Leverage, Wisdom, Momentum -------- 3 Hardcore Logics for Ordinary People to Make Money
Ordinary people want to break through the bottleneck of making money; relying on hard work is not as effective as using cleverness —— leveraging, wisdom, and momentum are the three underlying logics that are key to widening the wealth gap.
Leverage: Use resource exchange formulas to break the "no money, no connections" predicament Core Formula: Your idle resources × Other's needs = Win-Win Opportunity
Wisdom: Quickly replicate others' successful experiences Pitfall Guide: Don't waste time on "trial and error"; directly buy the "攻略秘籍"
Momentum: Seize opportunities in favorable trends; ordinary people can also get a share of the pie. Trends are not waited for; they are judged by dimensions.
Stop worrying about "What if I have no background?" The breakthrough point for ordinary people has never been about how many resources they have, but how well they can use those resources.
Leverage activates existing resources, wisdom shortens the path, and momentum hits the accelerator — these three actions cycle together, and you'll find that the gears of making money will start to turn on their own.
Ethereum's price failed to maintain the upward range, starting a new round of decline from $3480.
Ethereum is currently trading below $3350. If another wave of rebound occurs, the price may encounter resistance around $3350. The next key resistance level is around $3380, close to the trend line.
If it rises, the next main resistance level is around $3480. If the price can effectively break through the resistance level of $3480, it may rise further to the resistance level of $3580.
If Ethereum's price breaks through the $3580 area, more upward movement may occur in the coming days. In this case, Ethereum's price may rise to the resistance level of $3650 in the short term, or even $3675.
If Ethereum fails to break through the resistance level of $3380, it may initiate a new round of decline. The initial support level on the downside is around $3250. The first major support level is around $3220.
If the price clearly falls below the support level of $3220, it may drop to the support level of $3150. If the price continues to decline, it may fall to the $3050 area in the short term. The next key support levels are at $3020 and $3000.
The U.S. government shutdown causes non-farm data to be absent again
Due to the ongoing U.S. government shutdown, the October non-farm employment data, originally scheduled for release at 21:30 Beijing time on November 7, will not be published as planned.
This is the second consecutive time that non-farm data has failed to be released normally; the September non-farm report was also absent due to the shutdown. The U.S. Secretary of Labor stated that the non-farm data will be released after the government resumes operations.
During this period, other economic data will also be suspended. On Friday, the U.S. Senate plans to vote on a new temporary funding bill to end the government shutdown, but it has previously failed to pass in 14 consecutive votes, making this shutdown the longest in history.
The outflow of funds in Bitcoin is intensifying the downside risk. Has the bull market ended?
Recently, Bitcoin briefly fell below the key threshold of 100,000 USD, hitting a nearly five-month low, with the market facing multiple pressures and structural adjustments.
Significant outflow of funds: Long-term holders have sold over 320,000 Bitcoins in the past 30 days, ETF funds have shifted from net inflow to significant outflow, institutional buying has slowed down, and the market supply and demand has shown a temporary imbalance.
Mining companies and institutions are under obvious pressure: The price of Bitcoin has dropped below the average mining cost of about 114,000 USD, and many listed companies have seen their holdings drop below the cost line, with some mining companies seeking diversification to cope with the pressure.
There is a downside risk in the technical aspect: Bitcoin may further decline in the short term, but some indicators show that the market has entered a consolidation phase.
Analysts have differing views on the future market: Some believe that the market bottom is approaching, providing an opportunity for patient investors to build positions, while others predict that if ETF fund inflows recover or macro liquidity improves, Bitcoin is still expected to reach new highs of 120,000 to 150,000 USD within the year.
Overall, the market is at a critical period of cost competition and liquidity testing, with long-term holders' profit margins narrowing, institutions becoming the main driving force, and the next phase of the trend will closely depend on signals from the funding side.
Some hard truths about the crypto world, do you know them?
Don't guess the tops and bottoms, that's all a guess; just follow the trend.
Markets often start when everyone is in despair, rise during hesitation, and end in madness.
The market's popular coins, chosen from the leading coins in the sector, are not what you come up with on your own.
If you have a small amount of capital and want to grow it quickly, the only way is to closely follow the hottest mainstream in the market.
Buy when no one cares, sell when everyone is talking.
Either go for the highest popularity leader or do the lowest catch-up; the middle is the easiest to lose.
In a poor market, if you can't control yourself, the fundamental reason is that your method does not provide you with certainty.
Control your stop loss to protect your capital. This is the first rule for surviving in this market.
You must learn to wait with no position; that is the highest realm of trading cryptocurrencies. If you can’t wait with no position, you will never grow.
Your position determines your mindset; once your mindset collapses, your operations will definitely be distorted.
Decisively cut off losses, let the profitable coins soar; this is the correct view of profit and loss.
The key support zone for Ethereum is between $3600 and $3650. It has now broken below this support, and it may further slide towards $3300.
On the upside, ETH faces strong resistance around $3800 to $3900, which was previously a key support zone before the sell-off in October, now turned into a resistance area.
There is a clear division in the market regarding the future trend of Ethereum. If Bitcoin cannot hold the support level of $100,000, it is expected to bearish towards around $72,000, and Ethereum is likely to continue to test lows.
However, there are also relatively optimistic views: although Bitcoin is technically on the brink of a bear market, seasoned cryptocurrency investors have experienced much larger pullbacks in the past. For those familiar with this asset class, this is nothing. It's just a 'washout'.
Some savvy market participants have already begun to position themselves for the future. Gradual buying continues to be a huge opportunity before the U.S. government reopens; there is no need to worry about ETH spot, as the fundamentals of Ethereum have not changed. The scale of stablecoins continues to grow, and the risk in U.S. stocks in the short term is not significant, with a positive outlook for the market after late November.
Don't panic when the main force digs a pit; remember these points to eat meat together with the main force.
The main force digging a pit and washing the盘 is a typical baiting method, aimed at making retail investors hand over their chips.
This washing method is quite ruthless, intentionally destroying technical patterns and creating a terrifying atmosphere.
Digging a pit is often accompanied by large orders smashing the盘, but the overall volume does not significantly increase, indicating a high degree of control by the main force.
The key is to look at the turnover rate; if it does not exceed 15%, it is highly likely to be a washing盘 rather than a selling action.
There are mainly two reasons for the main force to dig a pit: not having enough chips or having high expectations for future coin prices.
Pit digging and washing盘 often take advantage of market adjustments, using a small amount of chips to create a deep pit.
In terms of operations, attention should be paid to trading volume; during extreme shrinkage, it is often the main force secretly accumulating chips.
Stay calm in the face of bad news; much of it is deliberately created by the main force to induce panic for washing盘.
When the coin price fluctuates chaotically, maintain patience and do not easily sell due to short-term fluctuations.
Digging a pit and washing盘 is actually an opportunity that arises from a decline. Once it is confirmed to be a washing pit, it is often a very good buying point.
Bitcoin has experienced a "Red October," and there are various possibilities for the subsequent price trends.
Short-term trend: At the beginning of November, the price of Bitcoin may consolidate sideways. The market needs time to digest the Federal Reserve's statements, and the uncertainty of macroeconomic policies continues to put pressure on risk assets.
For example, on November 3, Bitcoin experienced a sell-off, triggering over $1.16 billion in long liquidations, leading to a 1.4% drop in Bitcoin's price within 24 hours, trading at approximately $107,000. However, if the Federal Reserve's tone takes a decisive turn, it could trigger a price rebound.
Medium-term trend: If Bitcoin continues to follow its typical pattern post-halving, achieving a price target of $120,000 to $150,000 by the end of 2025 remains possible. The adjustments during "Red October" are often a turning point in a larger cycle rather than an endpoint, and strong fundamentals such as ETF inflows and institutional custody solutions support this goal.
Long-term trend: In the long run, some institutions are optimistic about Bitcoin's price. Driven mainly by institutional demand and Bitcoin's limited supply, the annual compound growth rate of Bitcoin is expected to be 28.3% over the next decade.
It is important to note that Bitcoin's price fluctuations are influenced by various factors, including the macroeconomic environment, regulatory policies, and market sentiment, so the above predictions are for reference only.
The cryptocurrency market experienced a significant setback in early November, with Bitcoin falling below a key support level to around $105,000, a single-day drop of over 4%, leading to over 300,000 liquidations across the network, totaling $1.164 billion. Market pessimism has intensified, primarily influenced by the following factors:
Whale Movements: Notable short-seller whale "1011short" and early investors have continued to transfer large amounts of Bitcoin to exchanges, potentially to establish short positions.
Institutional Fund Weakness: There has been a net outflow from spot Bitcoin ETFs, with inflows into products like BlackRock significantly slowing down, reflecting weakened institutional demand.
Macroeconomic Pressures: The Federal Reserve's tightening policies have raised economic concerns, and a decline in risk appetite has indirectly suppressed Bitcoin demand.
Security Incidents: The DeFi protocol Balancer was attacked by hackers, resulting in a loss of $128 million, exacerbating market anxiety.
Although analysts point out that historical data shows November is usually a strong period for Bitcoin, and breaking through key resistance could trigger a new rally, the current interplay of multiple factors renders the market outlook highly uncertain. Investors should closely monitor policy dynamics and technical signals.
In the cryptocurrency world, there are some calculations you need to be able to do.
1. Return on Investment If you have a principal of 100,000 and lose 50%, it becomes 50,000. How much do you need to earn to break even? Answer: 100%, losing half requires doubling your money.
2. Earning 1% daily With a principal of 1,000,000, if you earn only 1% daily, do you know how much your assets will be after a year? And after two years? Answer: After one year, it will be 12,032,000; after two years, it will be 145,000,000.
3. Volatility With a principal of 1,000,000, if you earn 40% in the first year, lose 20% in the second year, earn 40% in the third year, lose 20% in the fourth year, earn 40% in the fifth year, and lose 20% in the sixth year, what is your current asset? Answer: 1,405,000.
4. Take Profit and Stop Loss Assuming each take profit is 10% and stop loss is 5%, after continuously investing 100 times with a win-loss probability of 50%, what is your final return on investment? Answer: 803.26%.
Macro Outlook for Next Week: Non-Farm 'Invisible', Tariff Case Under Review, Gold Enters Seasonally Strong Period
This week the market started with a series of potential risks, but through various efforts, these risks were gradually resolved, and market sentiment temporarily turned positive.
Here are the key points the market will focus on in the upcoming week:
Monday 22:45, U.S. October S&P Global Manufacturing PMI Final
Tuesday 01:00, 2027 FOMC voting member, San Francisco Fed President Daly speaks
Tuesday 23:00, U.S. September JOLTs Job Openings
Wednesday 21:15, U.S. October ADP Employment Change
Thursday 21:30, U.S. Initial Jobless Claims for the week ending November 1
Friday 00:00, FOMC permanent voting member, New York Fed President Williams speaks
Friday 01:00, 2026 FOMC voting member, Cleveland Fed President Mester speaks at the New York Economic Club
Friday 05:30, 2026 FOMC voting member, Philadelphia Fed President Harker speaks
Friday 06:30, 2025 FOMC voting member, St. Louis Fed President Bullard discusses monetary policy at a fireside chat
Friday 16:00, FOMC permanent voting member, New York Fed President Williams speaks at the ECB Monetary Market Meeting.
A series of weak data to be released next week will reignite market expectations for a rate cut in December.
November marks a new round of structural activity in the crypto market:
The Hong Kong FinTech Week begins on November 3
Ethereum Fusaka mainnet launch
The U.S. SEC is expected to make progress on XRP ETF approvals this month, as the crypto ETF sector continues to heat up
The U.S. non-farm payroll, unemployment rate data, and CPI for October will be released one after another, with the macro environment continuously signaling key information
Projects like MYX, JTO, and 0G continue to unlock, and with market sentiment combined, attention should be paid to the amplified risk of volatility
Binance Alpha welcomes multiple airdrops
Global focus events converge, locking in the core context of Web3 in November, just look at this!
The cryptocurrency market is caught in internal and external dilemmas, and patience is required to wait for innovation and funding.
In addition to the siphoning effect of the stock market and gold, which takes away a large amount of investor and retail funds, marginalizing cryptocurrency assets in capital allocation, the internal and external dilemmas of the cryptocurrency market also stem from multiple factors.
1. Funds are siphoned away by the stock market and gold, marginalizing cryptocurrency assets.
2. Lack of explosive innovation, repetitive narratives, and low retail participation.
3. Most altcoins have no practical applications, and MEME projects have devolved into capital games.
4. The lag in the transmission of liquidity from interest rate cuts makes it difficult for the cryptocurrency market to obtain incremental funds.
5. Lack of regulation and risk control, with risk events impacting market confidence.
Seven pitfalls that retail investors must avoid in cryptocurrency trading, see how many you've fallen into.
Buying and selling rely entirely on feelings and news, with no personal plan at all; this is the beginning of losing money.
Only willing to buy when prices are rising, wanting to sell when prices drop, resulting in buying at the top and selling at the bottom.
Either going all-in on one cryptocurrency and betting on luck, or buying a mix of coins and earning nothing.
Feeling proud of profits as if it's a skill, blaming bad luck for losses, never reviewing trades, and always falling into the same pit.
Emotions controlled by the numbers in your account, greedy when making money, fearful when losing money, perfectly set up to be harvested by the market.
Always eager to inquire about insider information; often, when you know, it’s already time to exit.
Either going all-in, or only adding to a losing position bit by bit, without understanding position management.
To survive in the market, the key is not to guess price movements but to establish your own trading system, which must be strictly executed, regularly reviewed, and continuously optimized.
Remember, losses are lessons from impulsive trading, while profits are the result of maintaining discipline.
What has led to this round of the bull market where Bitcoin keeps setting new highs, while altcoins repeatedly hit new lows?
Although this round of the crypto market is defined as a bull market, the actual experience is difficult, with Bitcoin repeatedly setting new highs while altcoins generally plummet over 90%, leaving the market's soul hollow.
Institutions reshaping the market landscape: Wall Street giants like BlackRock and Fidelity control infrastructure and compliance channels, siphoning off market vitality and conflicting with retail speculation culture.
MEME narratives lead to the collapse of industry significance: community coins and animal coins repeatedly pump and crash through viral spread, turning the market into a no-exit casino, with retail investors and Web3 culture mutually damaging each other.
Macroeconomic environment suppresses risk appetite: Trump's tariff policies trigger stock market corrections, high interest rates lead to capital exhaustion, risk assets stagnate, and retail investors revert to a test of patience.
Bitcoin becomes the only survivor, maintaining stability through institutional funds and regulatory recognition, confirming the survivability of cryptocurrencies, but the bull market is less about euphoria and more about composure, leaving profit seekers exhausted.
This hollow bull market sacrifices creativity, retail vitality, and optimism; it is the industry's self-punishment for pursuing hype rather than practicality, reminding people to remember their original intentions for entering the market.
The core logic of making money in the trading market.
To make money in the market, it is essential to grasp three key points, none of which can be omitted.
First is mindset, overcoming one's greed and fear, while maintaining respect for the market; this is fundamental.
Second is the trading system, which needs to be developed over a long period of time, forming a stable profit-generating system that is continuously refined and optimized.
Third is execution capability, where one must formulate a trading strategy and strictly ensure alignment between knowledge and action, not merely thinking one way and acting another.
The trading market is not just a place to earn price differences; it is also a realm for honing human nature, ultimately relying on time and patience to convert understanding into tangible profits.
How to interpret KDJ to identify buy and sell points
The KDJ indicator consists of the K line (fast line), D line (slow line), and J line (auxiliary line), with the J line being the most sensitive.
The indicator values have 20 and 80 as key boundaries: below 20 is the oversold zone, above 80 is the overbought zone, and between 20-80 is the hovering zone.
When the K line crosses above the D line to form a golden cross while in the oversold zone, it is a relatively reliable buy signal.
When the K line crosses below the D line to form a death cross while in the overbought zone, it is a relatively reliable sell signal.
A top divergence occurs when the price reaches a new high but the KDJ indicator does not, indicating weakening upward momentum. A bottom divergence occurs when the price reaches a new low but the KDJ does not, indicating weakening downward momentum.
In a one-sided market with sharp rises and falls, KDJ may exhibit a phenomenon of dullness, leading to a temporary failure of the indicator; at this time, other indicators should be referenced.
The most effective strategy is to use MACD in conjunction with KDJ; when both generate a golden cross simultaneously, the reliability of the buy signal greatly increases.
In a bullish market where MACD is above the zero axis, the accuracy of the KDJ golden cross will be higher, making it suitable as a reference signal for increasing positions.
When using KDJ, avoid chasing highs and cutting losses; if combined with multiple indicators like Bollinger Bands and RSI for comprehensive judgment, the effect will be even better.
Remember the mantra of observing the position of golden crosses and death crosses, identifying trends through divergence and dullness, strictly setting profit-taking and stop-loss levels, using light positions to test errors, and relying on the resonance of multiple indicators as the best trading opportunity.