Sixth

In the trading market, why can some people become rich overnight, while others lose everything? The truth may lie in your understanding and grasp of market fluctuations.

The trading market is like the waves, and prices always move forward in fluctuations. Without fluctuations, there is no market. Fluctuations bring trends, and trends are our only chance to make profits. But trends do not appear frequently, so we must try and make mistakes efficiently. Small losses and small profits are the norm, but we must never stay away from the market because of this.

Remember, every trial and error may be a harbinger of a trend. No matter what your trading strategy is, the core is to grasp the trend. Trend tracking is the king of trading. People who have made long-term stable profits know how to cut losses and let profits run. Although market price movements are complex, the operating logic has never changed. Chasing small intraday fluctuations is like chasing mirages, fragile and full of uncertainty.

What we want is the big trend, wait patiently, reduce blind trading, and make every move accurate and powerful. Without the big trend, there will be no big profits.

The trading market is a contest of wisdom and patience. Only by knowing how to seize trends can you win the future.

The allocation of positions in "Three-Three System" is as follows:

1. Three layers of long positions: Long positions are the cornerstone of our overall positions. If the proportion is too small, it is meaningless; if it is too high, it will affect the overall strategic judgment. After all, one's position influences their mindset: those fully invested wish for daily increases, while those out of the market hope for a drop. Personally, I believe that three layers of long positions paired with three layers of short positions is just right. In specific operations, the long position is based on the weekly and daily candlestick charts, generally operated every few days or weeks, usually buying or selling after the daily chart shows a bottoming or topping structure.

2. Three layers of short positions: Short positions are usually focused on intraday operations, which can be mainstream or alternative, and are relatively flexible. This requires monitoring the market and predicting the highs and lows within a narrow range, thus having certain technical foundations. However, the advantages of short positions are also very obvious, as they allow traders to maintain sensitivity to market changes and can generate some income to reduce the holding costs of long positions.

3. Three layers of cash: As the name suggests, it means setting aside three layers of positions as reserve funds, like a spare tire in a car. It is usually not used, but can be very helpful in emergencies. It should not be used often, and once used, it should be returned to its original place, otherwise the significance of maintaining cash is lost.

4. One layer of contracts: Here, we talk about contracts, but I am not recommending everyone to trade contracts. Contracts are just a tool, and when used in the right place, they have their unique charm.

#币圈新机遇

2024/11/13 Cryptocurrency Popularity, welcome to contribute

1. BTC Bitcoin had its highest historical increase in a day, with a rise of over $9000 in one day;

In the past 24 hours, $222 million worth of Bitcoin shorts have been closed;

2. ETH is steadily progressing, the nighttime surge led to a market decline, but it's okay, at least there weren't major issues;

3. SOL is experiencing a pullback, but the on-chain activity remains prosperous;

4. Saylor's MicroStrategy stock MSTR hit a new high;

5. Italy has capped the cryptocurrency tax rate at 28%, lower than the initially proposed 42%;

6. Canary Funds applied for HBAR ETF, accelerating the Hedera ecosystem layout; various strange ETFs are rushing into the market;

7. Analysts at Copper.co estimate that Bitcoin could peak in 200 days, which aligns with predictions of a recession in the US economy;

8. Genius Group announced a Bitcoin-first strategy, massively increasing its Bitcoin holdings as reserve assets;

9. Sam Altman's world project launched a human verification program in Brazil;

10. Since Donald Trump won the election, Tesla TSLA has risen by 41%; Tesla's Bitcoin holdings are worth over $1 billion;

11. Delphi Digital released a report analyzing the development path of Elixir Network in the order book liquidity supply field;

12. Coinbase CEO: The cryptocurrency market is expected to become the "next stock market and internet";

13. Federal Reserve Governor Waller: Stablecoins must be regulated to address the risk of bank runs; Former Fed hawk: The number of rate cuts next year will decrease;

14. Solanamemecoin is gradually going crazy, after AIMeme launched on Binance, all major coins took off, including previously strong performers like MEMESAI, AI16Z, OMEGA, etc.;

15. Due to the launch of ACT and PNUT on Binance, major on-chain market caps LUCE and BAN are betting on the next listing opportunity, continuing the FOMO;

16. Old memecoins are collectively rejuvenating: BONK, FLOKI, PEPE, WIF, etc.

Altcoin Operations:

1、WLD: The daily channel has not been broken, can continue to hold.
2、CVC: Short-term focus on 0.16-0.17, not recommended for long-term holding.
3、WEN: Has stood above the daily Vegas channel, if not broken can continue to observe.
4、ACT: Market cap is not high, potential to reach 0.1, but timing is uncertain.
5、Core, NOT: Core trend is stable, hold along the Vegas channel; NOT waiting to start.
6、FIDA, RAY, W: FIDA must stabilize at 0.26 to rise;
7、RAY may pull back to the 3.7-4 range;
8、Daily range 0.35-0.18.

2024/11/9 Cryptocurrency Hotspots
1. BTC fluctuated upward, breaking 77,000, creating new history;
In today's daily report, the daily inflow of U.S. spot Bitcoin ETFs set a record of $1.4 billion;

BlackRock's IBIT had a pre-market trading volume of $102 million yesterday, with 36% being active buy orders;

BlackRock's Bitcoin ETF now has a larger scale than its gold ETF;

2. ETH has finally rebounded in exchange rates for a few days and is ready to break the 3000 barrier;

The SEC has once again postponed the decision on whether to approve the spot Ethereum ETF options;

3. SOL is the strongest presence, no wonder the on-chain activity is so vibrant;

4. BNB has performed poorly recently, but Binance has been doing well lately, and the contracts listed should soon surpass the spot market; for profit, it should far exceed the earnings from the spot market, as the fees are terrifyingly high. It’s uncertain when BNB holders will be able to share in the contract earnings, which should be quite impressive;

5. DRIFT completed the spot trading on Upbit Global in one day before moving to Binance's contracts;

6. German lawmakers: If the U.S. adopts BTC as a strategic reserve, European countries will all FOMO;

7. Tether Treasury minted an additional 1 billion USDT on Ethereum;

8. Trump is considering Wall Street lawyer Richard Falis to replace SEC Chair Gary Gensler;

9. Musk's net worth has increased to $300 billion;

10. Synthetix has undergone a major governance proposal to restructure SNX token economics and repurchase the Kwenta frontend;

11. Unisat Wallet plans to buy back 200,000 FB to fund rewards for Epoch's PizzaSwap LP;

12. VanEck research director: Scott Bessent could become the first pro-crypto U.S. Treasury Secretary;

13. Data analysis platform ScopeProtocol released an analysis report on the performance of mainstream centralized exchanges (CEX) in 2024;

14. Fed spokesperson: It is expected that the Fed will maintain interest rates slightly above neutral levels in the future;

Many people think that investing in the crypto world is simple:

You invest ten thousand, don't pay attention, and finally sell for a million after ten years.

However, the reality of the crypto world is this— you enter with ten thousand, and by the next day, it's down to five thousand. That night, you toss and turn, unable to sleep. Every subsequent late night, when you wake up to use the bathroom, you check the app to see the market.

After a grueling year, the price fluctuates between 1000 and 6000, leaving you exhausted. You are determined: if it reaches 9000, you'll cut your losses and exit. However, when the bull market arrives, your coins rise to 8500. You recall previous ups and downs, convinced that it must pull back to 6000, so you sell at 8500, planning to buy back when it dips.

You definitely made a profit, but this time, the market never returns to 6000. Instead, you hesitate and think that if you don't jump back in, you might miss the opportunity, so you chase it up to 9000, bringing your position back, but with fewer coins. Then, it pulls back from 9000 to 7000, and you waver again. Watching it rise all the way to 12000, you finally make a profit, calculating an annualized return of 20%, and console yourself: this is also a good investment!

This is the true portrayal of a beginner: going all in, full position, cutting losses, chasing gains and selling on dips, repeatedly struggling.

Crypto Circle Super Topic: The Ten Realms of Trading Coins, Which Level Are You In?

Level 1: Just entering the crypto market, ambitious and full of passion! Dreaming of a big breakthrough with 1000U.

Level 2: Obsessed with buying and selling every day.

Level 3: Slowly realizing that making money is not that easy, losing more than earning, and the advice from big influencers isn't as effective. Thus, I start to learn to analyze news, but later find out it's all traps, beginning to doubt value investing.

Level 4: Evolving from a novice to a victim, starting to analyze cryptocurrencies and study technical indicators. Slowly able to make small profits, but most of the time losing, with mixed short and long positions, operations become chaotic. Learning more and more, but money is getting less, starting to doubt myself.

Level 5: New victims becoming old victims, starting to have my own understanding of the market, but at the same time falling into new confusion, easily self-diagnosing what to do and what is wrong, mentality gradually collapsing.

Level 6: Through continuous practical experience, I have explored my own trading model, now able to earn more and lose less, slowly controlling my mindset.

Level 7: No longer looking at any technical indicators, starting to observe 'momentum', rhythm, and emotions, slowly exploring my own 'way'.

Level 8: Having my own unique trading model, strict discipline, holding coins but feeling no attachment, with no major fluctuations in my heart, moving in and out at ease.

Level 9: No longer obsessed with the crypto market, treating the crypto circle as a fixed profit investment space, most fond of discussing narratives and philosophy. At this point, I understand that investing is the principle of life!

Level 10: None, that's everything.

Donald Trump's 2024 Bitcoin Conference Speech Review:

On the first day, I will fire Gary Gensler and appoint a new SEC chairman.

If elected, establish a strategic national Bitcoin reserve for the U.S. government.

The U.S. government will retain its 100% ownership of Bitcoin.

Bitcoin will soar to the moon.

Never sell your Bitcoin.

One day, Bitcoin may surpass the market value of gold.

I reiterate my commitment to easing Ross Ulbricht's sentence.

During my presidency, there will never be a CBDC.

If elected president, Bitcoin and cryptocurrencies will soar in ways never seen before.

Bitcoin does not threaten the dollar; the current U.S. government threatens the dollar.

The U.S. will become the global capital of cryptocurrency and the world's Bitcoin superpower. Bitcoin represents freedom, sovereignty, and independence from government coercion and control.

I assure the Bitcoin community that on the day I am sworn in, Joe Biden and Kamala Harris's anti-cryptocurrency campaign will end.

Will there be hundredfold or thousandfold coins in 2024?

In 20 years, DOGE increased by 194000%, 1940 times
In 21 years, SHIBA increased by 700000%, 7000 times
In 22 years, PEPE increased by 6000%, 60 times
In 23 years, BONK increased by 25000%, 250 times
In 2024, who will it be?

【267:216，特朗普赢下宾夕法尼亚州，基本锁定第47任美国总统】 美媒预测特朗普拿下最关键一战——七大摇摆州之首的宾夕法尼亚州，赢得19张选举人票，将总票数提升到了267，距离白宫仅一步之遥。由于刚刚结束投票的阿拉斯加历史上长期为共和党票仓，该州选举人票为3张，因此，不出意外的话，特朗普已锁定新一任美国总统。
#美国大选

【248:216, Trump regains Georgia, wins his second swing state】US media predicts that following North Carolina, Trump has won his second swing state—Georgia, securing 16 electoral votes. In 2020, Biden won this state, but Trump has reclaimed it this time.
#美国大选

【6个计票的摇摆州，特朗普目前全部领先】除了刚刚宣布的北卡，特朗普在宾州等另外五个摇摆州暂时领先（内华达尚未开始计票），其中宾州和佐治亚的计票接近尾声，英媒评价称，如果按照目前走势，特朗普距离再次入主白宫，似乎已越拉越近。
#美国大选

【216:193, Harris wins three states】 US media predicts that Trump will win Idaho.

Meanwhile, Harris will win California, Washington, and Oregon, significantly narrowing the gap. The key remains the swing states, with results from Georgia and North Carolina likely to be announced first.
#美国大选

【211:117, Trump wins Iowa】According to NBC News projections, Trump has won Iowa, securing six electoral votes from the state.

Reports indicate that before the election, Iowa was not considered a competitive state, until polls released in the final days suggested that Harris might surpass Trump in the state. However, the final result was not as such.
#美国大选

[Trump is leading in three of the six swing states where votes are being counted] According to real-time statistics from the US media, Trump has temporarily overtaken Harris in Pennsylvania. Currently, except for Arizona, Michigan and Wisconsin, he is temporarily leading in the other four states where votes are being counted (Pennsylvania, Georgia and North Carolina).

2024.11.6币圈大事件

知情人士： 特朗普竞选团队称选举结果可能无法在今晚 (北京时间今天中午至下午) 公布

截至当地时间11月5日晚上8点， 北京时间今天 (11月6日) 上午9点美国已有16个州和华盛顿特区的投票站陆续关闭。

据美联社预测， 共和党总统候选人特朗普赢得了亚拉巴马州、密西西比州南卡罗来纳州、俄克拉何马州、佛罗里达州、田纳西州， 共计获得了95张选举人票民主党候选人哈里斯赢得了马萨诸塞州、康涅狄格州、马里兰州、罗德岛州和华盛顿特区共计35张选举人票。

“鼎益丰”发行“DDO数字期权”涉嫌集资诈骗， 隋某义等人已被采取刑事强制措施。

MakerDAO创始人希望$MKR持有者对 Sky品牌进行投票， 并做出“坚定决定”。

据 Coinglass 数据， 若比特币突破历史新高， 主流CEX 累计空单清算强度将达2.15亿反之， 若比特币跌破6.8万美元， 主流CEX累计多单清算强度将达4.84亿。

分析师： 出口民调对特朗普有利， 特朗普交易卷土重来。

某鲸鱼/机构近5天内从CEX提出2,618枚BTC, 约1.82亿美元。

日本央行九月会议纪要： 如果经济和价格预测符合预期， 日本央行将继续加息。

据CME“美联储观察”, 美联储到 11 月降25个基点的概率为97.5%.维持当前利率不变的概率为2.5%。

2024.11.5 Major Events in the Cryptocurrency World

According to monitoring data from Farside Investors, on November 4th, the US spot Bitcoin ETF BTC had a net outflow of $89.5 million, setting a new single-day outflow record, while GBTC had a net outflow of $63.7 million.

Spot Ethereum ETF: ETH had a net outflow of $31.9 million, and ETHE had a net outflow of $10.8 million.

According to Arkham data, the Mt. Gox cold wallet address (starting with 12Gws) transferred 32,371 Bitcoins (worth nearly $2.2 billion) to an unmarked wallet address (1FG2CvCnJAsb48Y1r3R43WwHwFJhXRveoy) today at 7:38 AM.

A certain pension fund in the UK has officially allocated 3% of its assets to Bitcoin.

Coatue Management is seeking to raise $1 billion to increase its investments in artificial intelligence and technological innovation.

Grayscale’s digital large-cap fund's ETP listing application has now been published in the Federal Register of the United States.

a16z has donated over $23 million for political activities in the US cryptocurrency industry.

Data: Most indicators in the cryptocurrency market increased in October, with total on-chain transaction volume growing by 28.1%.

CATIZEN launched GODL Launchpool, allowing users to stake $CATI and gaming assets to earn 80 million $GODL rewards.

Grayscale transferred 4,546 ETH to a Coinbase Prime address.

OpenSea CEO: The platform has been rebuilt from scratch and will launch in December.

美国大选观战指南