Introduce yourself, Brother Da is a professional contract trader, mainly trading BTC and ETH. The main reason for trading these two coins is that at least they still follow trading rules. If there is a big player manipulating the market, at least Brother Da can find traces from the order patterns, and if lucky, he can ride along with the big player. Ultimately, it’s because the market cap of these two coins is large enough, and even big players need time to pump the price.
As for altcoins, Brother Da only trades the top 10 altcoins. For other altcoins, the same goes: as long as you have enough money, feel free to short. This year you might lose money, but next year you’ll make a fortune.
Brother Da mainly opens positions near the support and resistance levels of the coin price. Many friends have already felt the analysis of these support and resistance levels over the past month. Many times when Brother Da doesn’t post trades, it’s because he is already making money and is too lazy to bother with it. Many people say Brother Da is just bragging. Brother, I have hundreds of thousands of USDT in my position; there’s really no need to brag every day.
Brother Da is someone who has achieved results in the crypto space, and I am very willing to share some trading ideas with everyone. After all, teaching someone to fish is better than just giving them fish.
Follow Brother Da, I will continue to share hard-core insights so that everyone can make money.
$BTC $ETH Updating everyone on the current support and resistance levels for ETH and BTC during this period, the current positions are still valid.
However, one key point is that we are unsure about the situation regarding tonight's big non-farm payrolls. Da Ge suggests waiting for a signal to appear before considering opening a position.
Additionally, will Musk continue to go crazy with Trump today?
Brother Da increased his ETH position at 2430. If there is a pullback, he will increase his position again at 2400.
I'm really glad I took profit last time. If I hadn't taken profit before, this wave would have been really painful. At least now there is still hope to break even.
You may not know this company, but you only need to know USDC, which is the issuing company of USDC, a stablecoin issuance company. What does the listing of a stablecoin issuance company represent? It represents the United States recognizing the legal status of digital dollars. This is somewhat positive, but for us, it's a big negative.
Everyone should know that each person has a limit of 50,000 US dollars. Exceeding this limit means you have to pay and report it. Now that USDC is fully recognized, through C2C, it means you can exchange as much as you want. USDC is a product of CIRCLE. How do you tax the purchase of these products? Is it accounted for as digital dollars or as goods? Digital dollars are not allowed for personal purchase; how do you pay taxes on goods?
Assuming another regulatory policy is introduced domestically, then one can buy BTC at a 50% discount.
$BTC The trading signals for Bitcoin have touched 4 times in total. Overall, the price fluctuations of Bitcoin are smaller than those of ETH. Recently, retail trading funds have mainly concentrated on ETH.
Follow Da Ge, if you can't trade yourself, you can try to observe Da Ge's support and resistance levels, which will definitely bring you positive feedback.
$BTC $ETH The support and resistance levels for Big Pancake and Second Pancake are still effective. Those who opened positions following the levels given by Brother Da are probably winning big this time.
Still the same saying: long positions on dips and short positions on rallies; just open positions at the marked levels.
$ETH It is obvious that Ethereum has been relatively strong recently, there is definitely a conspiracy against ETH, traders should pay attention to their entry positions.
There should be a market movement soon, as this wave range has been consolidating for a long time.
Previously mentioned ETH resistance level 2663 with two possible directions:
1. A second drop and continued consolidation.
2. A direct breakout towards 2700.
The probability of the market consolidating around the 2663 position is low; if you're eager to short, then short at 2663. If the next consolidation position continues to rise, a major breakout might occur, as the market makers want to squeeze the shorts. We have also recently seen SOL consolidating; when multiple popular coins are in a consolidation phase simultaneously, it usually indicates a significant movement is about to happen.
A few days ago, Da Ge mentioned the need to pay attention to ETH accumulation. If you took Da Ge's advice, then your ETH entry position should be around 2500, making it easy to profit.
Many friends still do not understand Dage's trading logic, constantly asking if ETH can rise to 3000 or 4000.
Dage tells you, I don't know either.
Dage is a trend swing trader; the so-called swing means to trade back and forth within a price range. You let me take a look at the price movement of these few days, Dage can do that. You ask me to predict the market for the next month, how could I possibly do that? If Dage could really do it, do you think I would be typing here?
In the years that Dage has been trading, I can tell you clearly that even the best traders cannot predict the market a month ahead. Occasionally getting it right is purely a matter of luck or based on news; note that only news can help you determine a big market trend.
Some people just deceive novices into thinking they are impressive, but in reality, they are nothing.
Dage's win rate in trend trading is not high. How can one still profit with a low win rate? The answer is to capture the big moves in each wave. I have said many times that in contract trading, the probability of losing is always greater than the probability of winning due to the existence of transaction fees. With transaction fees, your probability of profit is actually 45-55. From a probability perspective, if your win-loss ratio is 1-1, once your number of trades reaches a certain volume, your outcome will be zero. We open positions near support and resistance levels, and the real purpose is to increase our trading win rate and then expand our profit margin; that is the significance of support and resistance levels.
All of Dage's trading judgments are validated. I won’t tell you what the market will be like in a few days; I can only discuss the market of these few days because if I could see the market a few days or even a month ahead, then speaking to you, I would expect you to pay thousands for my words. Dage knows many traders, some of whom have made over a hundred million in cryptocurrency trading and have successfully exited the market; those who are truly impressive mostly rely on information and their short-term market analysis.
Brothers, Dage is just an ordinary trader. All the judgments in swing trading come from Dage's market analysis and the content of the data. Trend trading primarily comes from major information and market trends.
Dage does not belong to the candlestick school; in fact, Dage is very opposed to the candlestick school. If candlesticks were really that powerful, stock traders would have already dominated the cryptocurrency market.
If you categorize Dage as belonging to the candlestick school, that would be quite insulting.
Da Ge showed everyone the BTC data, and it seems that BTC is still mainly fluctuating.
The upper pressure has been updated to 105820.
The lower support has been updated to 104177.
Currently, this is the fluctuation range of BTC, but Da Ge has a bullish outlook on the market, and the trading volume is also in a phase of increasing.
Still the same saying, short-term bearish and long-term bullish $BTC
Analysis of support and resistance levels is best done as early as possible, because the first moment when the lines are drawn is based on orders and data information, so theoretically, the first wave of updated support and resistance is the most reliable.
For example, the recently updated support and resistance clearly found support at the 2596 line, and there are many similar situations. Therefore, for those who want to enter trades based on the resistance and support levels shared by Da Ge, it's best to follow up immediately.
The support and resistance of some altcoins have no reference value. Here, the only references you can consider are BTC, SOL, ETH, and BNB. Additionally, it's worth mentioning that SUI and XRP are also good coins to go long on.
Many friends ask Da Ge, isn't SUI and XRP always controlled by the whales?
Da Ge has to tell everyone that in the cryptocurrency world, every coin has a whale controlling it, including your USDT, let alone BTC and others. It's just that BTC follows market rules and whales only intervene at critical moments. As for SUI and XRP, it's true they have whales controlling them, but these whales are looking to make moves; they are long-term players who won't recklessly cut losses. However, you might struggle to grasp the fluctuations; in Da Ge's eyes, such whales are those with vision, not just quick kills. Unfortunately, that's how the crypto world operates; if we want to play, we can only find the general among the short ones.
In the new member event shared by Da Ge last time, some friends have received the 20 NXPCs issued that time
Brothers, remember to participate in this new member event
Fill in Da Ge's invitation code DAGELUN for new accounts, deposit 100U through C2C, and then trade 1000U to get rewards
This time the rewards are more, and you can get a 20% transaction fee rebate by filling in Da Ge's invitation code. You can also join Da Ge's exclusive group later. If you have any questions, you can contact Da Ge directly
Today, Da Ge will update everyone on the latest support and resistance levels for ETH, with important analysis at the end.
In the previous post, Da Ge mentioned that he took profits on half of his position at 2663, along with some small profits from ENA, so Da Ge is currently in a profitable state.
Now, let's update the levels.
The upper resistance level of 2663 remains unchanged, while the new support-resistance level has moved down to around 2636.
The lower support level is at 2596.
Brothers can consider long and short positions at these levels. Da Ge still says the same thing: try to short less and go long more. Recently, ETH has performed better than BTC, and I believe everyone is clear about this. If ETH tests 2596 again, consider a long position, and for short positions, think about around 2663.
Now is a climbing phase. During the rising cycle, the market cannot be too heavy; there will definitely be a small number of people making large profits while the majority are losing. This aligns with the logic of the market makers: 10% of the time prices rise, 50% of the time they consolidate, and 40% of the time they fall.
Da Ge has also been bullish all the way. Now is a key moment. If ETH stands above the 2636 level, then 2700 is just around the corner, and even 2800 is possible.
Ethereum teased me at 2609, and now it's behaving badly around 2645. I'm really tired, but then again, it has indeed been a bullish market these days, and Ethereum has been quite strong lately, with quick pullback speeds.
Maybe it's because Dage is too fierce; the market makers saw my post and decided to cooperate with my resistance line.
Brothers, try to go long at support levels and open shorts at resistance levels. Don't hold short positions for the long term; making some short-term trades is also excellent.
Yesterday it was up in the morning and down in the afternoon again. This time Big Brother has already prepared for defense, reducing his position by 10 percent.
The reason is that ENA made Big Brother a little profit, recovering some of the ETH he had previously stopped out of. Now ETH is also in the red, and Big Brother is in a good mood. Finally, it’s not the brothers coming to Big Brother with good news; they are frantically using Big Brother's support and resistance chart to make short trades. Big Brother is a person with vision; if you’re going to trade, make it long-term, and if you’re going to earn, earn more.
When Ethereum reaches 2660, Big Brother will exit. This time, he won’t be greedy and will at least exit with 50 percent.
Someone asked Da Ge $SOL about the support and resistance levels. Da Ge hasn't opened a SOL position, so the attention isn't very high. I looked at the trend of SOL today and shared it for everyone's reference.
The support at 152 is very strong.
The resistance at 163 is significant.
For a bullish outlook on SOL, it needs to stabilize around the price of 158.5.
Long and short positions are up to you; I don't have any SOL positions, so I won't analyze it too much.