Writing a bit about next year's outlook, not just in the cryptocurrency circle.
First of all, no matter who you are or how you entered this circle, I believe everyone knows the passion and terror of this circle—one thought leads to heaven, another leads to hell. The domestic economy is declining, or to put it nicely (the economic growth rate is slowing down), which is an undeniable fact. The most important and difficult issue the country faces is capital outflow. Honestly, the most difficult situation for the entire middle class in the country is that they cannot see upward, but they feel they are okay when looking downward. Currently, the domestic economic environment makes it hard for you to have opportunities to break out of your class. Looking downward, you must constantly maintain your current level, otherwise, it is easy to go bankrupt, or with a slight mistake, you may not be able to maintain it.
What should new players and experienced players do if they always lose money in the cryptocurrency circle?
Actually, I didn't want to write this article. If my analysis is wrong, I will admit it. If it's not wrong, I don't understand why you are scolding me. Are you trying to make yourself known or are you deliberately attracting negative comments? If you can't accept my way of doing things, just ignore me and block me. After that, I will admit it. If you come here to attract negative comments for no reason, I will ignore you. Just block you. When placing an order or waiting for the right side pattern to do it, it must be the most stable operation method, combining the left and right sides, but some brothers or some old leeks brothers who have been in the circle for a long time have been losing money, or have been operating randomly and can't understand the market trend. I thought about it for a long time and taught you some practical things that can really make money. It is better to teach a man to fish than to give him a fish!
$BTC The large pancake was held for a week, opening at 108000 and dropping to 105000. In fact, as long as it can drop below 105000, the large pancake will definitely reach 100000. However, the market behaves this way, introducing unexpected changes in the preset trend, testing your mindset, wasting your time, and even leading to reversals.
The long position in ETH from last night has already reached 2600, so today let's take a look and make another trade in Ethereum based on the news.
$BTC The big pie has dried to the cost price again, after touching 105000 today, it hasn't had a pullback or drop since.
Additionally, the small non-farm payrolls came out with a negative number exceeding expectations, and tomorrow's big non-farm payroll is also expected to exceed expectations, all of which are bullish. Coupled with bets on interest rate cuts, the technical chart information for the big pie will be overshadowed by bullish news.
The short position on the big pie can no longer be held.
$ETH The strongest resistance for ETH is around 2520, with strong support from the moving average below 2450. This means that if it breaks below 2450 on the four-hour chart, the bearish sentiment will be very strong.
The ETH four-hour candlestick has tested 2520 three times and hasn't broken through. If Ethereum cannot go up, it will have to move down.
$BTC Just keep taking the big pancake, why is Ethereum going up? Because there is an exchange rate gap to fill, yesterday's exchange rate of Ethereum to big pancake was too low, which is what you call a catch-up increase.