元行者
Open Trade
BNB Holder
Frequent Trader
9.2 Months
165 Following
155 Followers
130 Liked
3 Shared
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Discipline > Talent
Tomorrow is a holiday, so I want to wish all my friends a happy May Day!
I just suddenly remembered the turtle trading rule. Back then, Richard Dennis trained taxi drivers and piano teachers into machines that printed money with an annualized return of 80% using a mechanical trading system.
Turtle trader Curtis once lost 60% in a single day due to changing the rules without permission, but those who stuck to the system ultimately made 100 million dollars in five years.
The truth is that 80% of the profit comes from 20% of the correct trades, but you have to survive until that 20% comes.
In simple terms, the core idea is three words—be a machine!
Never learn from those who use 3x leverage and call themselves 'stable traders,' only to get buried by Luna after adding margin 18 times; they are just self-deceiving gamblers.
I just suddenly remembered the turtle trading rule. Back then, Richard Dennis trained taxi drivers and piano teachers into machines that printed money with an annualized return of 80% using a mechanical trading system.
Turtle trader Curtis once lost 60% in a single day due to changing the rules without permission, but those who stuck to the system ultimately made 100 million dollars in five years.
The truth is that 80% of the profit comes from 20% of the correct trades, but you have to survive until that 20% comes.
In simple terms, the core idea is three words—be a machine!
Never learn from those who use 3x leverage and call themselves 'stable traders,' only to get buried by Luna after adding margin 18 times; they are just self-deceiving gamblers.
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Trading Mindset Series -- Decentering
As we all know, decentralization is one of the core features of cryptocurrency. Interestingly, in psychology, there is also a concept of decentering, which refers to the process by which individuals gradually realize that they are not the center of the world, but rather one of many existences.
In this process, individuals begin to learn to view problems from others' perspectives, understand and respect others' viewpoints, feelings, and needs, thereby cultivating more mature, objective, and inclusive psychological traits. They learn to separate themselves from their emotions, thus reducing emotional interference in decision-making.
Many investors tend to label themselves, such as 'I am a successful investor' or 'I am a failed investor.' This labeling mindset can lead to excessive emotional reactions when facing market fluctuations.
In this process, individuals begin to learn to view problems from others' perspectives, understand and respect others' viewpoints, feelings, and needs, thereby cultivating more mature, objective, and inclusive psychological traits. They learn to separate themselves from their emotions, thus reducing emotional interference in decision-making.
Many investors tend to label themselves, such as 'I am a successful investor' or 'I am a failed investor.' This labeling mindset can lead to excessive emotional reactions when facing market fluctuations.
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Anti-Consensus System - Be a Retail Investor That Cannot Be Cut Down By Scissors
The cryptocurrency market can be tumultuous; to stand firm, establishing an independent anti-consensus system is crucial.
Generally speaking, our investment decisions depend on the various information we receive. If the information you receive is intentionally given to you by others, the result is predictable, which is the reason why the vast majority of retail investors are always losing money. Think about it; if all the information you received was correct, you would have achieved financial freedom long ago!
The cryptocurrency circle is complex and changeable, with information that is mixed and difficult to discern between true and false. Consensus is often easy to manipulate, becoming a trap set by smart people. The widely circulated saying that 90% of people lose money in the market is mostly due to the fact that they are always picking up the pieces during consensus frenzies.
Generally speaking, our investment decisions depend on the various information we receive. If the information you receive is intentionally given to you by others, the result is predictable, which is the reason why the vast majority of retail investors are always losing money. Think about it; if all the information you received was correct, you would have achieved financial freedom long ago!
The cryptocurrency circle is complex and changeable, with information that is mixed and difficult to discern between true and false. Consensus is often easy to manipulate, becoming a trap set by smart people. The widely circulated saying that 90% of people lose money in the market is mostly due to the fact that they are always picking up the pieces during consensus frenzies.
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The Opponent Mindset in Zero-Sum Games
Today let's talk about a trading strategy that is easily overlooked---the mindset of the opponent. Everyone knows that every penny earned in trading is the cost of the opponent's cognitive bias. The market itself is a zero-sum game arena; there is no gift without reason.
However, most people rarely consider why the opponent is selling before placing an order. Why, when I judge the price to be cheap and choose to buy, does the opponent think it's really expensive and quickly sell to me?
Of course, please believe that the opponent also has sufficient reasons to sell, just like you.
So, it is important to effectively utilize the mindset of the opponent. There is no absolutely correct trade, only unrecognized weaknesses of the opponent. When you place an order, first ask, who is on the other side? Why are they more foolish than me?
However, most people rarely consider why the opponent is selling before placing an order. Why, when I judge the price to be cheap and choose to buy, does the opponent think it's really expensive and quickly sell to me?
Of course, please believe that the opponent also has sufficient reasons to sell, just like you.
So, it is important to effectively utilize the mindset of the opponent. There is no absolutely correct trade, only unrecognized weaknesses of the opponent. When you place an order, first ask, who is on the other side? Why are they more foolish than me?
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Forget about win rate
In the trading market, many novice investors overly focus their energy on how to accurately predict market trends. Some people's predictions may seem very accurate, but their accounts may not necessarily yield substantial profits.
It is generally believed that a win rate greater than 50% guarantees a win, but in reality, it is very difficult for ordinary people to achieve a win rate greater than 50%. Often, a win rate of 30%-40% can basically be considered as a skilled trader. The question arises, how can one profit with such a win rate?
This involves a concept called ---- profit-loss ratio.
For example:
Assume making 7 wrong trades, losing 3% each time, and making 3 correct trades, gaining 9% each time.
It is generally believed that a win rate greater than 50% guarantees a win, but in reality, it is very difficult for ordinary people to achieve a win rate greater than 50%. Often, a win rate of 30%-40% can basically be considered as a skilled trader. The question arises, how can one profit with such a win rate?
This involves a concept called ---- profit-loss ratio.
For example:
Assume making 7 wrong trades, losing 3% each time, and making 3 correct trades, gaining 9% each time.
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Trump changes his stance daily. The main purpose of launching a global tariff war this time is to implement a debt swap strategy, attempting to promote the issuance of interest-free century bonds, deferring short-term debt repayment pressure, while asking allies to increase their holdings of U.S. Treasury bonds under the guise of sharing NATO military expenses.
Secondly, he aims to lower Treasury yields, that is, by creating trade uncertainty, forcing capital to flow back into the U.S. Treasury market, thereby reducing U.S. Treasury yields and saving on interest payments.
Currently, the only certainty in the market is that in 2025, $9.2 trillion in U.S. Treasury bonds will mature and need to be redeemed, with $6.5 trillion maturing in June alone. Against the backdrop of the Federal Reserve maintaining high interest rates, the U.S. Treasury will need to pay more than $300 billion in interest, leading to unprecedented fiscal pressure.
Therefore, it can be expected that Trump's tariff war may gradually become clearer by the end of June.
#美债 #关税战 #特朗普
Secondly, he aims to lower Treasury yields, that is, by creating trade uncertainty, forcing capital to flow back into the U.S. Treasury market, thereby reducing U.S. Treasury yields and saving on interest payments.
Currently, the only certainty in the market is that in 2025, $9.2 trillion in U.S. Treasury bonds will mature and need to be redeemed, with $6.5 trillion maturing in June alone. Against the backdrop of the Federal Reserve maintaining high interest rates, the U.S. Treasury will need to pay more than $300 billion in interest, leading to unprecedented fiscal pressure.
Therefore, it can be expected that Trump's tariff war may gradually become clearer by the end of June.
#美债 #关税战 #特朗普
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How to Rationally Seek Value Anchors When the Myth of Instant Wealth Fades?
In the past year, I have invested a lot of energy into the colorful world of cryptocurrency and have achieved certain asset returns. However, deep down, I always have a question: what exactly supports the cryptocurrency industry to get to where it is now?
Today, Bitcoin is no longer the obscure niche investment it once was. Professor Lang Xianping's meme of 'I wouldn't want it even if you gave it to me' is widely circulated in various Web3 groups, and last year's news of Bitcoin breaking $100,000 exploded on social media. With Trump back in power, the cryptocurrency industry seems to be back in the spotlight, but behind this bustle, I am increasingly confused: where is its actual application?
Today, Bitcoin is no longer the obscure niche investment it once was. Professor Lang Xianping's meme of 'I wouldn't want it even if you gave it to me' is widely circulated in various Web3 groups, and last year's news of Bitcoin breaking $100,000 exploded on social media. With Trump back in power, the cryptocurrency industry seems to be back in the spotlight, but behind this bustle, I am increasingly confused: where is its actual application?
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With nothing to do on the weekend, I came across an article online titled "General Rules You Must Know About the Crypto World," and I found some of the points quite reasonable. I'm sharing it here for everyone; if you have different opinions or insights, feel free to leave comments.
1. When there is a significant drop during the day in China, you must buy the dip, as foreign traders will pump it at night.
2. If there is a significant rise during the day, do not chase the price, as it will likely drop back at night.
3. The key signal for buying and selling is the pin bar; the deeper the pin, the stronger the buy and sell signal.
4. Prices usually rise before major meetings or positive news, but will drop once the news is out.
5. In group discussions, if the community promotes a coin with hype, and you get excited, there’s a high chance you’ll get burned; consider doing the opposite. If a coin is very hot, you can short it immediately.
6. If a group friend recommends something and you’re not interested, there’s a high chance it will take off. When in doubt, it’s worth trying a little.
7. When you have a heavy position, you will definitely get liquidated; why? Because you’ll be on the exchange’s watchlist for liquidation.
8. After you set a stop loss on your short position, it will definitely drop; if it doesn't trick you out or get liquidated, how could it fall?
9. When you are about to break even and just need a bit more, if the rebound suddenly stops, how could it let you close your position and run away?
10. When you take profits, it will go up; if you don’t exit, how will it pump? The position is too heavy.
11. When you get excited, a crash will come as expected; your excitement is also a trap set by the manipulators.
12. When you are out of cash, every project seems to be rising, making you FOMO and rush to enter the market.
#心得交流 #交易策略 #币圈
1. When there is a significant drop during the day in China, you must buy the dip, as foreign traders will pump it at night.
2. If there is a significant rise during the day, do not chase the price, as it will likely drop back at night.
3. The key signal for buying and selling is the pin bar; the deeper the pin, the stronger the buy and sell signal.
4. Prices usually rise before major meetings or positive news, but will drop once the news is out.
5. In group discussions, if the community promotes a coin with hype, and you get excited, there’s a high chance you’ll get burned; consider doing the opposite. If a coin is very hot, you can short it immediately.
6. If a group friend recommends something and you’re not interested, there’s a high chance it will take off. When in doubt, it’s worth trying a little.
7. When you have a heavy position, you will definitely get liquidated; why? Because you’ll be on the exchange’s watchlist for liquidation.
8. After you set a stop loss on your short position, it will definitely drop; if it doesn't trick you out or get liquidated, how could it fall?
9. When you are about to break even and just need a bit more, if the rebound suddenly stops, how could it let you close your position and run away?
10. When you take profits, it will go up; if you don’t exit, how will it pump? The position is too heavy.
11. When you get excited, a crash will come as expected; your excitement is also a trap set by the manipulators.
12. When you are out of cash, every project seems to be rising, making you FOMO and rush to enter the market.
#心得交流 #交易策略 #币圈
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Countdown to TRUMP unlocking: $320 million selling pressure VS oversold rebound?
In recent days, the market focus has gradually shifted to the unlocking of 40 million TRUMP coins on April 18, accounting for 20% of the circulating supply, valued at approximately $320 million.
Generally speaking, unlocking events are usually seen as bearish, especially when the amount unlocked accounts for a high proportion of the circulating supply. The unlocking volume of TRUMP coins is as high as 20%. If the team chooses to sell off, market liquidity may struggle to absorb it, leading to further price pressure.
Since the launch of TRUMP coins on January 18, the price has shrunk by 90% from its peak, with the current trading price around $7.7. Market sentiment has reacted strongly to the unlocking of TRUMP coins, especially considering the gradual retreat of the meme coin craze, which has led to a cautious overall market sentiment.
Generally speaking, unlocking events are usually seen as bearish, especially when the amount unlocked accounts for a high proportion of the circulating supply. The unlocking volume of TRUMP coins is as high as 20%. If the team chooses to sell off, market liquidity may struggle to absorb it, leading to further price pressure.
Since the launch of TRUMP coins on January 18, the price has shrunk by 90% from its peak, with the current trading price around $7.7. Market sentiment has reacted strongly to the unlocking of TRUMP coins, especially considering the gradual retreat of the meme coin craze, which has led to a cautious overall market sentiment.
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El Salvador's Crypto Journey
In 2021, El Salvador became the first country in the world to adopt Bitcoin as legal tender, a bold experiment that was once seen as a milestone for cryptocurrency, but today still struggles to gain traction.
Since Nayib Bukele took office as president in 2019, El Salvador has hovered on the brink of debt default for much of the time, and Bitcoin has not truly resolved El Salvador's economic woes. Despite the government's launch of the Chivo wallet and aggressive promotion, the actual usage rate is extremely low, with only 11% of registered Bitcoin businesses still in operation.
During the process of reaching an agreement with the IMF, the Salvadoran government demonstrated remarkable determination in repaying its debts. The price of Salvadoran bonds soared to par, and the fiscal deficit was restored from 10% in 2020 to 2-3%. Although El Salvador has reduced its deficit, it may not be able to maintain this for much longer.
Since Nayib Bukele took office as president in 2019, El Salvador has hovered on the brink of debt default for much of the time, and Bitcoin has not truly resolved El Salvador's economic woes. Despite the government's launch of the Chivo wallet and aggressive promotion, the actual usage rate is extremely low, with only 11% of registered Bitcoin businesses still in operation.
During the process of reaching an agreement with the IMF, the Salvadoran government demonstrated remarkable determination in repaying its debts. The price of Salvadoran bonds soared to par, and the fiscal deficit was restored from 10% in 2020 to 2-3%. Although El Salvador has reduced its deficit, it may not be able to maintain this for much longer.
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Mastering One Skill Surpasses Knowing a Thousand Techniques
In market trading, various trading methods emerge endlessly, from simple technical analysis indicators to complex economic models and quantitative trading strategies. Each method seems to have its unique charm and applicable scenarios.
Many friends may have encountered the situation where the more techniques they learn, the less adept they become compared to when they first started. As the saying goes, too much chewing spoils the taste. Many investors attempt to master all trading methods, thinking that this will allow them to navigate the market with ease. Using one indicator today and another strategy tomorrow, they end up frequently switching between different methods, resulting in no stable profits and, instead, increased costs and risks due to frequent trading.
Many friends may have encountered the situation where the more techniques they learn, the less adept they become compared to when they first started. As the saying goes, too much chewing spoils the taste. Many investors attempt to master all trading methods, thinking that this will allow them to navigate the market with ease. Using one indicator today and another strategy tomorrow, they end up frequently switching between different methods, resulting in no stable profits and, instead, increased costs and risks due to frequent trading.
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Tariff War Special · Confusing Behavior Awards!
This weekend, I found several amusing incidents that have occurred since the tariff war began, just to lighten the mood.
First, U.S. Trade Representative Jamieson Greer was passionately testifying at a hearing about how Trump's tariffs are going:
Suddenly received a text: Hey, the tariffs have been postponed~
The lawmakers struggled to hold back laughter and asked: Did you just find out a few seconds ago?
Greer: Well… I just refreshed Twitter.
Democratic Congressman Horsford quipped: Aren't you in the White House VIP group?
The second incident was on April 7, when White House press secretary Caroline Levitt angrily denounced the tariff suspension as fake news:
On April 9, Trump announced: Hey everyone, the 90-day tax exemption vouchers have been issued!
Now the beautiful press secretary is too scared to go outside!
The White House refuted the rumor, and the president slapped back, sigh.
Third, Vietnam’s Deputy Minister of Industry and Trade, Chen Guoqing, rushed to the U.S. to negotiate overnight, with conditions so humble they were almost humiliating: Zero tariffs, buy $20 billion worth of U.S. goods, and strictly investigate Chinese transshipments!
Trump kindly nodded: Good boy, here’s a 90-day probation experience card~
As a result, when Minister Chen returned to his country, he found out—this card was actually valid for all servers!
Vietnamese netizens lamented: If I had known, I would have just laid flat and saved the $20 billion!
A lonely lottery win!
In Trump’s economic universe, all diplomatic strategies are like popcorn in a pot—you never know when the next kernel will pop, but you can be sure that someone will always be stuck to the bottom of the pot.
Looking forward to Comrade Jian Guo bringing us unexpected surprises again!
#白宫迷惑行为大赏 #现场翻车 #辟谣即官宣 #白跪行动
This weekend, I found several amusing incidents that have occurred since the tariff war began, just to lighten the mood.
First, U.S. Trade Representative Jamieson Greer was passionately testifying at a hearing about how Trump's tariffs are going:
Suddenly received a text: Hey, the tariffs have been postponed~
The lawmakers struggled to hold back laughter and asked: Did you just find out a few seconds ago?
Greer: Well… I just refreshed Twitter.
Democratic Congressman Horsford quipped: Aren't you in the White House VIP group?
The second incident was on April 7, when White House press secretary Caroline Levitt angrily denounced the tariff suspension as fake news:
On April 9, Trump announced: Hey everyone, the 90-day tax exemption vouchers have been issued!
Now the beautiful press secretary is too scared to go outside!
The White House refuted the rumor, and the president slapped back, sigh.
Third, Vietnam’s Deputy Minister of Industry and Trade, Chen Guoqing, rushed to the U.S. to negotiate overnight, with conditions so humble they were almost humiliating: Zero tariffs, buy $20 billion worth of U.S. goods, and strictly investigate Chinese transshipments!
Trump kindly nodded: Good boy, here’s a 90-day probation experience card~
As a result, when Minister Chen returned to his country, he found out—this card was actually valid for all servers!
Vietnamese netizens lamented: If I had known, I would have just laid flat and saved the $20 billion!
A lonely lottery win!
In Trump’s economic universe, all diplomatic strategies are like popcorn in a pot—you never know when the next kernel will pop, but you can be sure that someone will always be stuck to the bottom of the pot.
Looking forward to Comrade Jian Guo bringing us unexpected surprises again!
#白宫迷惑行为大赏 #现场翻车 #辟谣即官宣 #白跪行动
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#特朗普暂停新关税
The Federal Reserve is facing a dilemma: whether to cut interest rates to prevent an economic slowdown that may be triggered by Trump's potential imposition of tariffs on U.S. trade partners, or to raise interest rates to prevent inflation from rising.
The Federal Reserve is facing a dilemma: whether to cut interest rates to prevent an economic slowdown that may be triggered by Trump's potential imposition of tariffs on U.S. trade partners, or to raise interest rates to prevent inflation from rising.
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My main investments are in A-shares, and today marked the largest single-day drop in my investment history. Although my positions have suffered significant losses, I remain calm deep down, as I have made some prior expectations and kept enough cash on hand, waiting for the market to stabilize, hoping to create a golden buying opportunity.
#对等关税 #黄金坑 #A股
#对等关税 #黄金坑 #A股
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China's strong counterattack, the China-US tariff war!!!
China's strong counterattack, the China-US tariff war!!!
Yesterday it was said that Trump's purpose of reciprocal tariffs is to reduce debt, but if countries do not take old Trump’s hand, it will be awkward.
Sure enough, just a few hours later, China announced: starting from April 10, an additional 34% tariff will be imposed on all US imports, covering all fields such as agricultural products, energy, semiconductors, and automobiles. At the same time, a number of US companies were placed on the export control list, showing not only a very tough attitude but also a rapid response, indicating that China had already prepared relevant plans and was just waiting for the US to make a move to immediately counterattack.
Yesterday it was said that Trump's purpose of reciprocal tariffs is to reduce debt, but if countries do not take old Trump’s hand, it will be awkward.
Sure enough, just a few hours later, China announced: starting from April 10, an additional 34% tariff will be imposed on all US imports, covering all fields such as agricultural products, energy, semiconductors, and automobiles. At the same time, a number of US companies were placed on the export control list, showing not only a very tough attitude but also a rapid response, indicating that China had already prepared relevant plans and was just waiting for the US to make a move to immediately counterattack.
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The White House has launched a tariff war; what exactly does Trump want to achieve?
Regarding the implementation of this round of tariffs, the market has various interpretations. Personally, I believe the essence is still about how to achieve debt transfer. Other factors, including the return of manufacturing, cannot be realized in the short term, at least not during Trump's presidency.
Currently, the U.S. government dares not print more dollars and can only force countries to devalue their currencies in order to hedge against tariffs by raising tariffs. When all countries' currencies begin to devalue, it creates space for the dollar to depreciate. In the process of the dollar depreciating, it effectively achieves a debt reduction action. After resolving the debt crisis through a weaker dollar, a stronger dollar can be used to reap a new round of global assets.
However, if countries do not take Trump's bait, it will be awkward. The Trump administration cannot last long in that case. Will the future unfold according to Trump's script? We shall see.
#关税战争 #债务转移 #特朗普
Regarding the implementation of this round of tariffs, the market has various interpretations. Personally, I believe the essence is still about how to achieve debt transfer. Other factors, including the return of manufacturing, cannot be realized in the short term, at least not during Trump's presidency.
Currently, the U.S. government dares not print more dollars and can only force countries to devalue their currencies in order to hedge against tariffs by raising tariffs. When all countries' currencies begin to devalue, it creates space for the dollar to depreciate. In the process of the dollar depreciating, it effectively achieves a debt reduction action. After resolving the debt crisis through a weaker dollar, a stronger dollar can be used to reap a new round of global assets.
However, if countries do not take Trump's bait, it will be awkward. The Trump administration cannot last long in that case. Will the future unfold according to Trump's script? We shall see.
#关税战争 #债务转移 #特朗普
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Binance Launches Second Round of Voting for New Listings, A Game of Capital's Underbelly
Binance's first round of voting for new listings appears to be a democratic experiment in community governance, allowing users to no longer be bystanders. In reality, it is Binance's precise breakthrough under pressure from traffic anxiety and regulatory scrutiny. Through this method, Binance not only enhances user stickiness but also enriches and diversifies the platform's ecosystem.
By utilizing 0.01 BNB voting rights and targeted selection of BNB chain ecological projects, Binance activated over 100 million emerging users from communities like Pi Network at a very low cost, and reshaped its trading volume moat through the frenzy of Meme coins.
Data from the first round indicates a 35% surge in new registered users on Binance during the voting period, with users from Southeast Asia and Africa accounting for over 60%.
By utilizing 0.01 BNB voting rights and targeted selection of BNB chain ecological projects, Binance activated over 100 million emerging users from communities like Pi Network at a very low cost, and reshaped its trading volume moat through the frenzy of Meme coins.
Data from the first round indicates a 35% surge in new registered users on Binance during the voting period, with users from Southeast Asia and Africa accounting for over 60%.
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In-depth Analysis of the ACT Flash Crash Incident: Liquidity Crisis Triggered by Binance's Rule Adjustment
In-depth Analysis of the ACT Flash Crash Incident: Liquidity Crisis Triggered by Binance's Rule Adjustment
Binance announced an adjustment to the position limits for ACT on March 31, and on April 1 at 15:32, Binance issued another announcement, limiting the maximum position for 1x leverage to $4.5 million, with the adjustment taking effect at 18:30, giving users less than 3 hours to react.
Due to Binance's adjustment of the leverage position limit for ACT, some market makers' positions exceeded the new limit, and these excess positions were directly liquidated at market price. Market liquidation led to a surge of sell orders flooding the market, causing a sharp drop in prices.
Binance announced an adjustment to the position limits for ACT on March 31, and on April 1 at 15:32, Binance issued another announcement, limiting the maximum position for 1x leverage to $4.5 million, with the adjustment taking effect at 18:30, giving users less than 3 hours to react.
Due to Binance's adjustment of the leverage position limit for ACT, some market makers' positions exceeded the new limit, and these excess positions were directly liquidated at market price. Market liquidation led to a surge of sell orders flooding the market, causing a sharp drop in prices.
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State-Level Bitcoin Reserve Trend: A 'Digital Gold Rush' Quietly Reshaping Market Dynamics
Currently, 26 states in the U.S. have introduced Bitcoin reserve bills. Since Trump publicly announced the crypto strategic reserve, state-level bills have evolved from political slogans to institutional rights confirmation.
Utah's HB0230 bill proposing a 5% public fund allocation to BTC is about to pass the Senate, while Arizona is even more radical—allowing the state treasury to allocate 10% of funds to BTC and NFTs. Local governments' 'financial self-rescue' has shifted from gold to digital assets.
State-level reserves essentially represent sovereign-level lock-ups. According to VanEck's calculations, if 20 states pass the bills, 247,000 BTC (accounting for 1.18% of circulation) will be long-term frozen—equivalent to consuming two years of new supply post-halving, compounded by continuous ETF accumulation, making the supply-demand gap a foregone conclusion.
Utah's HB0230 bill proposing a 5% public fund allocation to BTC is about to pass the Senate, while Arizona is even more radical—allowing the state treasury to allocate 10% of funds to BTC and NFTs. Local governments' 'financial self-rescue' has shifted from gold to digital assets.
State-level reserves essentially represent sovereign-level lock-ups. According to VanEck's calculations, if 20 states pass the bills, 247,000 BTC (accounting for 1.18% of circulation) will be long-term frozen—equivalent to consuming two years of new supply post-halving, compounded by continuous ETF accumulation, making the supply-demand gap a foregone conclusion.
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The Power of Trends
In trading, a trend is the direction of market movement, and the formation of a trend is not coincidental but rather the result of various factors acting together.
Generally speaking, market expectations are the starting point for the formation of trends, while capital flow is another key factor in trend formation. Coupled with market structure, supply and demand relationships, the positioning of investors, as well as technical indicators and market sentiment, are also important factors in trend formation, which lead to the establishment of a trend or direction in the market.
The power of a trend lies in its self-reinforcing characteristics. When a trend forms, it attracts more capital and attention, further driving the development of the trend. This positive feedback mechanism gives the trend strong sustainability.
Firstly, trends have a strong capital attraction. When the market shows a clear upward trend, more investors are drawn in, further pushing up prices. This continuous influx of capital provides momentum for the continuation of the trend.
Secondly, trends have the power to influence market sentiment. When prices rise, market sentiment becomes more optimistic, and investors’ buying behavior further drives prices up. This positive feedback of market sentiment gives the trend a powerful self-reinforcing ability.
Finally, trends have the validation of technical indicators. When prices break through certain key technical levels, such as moving averages or trend lines, this is often seen as a signal for trend continuation. This technical validation enhances traders' confidence in the trend, further driving its development.
Trends are the direction of market movement and the result of various factors acting together. Understanding the formation and power of trends is key for traders to survive and profit in the market; respecting trends and following them, instead of attempting to predict or go against them. Only in this way can one find their place amidst market fluctuations and achieve steady profits.
In the ocean of cryptocurrency,
smart people study the laws of waves,
crazies try to create tsunamis,
and survivors always drift along the direction of the current.
#交易智慧 #加密货币 #趋势交易 #市场分析
In trading, a trend is the direction of market movement, and the formation of a trend is not coincidental but rather the result of various factors acting together.
Generally speaking, market expectations are the starting point for the formation of trends, while capital flow is another key factor in trend formation. Coupled with market structure, supply and demand relationships, the positioning of investors, as well as technical indicators and market sentiment, are also important factors in trend formation, which lead to the establishment of a trend or direction in the market.
The power of a trend lies in its self-reinforcing characteristics. When a trend forms, it attracts more capital and attention, further driving the development of the trend. This positive feedback mechanism gives the trend strong sustainability.
Firstly, trends have a strong capital attraction. When the market shows a clear upward trend, more investors are drawn in, further pushing up prices. This continuous influx of capital provides momentum for the continuation of the trend.
Secondly, trends have the power to influence market sentiment. When prices rise, market sentiment becomes more optimistic, and investors’ buying behavior further drives prices up. This positive feedback of market sentiment gives the trend a powerful self-reinforcing ability.
Finally, trends have the validation of technical indicators. When prices break through certain key technical levels, such as moving averages or trend lines, this is often seen as a signal for trend continuation. This technical validation enhances traders' confidence in the trend, further driving its development.
Trends are the direction of market movement and the result of various factors acting together. Understanding the formation and power of trends is key for traders to survive and profit in the market; respecting trends and following them, instead of attempting to predict or go against them. Only in this way can one find their place amidst market fluctuations and achieve steady profits.
In the ocean of cryptocurrency,
smart people study the laws of waves,
crazies try to create tsunamis,
and survivors always drift along the direction of the current.
#交易智慧 #加密货币 #趋势交易 #市场分析
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