I haven't written anything in a few days. Firstly, I have suffered a lot of losses recently and feel that I don't have much experience. Secondly, I am disappointed with this market. Junk coins can go up in the sky, but no one wants to take the cake. Cryptocurrency is no longer pure. Now the currency circle is like a big A. Coins are issued, marketed, shipped, cashed out, and left in one go? Sometimes I hate Binance. I don’t think Xiong Shi has made any progress in the past few years. Cards will still be frozen when withdrawing money from mainland China. Cryptocurrency has generally been regressing in recent years, and construction cannot be accomplished solely by relying on slogans and four-fours. On the whole, more and more coins are being issued, and what really needs to exist or be done is How many are there? Do public chains really need so many? After the recent continuous breakthrough, the aftermath of ftx will usher in. For most ordinary currency speculators, less may be better.
Let’s talk about the market. Unexpectedly, the backtest of btc EMA120 was completed in a few hours last night. There are currently two trends here. The first one is to end and continue to fall. This trend is relatively simple. I personally don’t agree with it. The second rebound of ETH is not over yet and will continue to lead the junk coins to rebound until the backtest reaches 1800. The big pie will fluctuate. I personally agree with this move, but everything must respect the market, which means that you can't be short on small coins here. Of course, the independent trend is discussed separately.
At present, the contract position has returned to the level during the shock. It is certain that the short positions have been closed, but there is no obvious increase in the long positions, so there is only a high probability of shocks, and it may be a period of no market. . It has been a year of belt-tightening. Fortunately, this round of decline has been very smooth. The market has given me the opportunity to recover my capital. I have recovered all the losses in the front and still have a surplus. I think it is enough for me to continue to wear and guide the new market to come.
Yesterday, there was a reminder in the group to continue holding short orders at 29,500 and 30,000, and defend the rebound. Traders this time especially like EMA120, so just pay attention to the support there.
Like green hills, green waters will always flow. After more than a month of fluctuations, the market has finally started to fluctuate. Now that you have chosen a direction, you should act in accordance with the information given by the market in the short term. Don't be stubborn, even though I have always said that the mood is bad. It makes some sense, but it may just be the case. If it always agrees with your thoughts, it would be too much of a coincidence.
The drop early this morning has not had an impact on small coins for the time being. The recent rebound in the US dollar has stood above 102.5, including the pullback of NQ, which seems to indicate a short-term peak in the market.
The following has entered the chip vacuum area. In the morning, I have been thinking about what this time should be called. Let's call it an atypical bear market. What needs to be noted today is that it may fluctuate or rebound again. However, the short position opening position has already opened up the market price. It is worthwhile to backfill part of the profit here to observe the market.
The small coins continued to dance wildly, and the big pie fell below again after returning to the range of 29,500-30,000. If it follows 1 2 3, it is indeed in the third stage. I don’t know if there will be a last charge, but the final result must be fell. Recently, the trading volume has been getting lower and lower. Whether it is liquidity problems or the lack of volatility, everyone's desire to trade has decreased. Everything indicates a bad result. To do small-coin trading here, it is better to look for some companies with independent market prices, not looms. On days when there is no market, the desire for updates decreases.
Cryptocurrency is dead, I feel like I’m about to change my career. The external price is at a negative premium of 50 US dollars. I don’t know who has been shipping at a high price. Even if I go up, I’m still cheating. I’m really speechless.
There has been no update for a long time, fud messages come one after another and crv is not finished. The pie didn't fall much, but it looked like it was being distributed, and the market felt like it was going to die. Reading the market seems meaningless, so why not read more books and take a rest?
From last night to this morning, there was a scene of joy on the market, but looking at the trading volume of the Binance Big Pie and Two Piece contracts, it is almost gone.
So today, I have to say nothing. This false jubilation may really be the last moment. I thought that entering the third wave of meme coins would move a bit, but I didn’t expect it to be so shallow. Brothers, start shorting, and you will thank me in the future
Tonight, various data and the Fed's speech will be superimposed. The pie circle will not be quiet. Whether it is a break and a step back to confirm the continued decline or a false break and then continue to rise, we should know tonight.
In the past two days, the heat has been concentrated on wld, dogecoin, and comp. If memcoin rises in the last wave, it will only enter the third wave of rise. If dogecoin’s sudden rise is just because Musk mentioned that financial payments are integrated into X, then that may explain why pepe has not moved.
There is nothing to analyze here. The real direction should be confirmed when all the news comes to light. The contract trading volume has been significantly lower recently, but the pricing of options still shows that the market is more optimistic about the upward trend.
The market is very chaotic and the direction is not clear. If you change the pattern a little bit, you need to stop the loss and get out. The only thing you should do now is to be beaten less and to be able to keep the principal.
BTC 1H 4H 1D has become extremely ugly after one stroke yesterday, and it is no longer necessary to look more strongly. Recently, I have been reminding the group of risks. I believe that anyone who wants to avoid them can avoid them.
At present, it is impossible to judge whether there will be a rebound. The small rebound yesterday is too weak. The complete extinguishment of small coins may be a good phenomenon for the market. It depends on whether the key V reaction can come out
The regularity of ETH is stronger than that of the big pie, but it is equivalent to returning to the original starting point. No matter how high the consolidation is, it is a strong signal in the large level, so my current strategy is still low and long. host,
If you can quickly recover and walk out of a V counter after falling below, I personally think it is a good entry position
BTC and ETH have still not come out of critical fluctuations. Currently, the small range of ETH is relatively obvious, that is, between 1881 and 1917. Looking back at all weekly levels, I can’t find three dojis side by side on the BTC weekly line. If we follow the principle of water dropping, the current price will rise. Both the big pie and the big pie are closer to the lower edge of the range, which means that the probability of breaking through is higher. However, before there is no absolute power or the market forms a synergy, the probability of breaking out is still very small.
It is not a good sign for small coins to hold up one pillar, and it has swept back from the top. The emotions have begun to diverge. If it is darker, the sideways trading is just for the safe shipment of small coins.
It is really difficult in hell, and I can only choose to do it with small coins that move independently,
Key fluctuations always come when you don’t expect them. There shouldn’t be too many reminders from the market. Just pay attention to the changes in time-sharing levels. Any turning point after the moving average sticks to each other may be the beginning of a key fluctuation.
At 2 o'clock last night, I judged emotionally that there was a gain. As a result, ETH washed back to the 1881 line in the early morning. When it fell below 1883 at 8 o'clock in the morning, it was obvious that funds were entering the market, and then it started to rise. However, in the end, I can only wait for the rebound first, but I can't see it. Cheng rose, but the market in the early hours of last night can be seen as a signal of weakness and strength
After these days of tossing, the view of maintaining the big pie without falling sentiment has been temporarily verified.
From the point of view of small coins, it is still not very good. With any strong performance, small coins will start to dominate the sky. In the end, it is still possible to return to the stock game. When will the small coins crawl and tremble, the probability of the big pie and the second pie reaching a new high? increase.
There is nothing to say on the market today. Those who were able to find the 1h 4hmacd resonance yesterday should take profit, unless you are a big wrong
Adding up positions with floating profits, and losing everything in one go, this market is really not a game for dogs. If the masters haven't misfired yet, it means that they still have to toss. Thirty thousand is not easy to break, if it breaks, you have to speed up.
The market lacks liquidity and can only go back and forth with high leverage. With all the data and positive correlations last night, the pie still cannot rise, whether it is due to Sister Mu’s reduction or the Silk Road pie. In short, this range has been oscillating for more than 20 days without rising. Although the probability of an upward breakthrough is higher, it still needs to be given a suitable position to open a position, otherwise it can only be worn back and forth in the middle of the range. In the mainstream, aave-ltc-bch is more certain. If Erbing can go to around 1830 again, I think billing is a relatively good location At present, we can only wait or ambush directly, and chasing means stopping losses. There is no point in analyzing the market, especially for small coins. All technologies need to be based on a sufficient number of participants, which is not available in the current market.
Every trader has experienced painful moments when the trading market ruthlessly stripped away our profits, and we who were once driven by confidence and greed also lost ourselves in losses.
Opening a position: the importance of details
At the starting point of trading, the critical step is to open a position. A momentary wrong decision may lead to huge losses. Every trader should learn from small steps and grasp every opening of a position. Don't be overwhelmed by blind expectations and irrational emotions. Only by sticking to your own rules and always staying calm can you avoid regret and pain.
BCH and LTC: Conjecture on the prospects of becoming a BTC expansion plan
As Bitcoin’s transaction volume continues to grow, its scaling issue has increasingly become a focus. In the process of seeking to solve the BTC expansion problem, cryptocurrencies with similar applications such as Bitcoin Cash (BCH) and Litecoin (LTC) have gradually attracted attention.
First of all, BCH, as a branch currency of Bitcoin, solves the expansion problem by increasing the block size, thereby increasing the processing speed of transactions per second. Compared with Bitcoin's 1MB block size limit, BCH's 8MB block capacity brings higher transaction throughput and miners' efficiency in recording transactions. However, while pursuing transaction speed, BCH also faces hidden concerns about network centralization and security. This makes BCH face certain challenges in the prospect of becoming a BTC expansion solution.