Auntie has given up, but we cannot give up. Let me share my views with you, because today is the 4th day of the decline, and generally the 4th day is prone to rebound and reversal. Additionally, I took a look at the analysis from Lunhui regarding Bitcoin, which is bullish today, released on August 31st. I find Lunhui's analysis to be quite accurate each time, and indeed today's market is developing in the direction of their analysis.
In short, playing this thing is like the crypto world torturing me countless times, yet I treat the crypto world like my first love.
The method of the aunt from 1975 is left-side trading. I studied his delivery notes, including just now at 11:02, opening a position at 197.4. It is very obvious that it is a left-side method, but what is different about this method is that it waits for this large order to smash the bottom before starting to enter. Generally speaking, left-side methods usually experience a second bottom test, or even a break below the bottom, at which point it really is a matter of mentality. He did not follow the previous days' pattern of waiting to open a position at 19 minutes.
I think there's still something to play with. First of all, yesterday he reached a new high, and there was only a sharp drop yesterday. As for today, well, for now, after such a long time, there hasn't been a sharp drop.
Let's talk about something, first of all, I issued this coin today, buying at 211 to catch the bottom. Secondly, you see that tonight it suddenly rebounded, but currently, the 4-hour candlestick hasn't finished yet. Since it has risen so sharply, it will definitely pull back, and I left at 346. For the trend of this kind of coin, you actually don't need to think too much. It just needs a big rebound, and after the rebound, it will go back to where it came from. For shorting this kind of coin, generally, you look at the 5-minute chart; the candlestick rises very sharply, usually in 5 minutes. Ah, during the first drop, there will be a large bearish candlestick, and then you just follow and short. Because if you're thinking of shorting at the top, you never know when it will drop, so just wait for it to move sideways and suddenly appear a bearish candlestick in 5 minutes, and you follow to short. If it makes a new high, just stop-loss. Then when operating, take a look at the 4-hour candlestick to see roughly where it is. When it gets there, it generally won't exceed that candlestick.
On the 21st, I bought 1000 for #memefi , it's just that Binance delisted the contract. Additionally, I also think this price is low enough; it will be delisted on the 11th.
After reaching a new high, I directly liquidated my holdings, as there are some things I don't understand. I only earn money within my own understanding.
As the market sings the praises of altcoin season, a Korean trader named NAMSEOKHEE on Binance Futures has, over the past 7 days, crazily opened positions betting on the rise of various altcoins, achieving an account return rate of 134 times in just one week.
There are as many as 75 altcoin varieties that he has gone long on, and there are still a bunch of long positions remaining.
His strategy is to use 2000 - 3000 USDT as margin for each variety to long a series of altcoins that have not seen explosive growth on Binance.
#myx #myx# This has been a continuous concern, he has struggled twice without dropping, and this is the third attempt. Let's see if it will break through; I was very optimistic about it. It's been a rollercoaster with him, but playing with this thing is like being in a relationship; my girlfriend has tortured me countless times, yet I treat her like my first love. Keep an eye on this from 2 PM to 3 PM; can it break through the 1.69 position? If it can break through and stabilize, then in the next hour, a big bullish candle is expected to appear, and this big bullish candle will directly break through 2 dollars. So, let's look at the price at 3 PM. As long as it can touch 1.7 in this hour, I will start to increase my position and buy at a lower price in the next hour.
#fun I looked at the trend of this coin, it somewhat resembles a certain meme coin from 2025! It's a contract similar to TRB, what do you brothers think?
Talk about USTC. A few days ago, I saw someone in the square talking about this coin and its market capitalization being very low. I looked into it and found that its current market cap is only over 70 million USD, which is equivalent to over 500 million RMB.
Then, I noticed that a few days ago, some funds tried to push the price up because the trading volume clearly increased significantly, then it fell back, and today it started to rise again.
Before Bitcoin stabilizes, if there are some coins that stabilize earlier than Bitcoin and start to rebound, I think everyone should pay close attention to these points. The point of focus is that since there has been capital intervention, and since it has been involved with funds and is still stuck in losses. Currently, its market cap is not high, so it can be a focus. The key is that it has been consolidating for such a long time, with funds trying to push the price up, and it hasn't dropped down. It can be considered for investment, and that is the reason.
I just looked at the daily chart of Bitcoin, and actually, I see the daily chart of Bitcoin as an ok candlestick. It just happens to have retraced to the 60-day moving average. The 60-day moving average is generally a major cycle line, and it is also a watershed for bullish and bearish trends. If it holds after the retracement here, it indicates a new market trend.
If it's good, it will rise directly; if it's not, it may take some time to consolidate.