🔥Three types of people in the cryptocurrency circle summarized by 8-year quantitative traders, which one are you? 👌
Must-read notes for making money in the cryptocurrency circle🔥 When you clicked into this post, congratulations, you have already won half of the battle. You must have taken a lot of detours to come to this circle, right? The scams of leading orders, pig-killing schemes, exchanges running away, and debt-ridden online loan contracts. The driving force of all this comes from your desire to make money. Don't forget this original intention. All actions must serve to make money. If you don't make money, please give it up immediately. Therefore, you must have your own trading strategy that suits you, and leave the rest to time and emotions, and do things with long-term positive feedback. The so-called making money is not about the rise and fall. The rise and fall of the currency circle happens every day and is severely controlled by Bitcoin, so it is easy to grasp. Mastering the rise and fall and combining it with good position management can achieve stable profits.
Friends, those who are still waiting for the election and dreaming of getting rich are absolutely fools. These factors are just triggers. Without these news, the market will still operate normally. The news will only affect the market temporarily and will not change the trend. #美国大选后涨或跌? #美联储利率决议来袭 #BTC☀
In the early morning hours, the currency price rebounded again, trying to test the upper pressure level. Due to insufficient momentum, a sustained breakthrough could not be achieved. The 64800 horizontal line still shows strong resistance. Although the currency price has tried to climb upward many times, after several consecutive days of trading, the overall situation has not changed significantly, and the currency price still maintains a high consolidation state. From a macro trend perspective, the market still maintains bullish expectations, but in the short term, price fluctuations show obvious shock characteristics. The current bulls have repeatedly encountered strong resistance when they hit the 65,000 integer mark, which shows that the selling pressure from above is still heavy and there is the possibility of a market correction in the short term.
Analyzing from the technical structure level, in the four-hour price chart, the price failed to reach the bottom during the downward exploration process, and then began a restorative upward movement. After the roundabout arrangement of the moving average system, it showed signs of upward hook. The repair actions within the small cycle have achieved substantial changes, and the operating channel has initially shown an upward trend. The currency price gradually repaired and moved higher along the lower track. It has now stabilized above the middle track, showing an upward trend. The bearish power quickly shrunk after the release and turned into bullish dominance. Although the market may still fluctuate and consolidate in the short term, the space in the upward channel needs to be further released. Judging from the weekly K-line chart, bulls have shown signs of stabilizing this week after hitting the mid-track. Based on the current market momentum, the market outlook is expected to impact the 68,000-70,000 mark, and the trend has become increasingly clear. Therefore, our strategy is to focus on trend tracking, comply with market operations, and mainly go long on callbacks. $BTC
After a slight pullback on September 23, BTC is expected to see a strong upward momentum next week, reaching 68,000
Weekly: After stopping the decline last week, the market situation last week was in line with the expected trend, gradually approaching the upper line of the parallel channel. Last week's closing line was a positive line with shrinking volume. There is no signal of stagflation at present, and we can observe at a smaller level to judge the subsequent upward momentum. Daily Line: After the adjustment of the pregnancy line on September 14, a signal of stopping the decline appeared with large volume, which appeared near the important support level of 58,000. It gradually broke through the recent downward trend line and broke through the pressure range near 62,700 (observe whether this 62,700 support range stops falling). In the past few days, the daily closing bullish volume has weakened significantly, and there is a need for shock adjustment. As long as it stands firmly above 60,000 and the closing line does not fall below this range, the upward trend will continue in the future. At present, it is suppressed in the pressure range near 65,000. There is a high probability that the upper chips will be consumed through shock consolidation.
A comprehensive analysis of BTC over the weekend, pay attention to the risk of callback
Based on the past two days' trend forecast for the next 24 hours: BTC 1. Technical analysis: Support level: The current support level of Bitcoin is around $62,500. If it falls below this support level in the short term, it may further pull back to the $61,000 area. Resistance level: The upper resistance level is $64,000. If this resistance level can be broken, the market may push the Bitcoin price up to $65,000. RSI: Bitcoin’s RSI indicator may be approaching the overbought region (around 70), indicating that there may be a risk of a pullback in the short term, but the momentum remains strong. 2. Market sentiment:
Detailed analysis of the market trend on September 18, BTC is expected to break through $61,500 in the early morning
Based on the current price trends of BTC and ETH, as well as the U.S. interest rate cut data to be released at 2 a.m. on the 19th, we can predict the market trends of these two cryptocurrencies in the next 24 hours from the following perspectives: 1. Technical analysis: BTC: The current price of Bitcoin is around $60,528, and has fluctuated in the $59,500 - $61,500 range in the past few days. Technical indicators such as RSI show that Bitcoin is slightly overbought, which means that it may face some pullback pressure in the short term. However, MACD remains in the bullish zone, suggesting that the price may maintain the current level or rebound in the short term.
🔥In-depth analysis of the market on August 26 and some after-dinner chats
📛Looking at the cryptocurrency market from the impact of Powell’s speech Powell's speech has a direct and far-reaching impact on the financial market, especially on the volatility of the cryptocurrency market. Powell's recent statements are mostly related to interest rate policy and inflation. Especially in the context of high inflation in the US economy, the market expects that the Federal Reserve may continue to adopt a more cautious monetary policy. If Powell's tone is hawkish (e.g., he is not in a hurry to cut interest rates), this could lead to a stronger dollar, which would weigh on dollar-denominated assets such as Bitcoin as investors seek more stable investment options such as Treasury bonds. However, if Powell hints at an early rate cut, it could lead to higher market expectations for liquidity, driving up the prices of Bitcoin and Ethereum.
😎Bitcoin and Ethereum trend prediction in the next 5 hours🔥
Bitcoin (BTC): Last night, Bitcoin showed a certain upward trend, and the price stabilized above the key support level. In terms of technical indicators, MACD showed a bullish signal, and RSI was close to the neutral area, but slightly biased towards the overbought state. If market sentiment remains optimistic and there is no major negative news, Bitcoin may continue to rise in the next 5 hours, and the target price area may be between $100 and $200 above the current price. However, be wary of the risk of a pullback when approaching the pressure level. Ethereum (ETH): Ethereum's performance last night was similar to Bitcoin's, maintaining relatively strong upward momentum. The current price is close to the key resistance level. If it can break through this resistance level, it will likely rise further. MACD and RSI also show upward momentum, but there is also a certain risk of a pullback. Overall, Ethereum may continue to rise in the next 5 hours, but the amplitude may be small, and attention should be paid to its performance near the key resistance level.
🔥I made 70 million in trading and I am sharing my experience with you. For those who don’t believe me, I advise you to quit the circle as soon as possible.
I wrote an article to share my experience of making 70 million from scratch, aiming to share my experience with those who have just entered the market and help them avoid detours. However, after publishing it, it was questioned. Some people thought it was a fictitious story and even asked me to upload proof of my account balance. You are ridiculous. I wrote about my experience to inspire you, give you hope, and help you avoid detours, but those with bad intentions only saw jealousy. First of all, I want to reiterate that my five years in the cryptocurrency industry have not been smooth sailing, but have experienced countless setbacks and challenges. During this period, I went from initial losses to gradual profits. This process was full of psychological pressure, technical learning, and continuous optimization of fund management.
I have designed a grid strategy with 50x leverage for you:
Direction: Multi
Grid range: Narrow the range to reduce the potential loss caused by each fluctuation. For example, set the grid range between $63,800 and $64,800, so that trading can be controlled within a smaller price fluctuation range.
Number of grids: Increase the number of grids, for example, set 20 grids, and reduce the interval of each grid to $50, so that the buying and selling operations triggered by each fluctuation are more frequent, but the profit and loss of each operation are relatively small.
Position control: It is recommended to keep the initial position as small as possible, for example, each grid order does not exceed 1% of the total funds. In this way, even if the market fluctuates violently, the loss caused by the small position is relatively controllable.
Stop profit point: Considering the high leverage, it is recommended to set the stop profit point at around $65,000 to lock in profits in advance and prevent market mutations.
Stop loss point: The stop loss point is set below $63,500. Once the market breaks through this point, it may trigger a larger decline. In this case, 50x leverage may lead to a liquidation, so stop loss must be strictly enforced.
Real-time monitoring: Due to the great risk of high leverage, it is recommended to monitor market dynamics in real time. If abnormal fluctuations occur, manual intervention can be made in time to adjust strategies or close positions.
Although 50x leverage can magnify returns, it also greatly magnifies risks. If you are not careful, slight fluctuations in the market may lead to significant losses or even liquidation. Therefore, it is important to operate with caution, strictly control risks, and take into account the importance of fund management. #BTC☀
1. Market trend: The market is weak and volatile, and BTC's market share begins to decline. Binance frequently lists small and old coin contracts. US stocks fell, and the rebound came to an end. Economic data in August was significantly lower than expected.
2. Market hot spots: 1. TRON's SUN rose sharply, and Binance opened a new contract. SUN is the largest DEX on the TRX chain, and all the income of SUN Pump is used to repurchase SUN. DWF cooperates with SUM Pump. 2. Alpaca, an old DeFi, rose sharply, and Binance opened a new contract. 3. Floki and Popcat of meme rose. Floki airdropped meme coins CAT to token holders. Binance opened a new contract for Popcat, but did not list it on the spot. 4. BTC ecosystem Babylon started mainnet staking, and BTC's gas rose sharply. Binance has invested in Babylon. #BTC☀ #ETH🔥🔥🔥🔥
Bitcoin has been fluctuating slightly over the past five hours, with a relatively small overall volatility, which usually indicates that the market is waiting for new direction signals. The trading volume has increased slightly in certain periods, indicating that there is a certain degree of trading activity in the market. Ethereum's price trend is similar to that of Bitcoin, and it is also in a range of fluctuations, but the fluctuation range is slightly larger, which may indicate that the market's short-term expectations for Ethereum are slightly higher. MACD: The MACD of Bitcoin and Ethereum is in a stalemate in the shorter term, with no clear directional breakthrough. This means that the market is currently in a wait-and-see mode and there may not be major price fluctuations in the short term.
8 years in the cryptocurrency world is like a lifetime in the stock market. Once time passes, it will never come back again. Here are the lessons learned by veteran investors.
After five years of working in the cryptocurrency circle, he eventually earned 70 million with his own skills, fund management and emotional regulation. All these experiences can be written into a thrilling and humorous adventure novel. My story begins on a sunny afternoon in the United States. I was sitting in a cafe in San Francisco, holding a cup of fragrant Americano, browsing social media, and accidentally saw a post about Bitcoin. At that time, the price of Bitcoin was less than a few hundred dollars per coin, and I thought to myself: "What on earth is this thing? But I am born to like trying new things, so why not buy some to try it out." So I spent a month's salary to buy some Bitcoin. This decision later proved to be the starting point of my road to wealth.
Tonight's volatile market is also very suitable for trading. The current profit is 88%. If you are still awake at this time, come and chat 😂#BTC☀ #ETH🔥🔥🔥🔥
Technical thinking sharing: Trading time: 8pm -4am Beijing time every day. This period is the fastest market fluctuation. The four hours in the early morning have completed about a day's rise and fall. So don't make unnecessary moves early, otherwise you will make mistakes.
Hot money: Find the leading coins in each sector, such as meme's pepe. L1:inj jup are all strong dealers. The money comes in first and then flows into other coins. The hot money market starts the fastest and the rise and fall is high.
Stop loss mentality: After doing contracts, there is no such thing as short-term profit and long-term profit. So if you open a position and lose 5-8 points (copycat) 1-2btceth, you must stop loss because you have chosen the wrong direction. This thing is like a gold digger. If he doesn't like you, he will just keep hanging on to you and spend your money. If you meet someone who likes you, you can get it with a little money. #BTC☀ #ETH🔥🔥🔥🔥
Perpetual contracts are actually very simple. They are derivatives without expiration dates. Unlike traditional futures, their prices closely track the spot market, and the spot and contract prices are kept close through the funding rate mechanism. A successful perpetual contract trading strategy must be based on market analysis, risk management, and a deep understanding of the principles of financial markets.
First, technical analysis is the core of developing a trading strategy. Use key technical indicators such as moving averages (MA), relative strength indexes (RSI), and Bollinger Bands to identify market trends and potential reversal signals. For example, when the price approaches the upper track of the Bollinger Band, it may indicate overbought, suitable for considering selling or shorting, while approaching the lower track may be a buy signal.
Secondly, the identification of support and resistance points is crucial. Use historical price data to determine key support and resistance levels, and combine them with market sentiment indicators to make judgments. When the price approaches the support level, you can consider going long, and when it approaches the resistance level, consider going short. At the same time, combined with the dynamic adjustment of the funding rate, you can hold positions at low funding rates to reduce the cost of holding positions.
Finally, risk management strategies such as stop loss setting and position control are the key to ensure long-term success. Set reasonable stop loss points according to market volatility and personal risk tolerance to avoid huge losses caused by sudden market fluctuations. Through reasonable position allocation, ensure that funds can be kept safe under different market conditions, and ultimately achieve long-term and stable profits. #永续合约 #BTC☀ #ETH🔥🔥🔥🔥