I remember it like it was yesterday: in March 2024, I lived through a transformative episode that changed my relationship with the market. At that time, I lost 79k in capital (I was liquidated), an amount that shook my convictions and forced me to rethink my methods. I entered the market with optimism, believing that Bitcoin, which was hovering around 73k, would rise towards 100k. However, in a slow process over five months, the value of Bitcoin plummeted to 48k, leaving me disoriented and highlighting how volatile this universe is.
During this turbulent period, I heard a flood of conflicting opinions. Some proclaimed the unwavering “IT WILL RISE,” while others, with cautious voices, warned “IT WILL FALL.” This mix of discourses taught me the immeasurable value of strategy and patience. I learned the importance of taking partial profits and maintaining safety margins, avoiding the destructive impulse of FOMO.
Today, I look back and recognize each loss as a stepping stone towards wisdom. In the unpredictable dance of the market, each fall is a chance to start over with more resilience and intelligence, shaping our journey towards a more balanced financial future.
Each line of this story echoes a vital lesson, reminding us that losses do not define our path. The market is a harsh teacher, revealing secrets to those who persist. Adversity, after all, lights the way to true evolution. Always remember: learning is born from the greatest falls.
Today the daily chart shows buying strength, with RSI(6) on the upward trend of 54 and a well-defined support. Have you already entered the trade or are you waiting for a pullback?
Remember that your most valuable token should be your capital, so protect it.
In the last 24 hours, the crypto market had a very dramatic record of liquidations of approximately $1.14B.
At this moment, the data presented in the daily chart indicates a drop in the price of BTC/USDT, evidenced by the negative variation of -2.74% in the last 24 hours.
This pullback is reinforced by the fact that the current price $104,748.42 is below the short-term moving averages EMA 7 and EMA 25, suggesting a downward trend.
Meanwhile, the 50-period EMA is still below the current price, which may indicate a possible support zone.
On the other hand, the EMA 99 and EMA 200 show lower values, pointing to a long-term upward trend.
Points to consider:
If the price finds support near the EMA 50, there may be a recovery, but falling below this level could accelerate the depreciation.
The Relative Strength Index (RSI), which measures the strength of market momentum, reveals that in the short term (RSI 6 = 39.46), the asset is close to the oversold zone, suggesting a possible bounce back. Longer periods (RSI 12 = 46.93 and RSI 24 = 52.75) indicate a more balanced condition.
The traded volume in the last 24 hours (27,583 BTC) shows significant activity, potentially indicating selling pressure. If the volume increases without a price recovery, the downward trend may strengthen.
The data suggest a possible continuation of the downward trend in the short term, with support points that may influence a potential reversal. The analysis of volume and RSI will be crucial to understand the next market movements.
Suggestions: - Wait for confirmation of support at EMA50 - If you decide to enter now, it is advisable to set a StopLoss below the EMA50 or have a good strategy (such as staggered entries). - Monitor if the price action corresponds to the volume. - Stay alert for news.
As I always say, your most valuable token is your capital. Protect it.
In the crypto market, where prices can fluctuate rapidly, mastering Order Types is crucial for trading with more security and efficiency.
The pair $ANIME experienced a drop of approximately 30.80%.
The asset exhibits high volatility, making order management essential.
The highlighted order types, such as TP/SL (Take Profit/Stop Loss) and Market Stop (in the image below), are fundamental for traders looking to minimize risks and secure profits.
Take-Profit ensures that the trader exits the trade with a profit when a pre-established target is reached.
The use of limit orders and market orders can also optimize entries and exits.
In the chart, indicators like EMA (Exponential Moving Average) assist in technical analysis, improving strategic decisions.
As I always say, your most valuable token is your capital, so protect it.
There were no adults to supervise, only children exploring freely, exchanging toys, and deciding together how everything would work.
It was the dream: a place where no one was in charge and everyone played without restrictions.
At first, everything was perfect! The children laughed, shared their toys, and followed the magical rules, written in a book that no one could change alone.
Each exchange was fair, and the park never closed. Even the shyest found space to play.
But gradually, the balance began to crumble.
Some children realized that if they were quick and clever, they could hoard the best toys without giving anything in return, while others broke the magical toys, making them disappear forever.
Without a guardian, the park became a chaos of disputes and inequality.
Who should fix the problems?
The rules were still there, unchangeable, but some children began to lose trust in them.
The stronger ones dominated the most interesting toys, while others ended up with nothing.
So, how to resolve this dilemma?
Some children decided to create small watch groups, where everyone helped to keep the park fair.
Others proposed new rules, voted on by all, to ensure that no one took more than they should. And some began to teach others how to maintain balance. 🌍⚖️
Only then could the park become magical again, but only if everyone collaborated and took responsibility.
And this is not even about parks or toys.
Your most valuable toy is your capital, so protect it.
Slippage occurs when someone wants to buy or sell something in the market, but the price changes at the last second.
Imagine entering an ice cream shop and the price of the ice cream at the register is higher or lower than the price displayed in the window when you entered. Strange, right?
This can happen because many people are buying and selling at the same time, so prices fluctuate very quickly.
Sometimes, you end up paying more than you wanted, and other times you might even pay less than you expected!
To avoid this problem, traders do a few things: they carefully choose the moments to buy and sell, use special tools that help ensure the right price, and choose markets where there are many people trading so that prices don't change so quickly.
Looking at the monthly chart of Bitcoin ($BTC ), which is trading around 104,945.38 USDT, the asset reached a high of 105,299.21 USDT and a low of 103,752.49 USDT in the last 24 hours.
The highest price of the candlestick chart last month was 111,980.00 USDT (new #ATH at #Binance ), serving as an important resistance.
The Moving Averages (EMA) indicate an upward trend, with EMA(7) at 94,218.30 USDT and EMA(25) at 70,804.86 USDT.
The RSI(6) is at 71.88, close to the overbought zone, suggesting a possible correction. 🚨‼️
The trading volume is high, with 8640.77 BTC traded and 902.98M USDT moved in the last 24 hours.
The bearish divergence in the RSI suggests a possible weakening of the upward trend, which may result in a price correction.
If a drop occurs, the primary support is 103,752.49 USDT. If the resistance of 111,980.00 USDT is broken, the asset may resume its upward trajectory.
Therefore, Bitcoin maintains an upward trend, but the bearish divergence and high RSI suggest a possible correction for the month of June, so it is advisable to watch the support/resistance levels and volume to define appropriate strategies.
Tips: - Make fractional purchases - Control the trading volume across various time frames - Monitor divergences - Wait for breakout confirmations - As a last resort, set a stop loss
Remember, your most valuable token is your capital, so protect it.
One thing I learned is that it is much better to learn to have my own opinion than to follow others.
And to believe in my own opinion, I must study and validate what I am learning.
Because others will only feel sorry for my fall after a wrong guess.
So: - Study every day. - Live one day at a time instead of trying to guess the future. - Be aware of short-term possibilities and position yourself. - Your only long-term goal should be to never become part of the liquidation statistics. - Do not have pet tokens, because I have never seen any token appreciate significantly without correcting, but I have seen many collapse and be removed from the exchanges.
And the most important thing of all is that your most valuable token is your capital, so protect it.
Bitcoin trades around 103,500 USDT after a decline of -1.94% in the last 24h, trapped between dense support ranges and weakened resistance.
The first defense lies at 103,000–103,100 USDT (24h low 103,068); if it gives way, the psychological level of 100,000 USDT coincides with the EMA-50 at 99,956, forming a crucial floor.
Deeper cushioning appears near 96,000, almost aligned with the EMA-99 at 95,830, while long-term bulls monitor 90,600, where the EMA-200 is still rising.
On the upper side, buyers need to reclaim 104,250 USDT (EMA-25) to relieve the short-term pressure.
The immediate ceiling is at 105,800–106,000 (EMA-7 and daily high), a range that has repeatedly contained bounces. Breaking this opens the way to 108,000 and then to the recent peak at 111,980 USDT.
Mixed indicators: RSI-6 below 30 signals a likely mean reversal, but decreasing volume warns that rallies lack new news catalysts.
Keeping tight stops protects against failures in light of the current volatility of the pair.
It was May 2010. Laszlo Hanyecz, a programmer and pizza lover, had an ambitious dream: he wanted to buy two pizzas for #Bitcoin . After all, who needs conventional money when you have a cryptocurrency that no one knows?
He posted a request on the forum: 10,000 bitcoins for two pizzas. Today, that would buy a fleet of yachts and a private island, but at the time, it was worth a modest US$ 40. For a while, no one responded—until Jeremy Sturdivant, a 19-year-old, decided he wanted to go down in history (or at least secure lunch for Laszlo).
Jeremy bought the pizzas, sent them to Laszlo, and received the bitcoins. All good!
The problem?
He didn't keep the coins. He spent everything quickly, not realizing that, years later, each slice of that pizza would be worth a luxury apartment. 🏠💰
When the story became legend, Jeremy revealed that he had no regrets. After all, if you have 10,000 bitcoins but no pizza, who is the real loser? 😅
May 22 became known as the #BitcoinPizzaDay , the day we learned that pizza is delicious, Bitcoin is volatile, and that saving some digital coins might be the best decision of your life. 🍕😆
And from May 15 to 28, the #Binance will be celebrating the #BinancePizza , promoting special events and distributing prizes up to US$ 5M.
The $BTC can consolidate a recovery if it maintains support above 107,316 USD, but it is more likely that selling pressure will continue pushing the price down, especially due to around 156M to be liquidated around 105,600 USD.
The scenario requires caution, as there is still no clear direction for the asset.
As I always say, your most valuable token is your capital, protect it.
The BTC/USDT pair reveals a robust and optimistic scenario for investors.
The 24h volume shows intense activity in the BTC/USDT pair, with about 52,575.33 BTC and approximately 5.71 billion USDT traded, which demonstrates high liquidity and strong engagement from investors at #Binance .
The current price of 111,449.10 USDT, with an increase of 3.73% in a short period, demonstrates strong momentum.
The movement of highs and lows in 24 hours, with highs at 111,880.00 USDT and lows at 106,100.01 USDT, confirms the presence of significant resistance and support levels.
The exponential moving averages, ranging from the 7-period EMA at 107,459.14 USDT to the 200-period EMA at 89,113.44 USDT, indicate a clear upward trend and help to outline the price dynamics.
The RSI indices, with readings of 85.53, 79.40, and 71.04 for 6, 12, and 24 periods respectively, demonstrate overbought conditions that require caution.
Additionally, the fear and greed index at 73/100 shows a favorable sentiment, suggesting a continuation of the bullish movement and possible adjustments in volatility.
For #altcoins , I suggest a lot of caution combined with good strategies.
As I always say, your most valuable token is your #capital , protect it.