leverage contracts. Remember not to put all your bullets into the contract. It is very irrational at that time, because the harvest in this Shura field is very fierce!
Okay, I will stop here for today. I wish you all good luck in December. I am going to bed now. Winter is a good time to go to bed early. I will leave the market to you guys to watch!
