Yesterday's US election probably saw many people eating meat. This wave of two orders directly reversed the position; when encountering a trending market, you should hold long, don't profit from longs and then go short. Trump, as the first leader to advocate for cryptocurrency in international speeches, is undoubtedly a significant boost for the crypto world. Bitcoin will definitely break the 80,000 mark this month. In the past two days, Ethereum has also shown an independent trend. Compared to May when Bitcoin broke 73,000, Ethereum also reached a height of 4,000. There is still room for Ethereum to rise, breaking 3,000 is a certainty. After the recent surge, it should be a volatile upward trend. For spot trading, you can hold continuously; for those trading contracts, you can open a position of 20% first and gradually increase your position during pullbacks. Currently, altcoins haven't seen much increase, you can start positioning. Comparing to the previous bull market, it can be observed that bull markets are driven by mainstream coins, and in the later stages, altcoins in each sector will show a rotational rise. You can prioritize positioning in altcoins with strong liquidity; obscure coins have many uncertainties, so it’s best to avoid them. #山寨季将至? #特朗普加密政策承诺 #美国大选后涨或跌? #币安BNSOL超级质押 #贝莱德比特币ETF交易量创纪录
This week, the Ethereum market has experienced significant fluctuations, presenting a situation of mutual destruction between bulls and bears. Many traders entered the market when it showed a trend, only to be caught in a bait-and-switch by the market makers, trapping many at high points. Since August 5, Ethereum has been in a sideways range, with four peaks stuck at the 2700 position and lows hovering around 2300. It has struggled to break through 2800, causing many long-term traders to be repeatedly rubbed by the market, while short-term traders have suffered severe losses. The signal is clear: the support at 2300 is very strong, and with proper position management, one can enter around 2430. No matter who wins the U.S. election, there will definitely be a significant market movement. We must go with the flow and act when opportunities arise. With three years of contract experience, I have developed my own trading strategy and will start a new account with a monthly target of 5000. I will share my strategies and earnings in real-time to see how much I can earn in a week. #美国选情僵持 #以太坊白皮书11周年 #美国大选后涨或跌? #美联储利率决议来袭 #11月市场预测
Bitcoin has broken through the 70,000 mark. Why is your capital still stagnant? Are you even experiencing floating losses? We can analyze the following reasons to see how many you relate to: ① Short-term trading: Everyone knows that the cryptocurrency market has significant fluctuations, and frequent trading can bring considerable profits, making it feel like a game of chance, even leading one to believe they have grasped the规律 of contracts, feeling that making money is particularly easy. Both long and short positions can have floating profits, but short-term trading limits one’s understanding, leading them to believe that prices move within a range; as soon as they see a high, they short, and as soon as they see a low, they long. This severely affects trend control, and once trapped, one may miss significant market movements. ② Psychological issues: In the cryptocurrency market, impatient and gambling-prone individuals are not suitable for trading. Why? One must maintain a good mindset in the face of the market's ups and downs; one cannot be arrogant due to profits nor depressed due to losses. We must hold onto floating profits and accurately assess risks when facing floating losses. Do not become restless due to a momentary stop-loss or invest blindly. One must have the mindset of patiently fishing, and never let down one's psychological defenses or engage in mental self-consumption. ③ Blindly following trends: In the vast forest, there are all kinds of birds. On this large platform of the cryptocurrency market, everyone has their own opinions, but one must first be firm in their own direction and not listen to this suggestion or that suggestion. If you blindly trust and follow others, you will ultimately doubt your own decisions and become indecisive. Having experienced several rounds of bull and bear markets since entering the space in 2018, facing countless liquidations, transitioning from a novice to an experienced trader requires a long journey. Only through continuous trial and error can one grow; maintaining a good mindset is the greatest investment one can make for themselves. Stabilizing oneself allows for better management of positions. The above are my insights from years of trading shared with everyone. Those feeling confused in the cryptocurrency market can reach out for communication; only those who have been through the rain understand how to hold an umbrella for others. This is where today's article ends; still, the same advice: newcomers should proceed with caution.